Signet Bank launches first Baltic bond fund in Latvia

Signet Asset Management Latvia of Signet Bank Group has established the Signet Baltic Bond Fund, described as the first open-ended mutual fund of its kind in the Baltic region, aiming to provide income to investors whilst contributing to regional capital …

Latvia's largest state companies will not go on exchange anytime soon

There are no plans to float the largest state-owned companies "Latvenergo" and "Latvijas Valsts meži" on the stock exchange anytime soon, Finance Minister Arvils Ašeradens (New Unity) and Edgars Tavars, head of the United List Saeima …

Illegal pill sellers detained in Latvia

In connection with the illegal distribution of medicines, the State Police have detained eight persons acting in an organised group and involved in the distribution of medicines of unknown origin, illegal business activities on a significant scale and …

Inflation continues to rise – prices in Latvia increased

In June, Latvia recorded higher annual inflation than the average across the European Union (EU) and the euro area, according to data published Thursday by the EU statistical office Eurostat. Annual inflation in Latvia reached 3.9% in June. The lowest …

Light winds, heavy rain showers and fog – weekend forecast for Latvia

At the end of the workweek, variable weather conditions are expected in Latvia. The sun will alternate with clouds, which in many places will bring precipitation – both short-term rain and, in some areas, heavy thunderstorms, according to the Latvian …

Latvia's unemployment rate unchanged in June

Central Statistical Bureau (CSB) estimates published July 17 show that the actual unemployment rate in Latvia was 6.8 % in June 2025. Over the month and over the year it has not changed. The unemployment rate for women increased by 0.1 percentage point, …

Birth rate continues to decline in Latvia

In the first five months of this year, 4,678 newborns were registered in Latvia, which is 14.2% or 774 fewer than in the same period of 2024, according to provisional data published by the Central Statistical Bureau. Of these, 2,422 were boys – 8.8% or 230 …

“Less money, less power” – Ušakovs criticizes new EU budget as harmful to Latvia

The new multiannual budget of the European Union (EU) is a direct blow to municipalities and agriculture and is highly disadvantageous for Latvia, stated Member of the European Parliament Nils Ušakovs (S). The European Commission (EC) presented the draft …

Not enough sun in Latvia? Enough for sunburn, say skin doctors

Although you might not see or feel much sun this summer, there is enough to get sunburnt, dermatologist Raimonds Karls and dermatologist, venereologist and lecturer at Riga Stradiņš University Alise Balcere said on Latvian Radio programme "How to live …

Larne goalkeeper Rohan Ferguson reveals the secret to his penalty shoot-out heroics in Latvia