18 January 2021
The government earmarked additional EUR 197.43 million for support measures in the Covid-19 crisis until the middle of this year, according to the information from the Finance Ministry. EUR 197.43 million have been earmarked to ensure downtime benefits, wage subsidies and current assets of companies stricken by the Covid-19 crisis.... Read more
10 January 2021
The Norwegian Chamber of Commerce in Latvia (NCCL) together with the Royal Norwegian Embassy invites all Norwegian investors in Latvia to participate in the Norwegian Investor Sentiment Index, which is launched to gain an insight about the Norwegian investor outlook towards the investment climate and business environment in Latvia.... Read more
10 January 2021
Snorre Karkkonen Svensson, who is the founder and co-owner of the House of Languages has joined the NCCL Board in December 2020, after Lennart Rasmussen-Lagnehag, representing the Nordic Choice Hotels' branch in Latvia, resigned from the NCCL Board member position.... Read more
08 January 2021
On 7th January 2021, the Cabinet of Ministers approved the regulation of the "Business Development, Innovation and SMEs" Programme of the Norwegian Financial Mechanism 2014-2020. Entrepreneurs will have access to a total of EUR 14,7 million in funding for innovative business development. The Investment and Development Agency of Latvia (LIAA) will be in charge of implementing the Programme.... Read more
08 January 2021
Latvian monetary financial institutions (mainly banks) earned EUR 151.4 million in aggregate profit in the first 11 months of 2020, which is by 9.1 percent less than in thesame period a year ago, the Bank of Latvia reported.... Read more
08 January 2021
If you are planning to travel to Latvia from abroad, take a note that beginning 15 January, all international arrivals, either by a passenger carrier or private transport, in addition to a filled in Covidpass.lv form, are required to present a negative COVID-19 test taken up to 72 hours, or three days, prior to arriving in Latvia.... Read more
07 January 2021
Saeima member Daniels Pavluts (For Development/For) has promised to work on speeding up the pace of vaccination against Covid-19 if he is appointed Latvia's nexthealth minister. ... Read more
06 January 2021
The government imposed Covid-19 restrictions will remain in force until January 25, State Chancellery Director Janis Citskovskis said last night after a government and Crisis Management Council meeting.... Read more
06 January 2021
From January 2, travellers to Norway are required to register themselves as a step in improving infection control. The government has also imposed mandatory testing for Covid-19 for all travellers to Norway. ... Read more
05 January 2021
In the first 11 months of 2020, Latvia's calendar-adjusted industrial output dropped 2.3 percent at constant prices from the respective period last year, according to the datareleased yesterday by the Central Statistical Bureau (CSB).... Read more
