Cēsis beer is not yet allowed to take over Valmiermuiža beer – the opinion of the sector is being asked

The Competition Council, after a month-long investigation, has decided not yet to allow Cēsu alus to take over Valmiermuiža alus. To make a decision, the Council still needs the views of HoReCa sector representatives. The Competition Council invites HoReCa sector participants and other interested parties to express their opinion on the impact of the merger on competition. Market participants or other interested parties who wish to provide their opinion on the impact of the planned merger on […]

In the border area, there is concern about the purchase prices of properties needed for arranging the border: Thousands of hectares will have to be bought back

The proposal by President Edgars Rinkēvičs to expand the Eastern border strip by 30 meters means adapting at least 1,344 hectares for this purpose – buying back private property, cutting down forests, ploughing the soil. To make the border area safer, it will also be necessary to buy other properties from their owners. Due to a lack of information in the border region, this has already caused concern among residents, who are hoping for fair compensation, yet there is no information about it. […]

Experts note the Ministry of Finance’s inability to think long-term: several goals have already been met or cannot be achieved within the specified timeframe

The Ministry of Finance has submitted the FinTech development strategy for public consultation, which is in fact already outdated and does not correspond to the situation in real life, Inc.Baltics has found. The entire sector supports the development of the FinTech strategy as a document to adhere to and use for setting goals. Experts from the Riga Business School think tank “Baltic Finance Center” of Riga Technical University even took the initiative last year and, using the European Commission’s Recovery and Resilience Facility […]

Maintaining the capital’s city council is becoming more expensive for Riga residents

Despite residents’ dissatisfaction (possibly artificially created) with the expansion of bureaucracy in the Riga City Council, the capital’s municipality, in the name of coalition stability, decided today that the Mayor of Riga will once again have three deputies or vice-mayors. The third vice-mayor’s position will cost tax-paying Riga residents 167.22 thousand euros per year. Before the Council meeting, the municipality addressed the city’s residents about the restoration of the third vice-mayor’s position and invited them to […]