On Friday, September 30, due to the favourable conditions in the international capital markets, Latvia issued a new 10 year bond amounting EUR 650 million. The coupon was set at the historically lowest level 0,375% (yield 0,456%). Demand for Latvia’s new bonds exceeded 2,6 times the issuance size.
According to the latest data for the European Commission’s 2014-2020 planning period, Latvia is on the 6th place among 28 member states based on the country’s performed payments. In regards to the volume of requested payments, Latvia is 4th among EU member states.
On Wednesday, June 15 the high-level working seminar of the representatives of the government, social and cooperation partners and the experts of the World Bank (WB), the Organisation for Economic Development and Co-operation (OECD) and the European Commission (EC) was held regarding Latvia's tax policy challenges in the medium term planning period. The seminar was opened by the Prime Minister Māris Kučinskis.