The 14.5% rate on bonds issued by the national airline airBaltic is high, but it is appropriate for the risk and the health of the company, as stated by financial market experts assessing the price of airBaltic's €340 million loan, LSM and Latvian Radio reports.
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Consumption of traditional rye bread has declined over the past 10 years, whereas white bread and pastry consumption has gone up, as observed by bakers. In order to promote consumption of traditional Latvian rye bread, it is planned to introduce a special rye bread program in schools, Latvian Radio reported on May 8.
As of Monday, April 15, the portal eriga.lv shows the offer for open summer camps in Rīga, whereas all the camps on offer for the summer are seen on nometnes.gov.lv, Latvian Radio reports.
In order to meet the increase in demand for digital services and ensure the speed of these services, Latvia will build a national federated cloud, or state data processing cloud, which will consolidate the state administration's computing capacity in four data centers of national significance, Latvian Radio reported on April 5.
Last year, each resident in Latvia ate an average of 23 kilograms (kg) of cheese. The latest data from the association Cheese Club (Siera klubs) show that both cheese production and exports increased significantly last year. The industry predicts that positive trends will continue this year, Latvian Radio reported March 6.
One of the demands of farmers in the recent protests was to ban the sales of Russian and Belarusian food products in Latvian shops. Imports of food and agricultural goods from both countries have even increased over the past year and are still valued at hundreds of millions of euros. Traders' representatives indicate that there should be more pressure, Latvian Radio reported on February 7.