🇱🇻 Latvia — Investment Hypothesis

Reports of conflict in Latvia [6 sources]

Reports of conflict in Nereta [10 sources]

Food prices expected to rise further in Latvia For now, shoppers are not yet feeling the impact of rising energy prices caused by the war in the Middle East on food prices, but that might happen in autumn, Latvian Radio reported on 6th May.

The first spring mushrooms have appeared in the forests, and the Toxicology and Sepsis Centre at Riga East University Hospital (RAKUS) has already admitted a mushroom picker who suffered severe poisoning after eating Gyromitra esculenta. Many people consider them harmless if prepared correctly. However, doctors and mycologists warn that these spring mushrooms are dangerous and should not be consumed, Latvian Television reports.

Last winter was very favourable for pests, and tick season has already begun in Latvia. At Jēkabpils Regional Hospital alone, 12 ticks have already been removed this year. Since the incidence of tick-borne diseases has been rising in recent years, experts are urging people to take extra precautions this year, reminding them that vaccination is the safest form of protection, Vidusdaugava Television reported on 29th April.

Sports in Latvia: how accessible are sports facilities? In Latvia, popular participation in sport is often cited as the foundation of public health, but when you look at the data, the picture is not so clear. For more than a decade, the development of public sport has been one of the main goals in state planning documents, including the Latvian Sports Policy Guidelines, which emphasize the importance of physical activity in public health.

It is becoming increasingly difficult for Latvian dual citizens to renounce their citizenship of aggressor states – many young people who wish to renounce their citizenship of an aggressor state in order to avoid losing their Latvian citizenship are facing complications. Those involved report that embassies often delay the process, Latvian Radio and Latvian Television reported on 29th April.

Since March of this year, when fuel prices rose sharply, more than 700,000 euros in additional funds have been needed each month to cover losses resulting from the rise in fuel prices. Due to the tense situation, there is a growing risk that companies may stop providing bus services, Ivo Ošenieks, head of the Latvian Passenger Transport Association, said in an interview on the Latvian Television programme "Morning Panorama."

Local tomatoes hard to get into shoppers' baskets in Latvia Last year, the value of tomatoes imported into Latvia reached a record high at more than 48 million euros. Local growers said that imports have a significant impact on the market and prices, Latvian Radio reports in 6th May.

A new subsidy program for the purchase of electric cars has been approved in Latvia and will soon be launched, but there are a few changes in comparison to the previous programme, LSM's Māris Bergs reports on 30th April.

Bear in mind: ursines are in Latvia to stay A mother bear with two cubs has been spotted in Sigulda municipality. In recent years, residents have been reporting bear sightings with increasing frequency, Latvian Television reported on 5th May.

Bakers in Latvia are facing changes -- consumption is declining, and people’s preferences regarding the type of bread they eat are also shifting. Local companies note that the market is being affected by both demographic trends and rising costs, Latvian Television reports on April 28th.

Farmers not too optimistic about new season in Latvia Farmers across Latvia have begun the new season, but rising costs of mineral fertilisers and the overall economic situation in the sector do not inspire optimism, Latvian Radio reports on 5th May.

Latvia lags its Baltic neighbours in number of multinationals In 2024, 149 678 multinational enterprise (MNE) groups were operating in the EU and the European Free Trade Association (EFTA) countries, according to fresh figures from European statistics agency Eurostat published on May 6th.

New biomethane infrastructure to be built in Latvia In order to promote Latvia's energy self-sufficiency and the development of the biomethane market, on Tuesday, May 5th, the Cabinet of Ministers approved proposals by the Ministry of Climate and Energy (KEM) for the construction of two new biomethane entry points at Ragana and Rēzekne at a cost of nearly 5 million euros.