On Thursday, February 15, with amendments to the Consumer Rights Protection Law, the Saeima facilitated the recrediting of mortgage loans to make the process simpler and cheaper. The Saeima also lifted the advertising ban on mortgage loans.
Author's articles
The Finance Latvia Association (FLA) categorically rejects the claims made by the former Finance Minister Jānis Reirs that banking activity in Latvia resembles a cartel, the association said in a statement on November 10.
Latvia has abandoned the idea of compulsory vaccination against Covid-19 for people above 60, LSM's Latvian language service reported on February 3.
A potential strategic partner for the liquefied natural gas (LNG) terminal project at the Port of Skulte has been identified as South Korea-based Korea Gas Corporation ("KOGAS"), one of the world's leading importers of liquefied gas, reported LSM's Latvian language service October 9.
Last fall, Latvia's flag-carrier airline airBaltic hired New York investment bank Greenhill & Co as a consultancy firm to find a new strategic investor for the airline, the Transport Ministry told LSM.