On Monday, December 6th, 2021, the Treasury on behalf of the Republic of Latvia priced its debut (long) 8-year Sustainability Bond raising 600 million euro, with a reoffer yield of 0,263% and a…
On Thursday, 2 December, during the annual European Union (EU) fund evaluation meeting, the European Commission (EC) praised Latvia for its successes in many fields where EU funds are used,…
As a branch supervisor, the State Revenue Service (SRS) has inspected the company “Chatextech” in the field of proceeds of crime and found significant irregularities. As a result of the inspection,…
On Thursday, 14 October, the Minister of Finance Jānis Reirs delivered the budget portfolio to the Saeima in order to traditionally submit the draft law on the state budget prepared by the government…
From Monday, 11 October, an emergency situation is declared in Latvia for three months in order to stop the rapid spread of Covid-19 infection, not to overburden health care system and save as many…
Today the Saeima (the Parliament) adopted the new Law on Latvijas Banka in its third, final reading. The Law provides for the integration of Latvijas Banka and the Financial and Capital Market (FCMC)…
On Friday, September 3, 2021, the international credit rating agency Fitch Ratings (Fitch) affirmed Latvia's credit rating at "A-" level with a stable outlook. Fitch highlights the credible policy…
Today, on August 24, the government supported the draft financing agreement for the Recovery Fund between the European Commission (EC) and Latvia, authorizing the Minister for Finance Jānis Reirs to…
Following the approval of the Latvian Recovery Fund plan by the Economic and Financial Affairs Council of the European Union on 13 July, line ministries have begun active preparations in cooperation…
On Tuesday, July 13, the Economic and Financial Affairs Council (ECOFIN) approved the Latvian Recovery Plan, with investments of EUR 1.82 billion. The funding agreement is scheduled to be concluded…
