Nearly half or 46% of Latvian households' financial situation has deteriorated this year, according to a study by the Swedbank Institute of Finance. This is the most negative assessment of the financial situation in the history of conducting the study since 2013, Latvian Television reported on December 12.
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Proposals submitted by the partners of the future coalition for a government declaration are being compiled and processed. The declaration defines the objectives and tasks of the government. Saeima deputy Arvils Ašeradens (New Unity) told Latvian Television on Monday that work could be completed at the beginning of the next week.
On Sunday, the last exercises of the “Namejs” military exercises took place in Rīga. During the autumn training phase, soldiers and guardsmen practiced defense operations in the urban environment in cooperation with NATO partners from Denmark and the US. Latvian Television followed the training of the 13th Infantry Battalion of the National Guard in Rīga 5th tram depo on Saturday, October 10.
The Ziedot.lv charity foundation has received €150 thousand to extend aid to war refugees from Ukraine. The money has been allocated from the European Economic Area and Norwegian financial facility. The aid is intended mainly for the employment of social workers working with refugee families, Latvian Television reported July 18.
In response to a sharp increase in electricity prices, the sectors, together with the Ministry of Economics, are proposing to temporarily not only reduce the value-added tax (VAT) on electricity but also halve the electricity distribution tariff, Latvian Television reported December 9.
It has been widely reported that all travelers can perform a free voluntary Covid-19 test at Rīga International Airport. However, it turns out that there are some who have to pay, Latvian Television reported December 7.
Electricity is becoming more expensive due to rising natural gas prices and the impact of Covid-19 on the economy in Latvia. All Latvian residents will experience price increases, but this will not happen at the same time. Experts' forecasts for future price changes differ, Latvian Television reported August 2.