A new trend in the commercial property market has emerged in Riga during the crisis: owners offer temporary discounts to tenants, Latvian Radio reported on June 12.
Generally, the Baltic States have chosen relatively similar support measures to counter the economic crisis caused as a knock-on effect of the COVID-19 pandemic. Latvian Radio reported on June 9 about the approaches taken by Latvia, Estonia, and Lithuania.
Latvian residents, including entrepreneurs, will be able to use their Latvian eID cards for Estonian e-services, said Gatis Ozols, Public services director of the Ministry of Environmental Protection and Regional Development (VARAM) to Latvian Radio on May 24.
Of an intended EUR 500 billion of funds raised by Germany and France, 1 billion could be made available to Latvia over the next 20 years, said Finance Minister Jānis Reirs in a press conference on May 19.
Latvian company "SAF Tehnika" has developed a new tool for measuring human body temperature, company representative Toms Rekšņa told Latvian Radio on May 18.
Demand for remote consulting platform DoctorOnline has increased significantly due to COVID-19, said business development director Santa Batuhtina-Banga to Latvian Radio on May 14.
Latvia has committed to investing up to EUR 250 million in the national airline airBaltic, said head of airBaltic Martins Gauss and Transport Minister Tālis Linkaits in an interview to Latvian Radio on May 13.
Many companies are closed during the Covid-19 outbreak, with employees staying home. But others are seeing increased demand for services and products. These latter now tend to absorb part of the workforce that is seeing downtime, reported Latvian Radio march 25.
In the last 24 hours, the Latvian State Police have recorded 14 instances where emergency measures concerning the novel coronavirus have been violated.