Annual inflation in Latvia decreased to 2.1% in July 2009, compared to 3.1% in June, therefore Latvia had just the fifth highest inflation rate in the European Union last month, as the EU statistical ...

In 2008, the sales of the biotechnology and cosmetic products company BIOK Laboratorija reached 11.6 million litas (3.338 million euros), an increase of 22.4% year-on-year. The most successful period ...

Tallinn University has been accepted as a member of the EMICC (European Master in Intercultural Communication), as the Tallinn University said in a statement. It is an important step for the Tallinn ...

According to a survey, which purpose was to clarify what eye color the people of Latvia have, turned out that the most common eye color among citizens of Latvia is bluish-grey. The research, which was ...

The key objective of the central bank's monetary policy is to facilitate the favourable macroeconomic environment for growth of the national economy in the long term. The course of global economic ...

The European Bank for Reconstruction and Development (EBRD) is ready to acquire the minority stake at Parex banka, making an investment of EUR 100 million (LVL 70 million), Prime Minister Valdis ...

Germany's export credit insurance company Euler Hermes will revise the rating of lowest risk ascribed to Lithuania and will evaluate companies individually. Economy Minister Dainius Kreivys heard such ...

The ice cover on the Baltic Sea is now at it widest extent since 1987, and it is expected to freeze over even more, according to Finnish meteorologists. Furthermore, warmer temperatures and high winds ...

Rothschild dynasty representatives are considering investing money in the Baltic countries, including Latvia, as the newspaper Telegraf writes today. The Rothschild family is mostly interested in ...

The Tallinn city council approved on Thursday of the 2013 budget of the Estonian capital city that focuses on needs of children, guaranteeing sports facilities and introducing free public transport ...

The motion to remove Krotovs came from six opposition council members regarding the situation with the Stendes nami company. Due to significant debt, the company’s buildings in all of Stende are on ...

It is planned to intensify work on increasing cargo transportation volumes between Kazakhstan and Latvia, as well as attracting cargo from China, the state-owned joint-stock railroad company Latvijas ...