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Ministry of Economics

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Situations

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Baltic fuel price and taxation discussions

6 clusters · 14 sources · last updated

Latest: Latvia to reduce diesel and gasoline excise taxes

In Estonia, political figures and industry representatives have called for reductions in fuel excise duties and Value Added Tax (VAT) to mitigate the economic impact of rising fuel prices. Mihhail Kõlvart suggested that

[QUIET] [BUSINESS] [LV]

Latvian heating infrastructure and subsidy proposals

7 clusters · 11 sources · last updated

Latest: Latvia anticipates 10-15% increase in heating costs

Latvian economic officials have proposed several measures to stabilize heating costs and improve energy security. Economy Minister Viktors Valainis initially urged the state to acquire shares of the Riga-based heating co

[QUIET] [BUSINESS] [LT] [LV]

EU consumer credit regulation in Baltic states

2 clusters · 4 sources · last updated

Latest: Latvia to regulate installment and deferred payment services

In response to EU Directive 2023/2225, Lithuania and Latvia are implementing new regulations for installment and deferred payment services, effective November 20. In Lithuania, new provisions will change how smartphones