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The Ministry of Finance is the managing public administration institution in the finance sector

The Ministry forms the national tax policy, drafts the annual state budget, manages European Union structural funds, as well as monitors macroeconomic development of the state

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Ministry of Finance
of the Republic of Latvia
1 Smilsu st., Riga
LV-1919, Latvia

P.: +371-67095405
F.: +371-67095503
E-mail: pasts@fm.gov.lv
info@fm.gov.lv

News

Riga, 25 April 2015 – On Saturday 25 April, at the second session of the informal meeting of the Economic and Financial Affairs Council (ECOFIN), one of most important issues on the agenda was the further development of the Capital Markets Union concept, which was broadly supported by the ministers and Governors of central banks.

Riga, 24 April 2015 – On Friday 24 April, the first session of the informal meeting of the Economic and Financial Affairs Council (ECOFIN), chaired by the Latvian Minister for Finance Jānis Reirs, was held in Riga. The Ministers discussed the economic situation and financial stability in the European Union, as well as the main obstacles to the implementation of structural reforms in the Member States.

Today the European Parliament and the Council opened their negotiations on the regulation on the European Fund for Strategic Investments (EFSI).

The Council Presidency, as well as the Chairs and co-rapporteurs of the Economic and Monetary Affairs committee (ECON) and of the Committe on Budgets (BUDG) confirmed their resolve to work hard towards reaching agreement as quickly as possible, allowing for final adoption already this summer.

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