Business
 

Deflation to continue in Latvia in coming months - bank analysts

  • 2020-07-08
  • LETA/TBT Staff

RIGA - Deflation in Latvia will continue in the coming months, bank analysts told LETA commenting on consumer price changes this past June. SEB Banka's macroeconomic expert Dainis Gaspuitis told LETA that the price level in the coming months would be mos...

Read more

 
 

Negative wholesale electricity price observed in Latvia for the first time

RIGA - For the first time in history, a negative wholesale electricity price has been observed in Latvia - from 5 a.m. to 6 a.m. this morning, the price of electricity in Latvian price area at the Nord Pool exchange stood at minus EUR 0.09 per megawatt/hour (MWh), LETA learned from the Public Uti...

The public sector e-invoicing in Estonia is celebrating its first anniversary

During the year, Estonian state agencies have received 370,000 e-invoices. On July 1, one year has passed since the state of Estonia started accepting only e-invoices. With this, the state has been a pioneer in the transition to modern settlement solutions in Estonia; in a year...

Negative wholesale electricity price observed in Latvia for the first time

RIGA - For the first time in history, a negative wholesale electricity price has been observed in...

The public sector e-invoicing in Estonia is celebrating its first anniversary

During the year, Estonian state agencies have received 370,000 e-invoices. On ...

Maxima’s Responsible Actions During COVID-19 Documented in Latvian History

To support the archiving of information and artefacts both about this time and other important pe...

European Commission Approves airBaltic Equity Increase of 250 Million Euro

RIGA - The European Commission on July 3, 2020, under EU State aid rules, has approved the Latvia...

Latvian subsidiary of Estonia's Merko to build business complex in Riga for EUR 48 million

SIA Merks, part of the listed Estonian construction group Merko Ehitus, has entered into a contra...

Quarantine boosts e-commerce, though 40 percent of Lithuanians still don't shop online

The three-month quarantine and restrictions on non-essential retail have changed Lithuanian shopp...

SEB bank hit with huge fine in Sweden over Baltic banking mistakes

Sweden's financial supervisory authority, Finansinspektionen (FI), said June 25 it was fining...

European Commission launches Just Transition Platform

The European Commission on June 29 launched the Just Transition Platform (JTP) to help member sta...

airBaltic plans to operate flights from Riga to 49 destinations this summer

RIGA - Latvia's airBaltic national carrier plans to operate flights from Riga to 49 destinati...

Tallink to add departures to Helsinki-Riga, Turku-Tallinn routes for August

TALLINN - The listed Estonian shipper Tallink Grupp is adding more departures to the Helsinki-Rig...

Latvian construction company “Merks” to build the modern business centre Verde in Riga

SBA investment management company “Capitalica Asset Management” has entered into cons...

East Capital Real Estate acquires SEB’s head office in Estonia

East Capital Real Estate IV acquires SEB's head office in central Tallinn from Partners Group...

Regular passenger traffic between Latvia and UK will be restarted soon - Linkaits

RIGA - Regular passenger traffic between Latvia and UK will be restarted soon, Transport Minister...

Estonia: SEB Pank fined EUR 1 mln for breaches of anti-money laundering rules

TALLINN - The Estonian Financial Supervision Authority (FSA) has issued a precept to AS SEB Pank ...

Please enter your username and password.