The Ministry of Transport has 5 directions for reorienting ports and logistics

“Finally putting an end to this after many years of dependence on transit of Russian origin is in the interests of Latvia’s security and growth,” Brishkens noted. He said that at the meeting, the Ministry of Transport proposed five priority areas on how to specifically reorient the Latvian ports and logistics industry, namely: cargo flows … 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