This article is brought to you in association with the European Commission. The Commission today adopted a proposal to provide nearly €50 million from the agricultural reserve to support fruit, nuts and vegetable farmers in Bulgaria, Hungary, Latvia, Lithuania, Poland and Romania. Farmers in these Member States have recently suffered significant damages from adverse climatic events. […]Commission mobilises €50 million in emergency support to farmers in Bulgaria, Hungary, Latvia, Lithuania, Poland and Romania
October 13, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission today adopted a proposal to provide nearly €50 million from the agricultural reserve to support fruit, nuts and vegetable farmers in Bulgaria, Hungary, Latvia, Lithuania, Poland and Romania. Farmers in these Member States have recently suffered significant damages from adverse climatic events. […]Latvian capital Riga to get water-system upgrades with €70 million EIB loan to utility Rīgas ūdens
April 7, 2025 by Leave a Comment
This article is published in association with European Investment Bank. The Latvian capital Riga will upgrade and expand its water-supply network with the help of a €70 million European Investment Bank (EIB) loan to municipal utility SIA Rīgas ūdens. The company, serving over 600,000 residents, will use the EIB credit to curb drinking water network seepages, […]The European Commission issues a positive assessment of Latvia’s payment request worth €293 Million under NextGenerationEU following positive Commission assessment
March 19, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission has issued a positive preliminary assessment of Latvia’s payment request for €293 million under the Recovery and Resilience Facility (RRF), the key instrument of NextGenerationEU. The preliminarily assessment concludes that Latvia has fulfilled the milestones and targets required for this payment, financed under […]EIB lends Latvian energy utility Latvenergo €200 million loan to refurbish power-distribution network
March 10, 2025 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending Latvian energy utility Latvenergo AS €200 million to upgrade the country’s electricity distribution network. State-owned Latvenergo AS will use the EIB credit to make the electricity-distribution system both more efficient and more capable of delivering clean power. This project, […]Latvia: EIB and Latvian government to collaborate on affordable rental housing
October 3, 2024 by 1 Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB), the Latvian Ministry of Finance and the Latvian State Real Estate Company (SRE) have joined forces to expand affordable housing in Latvia. The EIB’s Advisory Services will assist the Latvian government in devising a blueprint for the sector, including in the […]Latvian President to MEPs: Europe must be on the right side of history
February 15, 2023 by Leave a Comment
This article is brought to you in association with the European Parliament. On Tuesday, Latvian President Egils Levits called on Europe to find the political will to try Russia for its crimes and give Ukraine a future in Europe. In a formal address to the European Parliament in Strasbourg, Mr Levits echoed Parliament’s demand to establish […]Reforms in Latvia must result in stronger enforcement to tackle foreign bribery and subsequent money laundering risks
October 16, 2019 by Leave a Comment
This article is brought to you in association with the European Commission. Latvia has continued to improve its framework against bribery of foreign public officials and subsequent money laundering but the reforms need to translate into further effective enforcement, according to a new report by the OECD Working Group on Bribery. According to the Working Group, […]Latvian economy is thriving, but boosting productivity, improving social protection and transitioning to a low-carbon productive model are vital for sustainable and inclusive growth
May 29, 2019 by Leave a Comment
This article is brought to you in association with OECD. The Latvian economy is thriving, with strong job growth driving convergence with more advanced economies. Efforts should now focus on reducing inequality, responding to the challenges posed by population ageing and making growth stronger, inclusive and greener, according to two new OECD reports. The latest OECD Economic […]ECB: Monetary policy decisions
June 18, 2018 by Leave a Comment
ECB Governing Council and Press Conference in Riga, Latvia. ECB photo, some rights reserved. This article is brought to you from ECB’s Media Services On 14 June 2018 meeting, which was held in Riga, the Governing Council of the ECB undertook a careful review of the progress towards a sustained adjustment in the path of […]Draghi to hold on zero interest rates until he leaves ECB
June 18, 2018 by 3 Comments
The announcement of the end of the monthly money injections into Eurozone by Mario Draghi, the President of the European Central Bank was not received in the capital markets as a hawkish toughening of monetary policy, as it theoretically should have been. The reasons are many. On the contrary, the euro lost more ground with […]Minority governments ‘à la mode’ in Europe but can they last long?
January 4, 2018 by Leave a Comment
With the Italian elections set for 4 March and anticipated to produce a hang parliament, four out of the five bigger European countries will be in political limbo for a good part, if not for the entire new year 2018. France is the only exception in this Euro-plague of political uncertainty. In some cases the […]Fighting for minds of youth in Latvia
August 12, 2016 by 1 Comment
This article was written by one of our passionate readers, Mr Adomas Abromaitis. The opinions expressed within reflect only the write’s views and not The European Sting’s position on the issue. The most disappointing consequence of Brexit for foreigners living in the UK has become the unexpected rise of xenophobia. According to the behavior of locals, the […]
What changes in the EU as from today
January 2, 2014 by Leave a Comment
As from today, first working day of the New Year 2014 in the European Union, the Latvians start using the euro in their daily transactions, the Romanians and the Bulgarians can reside and work in every other EU member state without a special permit and the Greeks assume the Presidency of the EU, representing all […]Eurozone needs more than some decimals of growth
June 6, 2013 by Leave a Comment
Despite the ambivalent mood within and without Europe for the euro area’s economic prospects, some factual developments do not seem to be discouraging. For one thing the Commission gave yesterday the green light for Latvia to adopt the euro and join the Eurozone as from 1 January 2014. The solid decisiveness of this country during […]Eurozone examines the prospect of issuing debt paper jointly
March 7, 2013 by Leave a Comment
Yesterday, Eurostat, the EU statistical service, confirmed with its usual second estimate that Eurozone’s economy contracted by 0.6% during the last quarter of 2012. This is not at all a small figure. Given that the Gross Domestic Product in the 17 euro area of 17 countries is close to €10 trillion annually, a 0.6% loss […]
