Latvia

A collection of 114 posts

The Latvian capital of Riga from St Peter's Church

Latvia unveils plan to close FDI gap with Estonia, Lithuania

2 min read Latvia, Estonia, Lithuania, Action Plan for Attracting Investment and Access to Finance, Latvian Economy Ministry, Viktors Valainis, Latvian Investment and Development Agency, Altum, Baltic Council of Ministers, Iveta Strupkaja, Foreign Investors’ Council in Latvia, bioeconomy, smart energy, ICT, mobility, Organisation for Economic Co-operation and Development, Eurostat

Latvia lags its Baltic peers on investment intensity and credit availability, according to the Organisation for Economic Co-operation and Development (OECD).

The European Commission building in Brussels

EC unveils EUR 2tn 2028-34 budget draft, tilting funding model towards CEE countries

4 min read European Commission, Multiannual Financial Framework, Russia, Belarus, Common Agricultural Policy, Poland, Romania, Estonia, Latvia, Lithuania, Greece, Malta, Kata Tutto, Jacques Delors Centre, European Parliament

The EC is expected to present the proposal formally as part of its mid-term budget review later this year. The plan must be approved unanimously by all 27 member states and endorsed by the European Parliament. Opposition is expected from net contributor countries and regions facing cuts.

The flags of Poland and the European Union waving in the wind

Poland leads EU funding recipients with EUR 123.3 bn in long‑term budget draft

2 min read Multiannual Financial Framework, European Commission, Poland, Romania, Hungary, Social Climate Fund, czechia, Italy, Spain, Germany, France, Portugal, Bulgaria, Croatia, Slovakia, Slovenia, Lithuania, Latvia, Estonia, Denmark, Finland, Sweden, Belgium, the Netherlands, Luxembourg, EU Council Presidency

The European Commission (EC) published long-term budget allocation plans on 17 July, showing Poland set to receive the highest national allocation under the 2028-34 Multiannual Financial Framework (MFF), totalling EUR 123.3bn.

CEE countries jointly oppose EU's 'flexible funding' plan

CEE countries jointly oppose EU's 'flexible funding' plan

1 min read Poland, Romania, Hungary, Bulgaria, Slovakia, Estonia, Latvia, Lithuania, EU, European Commission, Katarzyna Pelczynska-Nalecz, European Regional Development Fund, Cohesion Fund, Just Transition Fund, ESF Plus, European Council

The signatories, including Poland, Romania, Hungary, Bulgaria, Slovakia, Estonia, Latvia and Lithuania, said the policy’s “visibility and predictability” would be compromised if merged into a broader single investment fund.

NATO endorses 5% defence spending framework at The Hague summit

NATO endorses 5% defence spending framework at The Hague summit

4 min read NATO, The Hague Investment Plan, Rutte, Donald Trump, Petr Pavel, Enhanced Forward Presence, Baltic Air Policing, HIMARS, NASAMS, Romania, Estonia, Latvia, Lithuania, czechia, Slovakia, Fico, Volodymyr Zelenskyy, Atlantic Council, Centre for Strategic and International Studies, Chatham House

Under the Hague Investment Plan adopted on 25 June, NATO members committed to raise annual defence-related spending to 5% of GDP by 2035. The 5% comprises 3.5% on conventional military capability and 1.5% on infrastructure, cyber-defence and civil preparedness; including support for Ukraine. cet

CEE diversifies on gas, as Merz decries Nord Stream 2 'mistake'

CEE diversifies on gas, as Merz decries Nord Stream 2 'mistake'

4 min read Merz, Tusk, Paluckas, Dan, Nord Stream II, Zelenskyy, Baltic Pipe, Baltics, TurkStream, Gazprom, Putin, REPowerEU, Russia, Latvia, Lithuania, Estonia, Poland, Romania, Slovakia, Hungary, Serbia, Republika Srpska, Bosnia and Herzegovina, Federation of BiH

In late May, Merz said Nord Stream 2 must stay closed to “weaken Moscow's war machine” and also declared that his government would “do everything” to prevent the pipeline from going online.ce

Vilnius, Warsaw climb tech rankings, CEE gains visibility

Vilnius, Warsaw climb tech rankings, CEE gains visibility

2 min read Lithuania, Poland, Croatia, Dealroom, Paris, London, Tallinn, Estonia, European Innovation Council, Digital Europe, Slovakia, Romania, SEA, Zagreb, Baltics, Visegrad Four, Warsaw, Global Tech Ecosystem Index, Vilnius, Latvia, fintech

Central and Eastern Europe (CEE) gained new recognition in Dealroom’s 2025 Global Tech Ecosystem Index, with CEE capital cities Vilnius, Lithuania; Warsaw, Poland; and Zagreb, Croatia, named among the world’s top 100 emerging innovation hubs. The index, released on 21 May, ranked 288 cities worldwide. While Paris and

Romania powers up its largest EV hub to support EU Green Deal transport targets

Romania powers up its largest EV hub to support EU Green Deal transport targets

5 min read RRF, OMV, AFIR, TEN-T Corridor, European Commission, European Alternative Fuels, CEF, EEA, Austria, Bulgaria, Croatia, Czech Republic, DACH & Slovenia, Energy, ESG, Estonia, Greece, EU, Hungary, Latvia, Lithuania, News by country, Poland, Romania, Slovenia, Slovakia

In a new step in the cleaner transport transition, OMV Petrom has inaugurated Romania's largest electric vehicle (EV) hub with 34 charging points of up to 400kW on the A1 motorway near Miercurea Sibiului, central Romania. The site is located on the Rhine-Danube Corridor - one of Romania’