26 May 2020
The Cabinet of Ministers on Tuesday supported in principle merging the Bank of Latvia with the Financial Capital and Market Commission (FCMC). According to the government's decision, the two institutions will be merged either in 2022 or in 2023.... Read more
25 May 2020
Last week 40 new Covid-19 cases were recorded in Latvia, which is the lowest weekly number in the past ten weeks, according to the data by the Center for Disease Prevention and Control.... Read more
18 May 2020
Employees arriving from abroad and without symptoms of a respiratory infection will not be required to undergo a 14-day self isolation, according to a decree issued by Economics Minister Janis Vitenbergs (KPV LV). ... Read more
11 May 2020
Registered unemployment rate in Latvia increased to 8 percent of the economically active population by end-April, which is 1.2 percentage points more than at the end of March, LETA learned from the State Employment Agency.... Read more
07 May 2020
The Cabinet of Ministers at an extraordinary meeting today decided to support the proposal of the Economics Ministry, providing that downtime benefits should be applied for only for the current month and not for the past months. These amendments refer to the regulations on employers affected by the Covid-19 crisis who qualify for downtime benefits.... Read more
07 May 2020
Up to EUR 100 million will be made available to help large manufacturers cope with the impact of the Covid-19 crisis, according to draft regulations on capital investments in companies affected by the Covid-19 reviewed at a meeting of Finance Minister Janis Reirs' (New Unity) task force to support businesses and employees on Wednesday.... Read more
07 May 2020
The state of emergency in relation with the Covid-19 pandemic will be extended to June 9, while a number of restrictions will be eased, according to the information at the disposal of LETA.... Read more
