BB.lv: Latvian economy lacks investments of 2-3 billion euros

He noted that what was expressed in the latest economic report of the Organization for Economic Co-operation and Development (OECD), presented this week about Latvia, largely coincides with what is currently being implemented in Latvia. “The recommendations that come from the OECD are also on our agenda,” the minister said. Valainis also noted that the … Read more

BB.lv: This year the situation in hospitals “will be ok”

The politician said that in order for more money to flow into hospitals this year, it is necessary to move forward quite smoothly on the report proposed by the Ministry of Health on the first reforms of the hospital network, the approval of which will allow hospitals to receive an additional more than 25 million … Read more

airBaltic shares will be listed on the stock exchange in the second half of the year

He noted that before the public offering of shares, the airline must refinance the bonds and now airBaltic is in the process of refinancing, adding that airBaltic shares are planned to be listed on the Nasdaq Riga exchange. Gauss also said that this public offering will be the largest in the Baltics. At the same … Read more

BB.lv: Compared to previous years, the situation is no better now

He noted that when communicating with the heads of Latvian hospitals, one can conclude that the situation has not changed, but there are industries that suffer more, for example, those hospitals that provide assistance during childbirth, as they are losing money because the range of unprofitable activities is increasing and unpaid services. In response to … Read more

Some sports federations demand the re-election of the LOC president

LTV claims that the federations believe that the current president of the LOC, Janis Buks, did not fight enough for sports funding and common interests. Bux himself is ready to continue working at LOK. Representatives of 21 sports federations expressed their desire to hold elections for the President of the LOC earlier than originally planned … Read more

kicked a doctor, broke his glasses, and the police don’t even see the “administrative card”

The police were called. After a four-month investigation, it was concluded that there was no administrative violation. The cost of glasses can only be returned in court. Laura believes that the patient should have received a fine because “even for an illegally parked car we get fines.” But not for assault. “I wonder what the … Read more

The Bank of Latvia announced when the ECB may start cutting interest rates

“I think this will start to happen at the beginning of the summer,” Kazaks said, while emphasizing that rate cuts will be carried out carefully, gradually, as the economy responds, and that rates should not be expected to return to zero. He also noted that, according to financial market forecasts, a rate cut is expected … Read more

BB.lv: Trading with Russia is like sitting on a powder keg,

“Why should we look for happiness where they promise us that they will finish us off? Let’s go look for happiness somewhere else. We export to Western markets, where the situation is much more predictable, the profit volumes are much higher in the long term. Therefore, from the Russian market we really we have to … Read more