Europe Latvia In 2021, the average number of passenger cars per inhabitant in the EU increased from 0,53 to 0,57, with the equivalent figure for Latvia (0,40) considerably below the EU average, but still at the highest level ever reached
Europe Latvia The winner of Latvia's 'Car of the Year 2025' competition is the new Škoda Kodiaq, chosen by a jury among seven finalists; a total of 32 car models participated in this year's competition
Europe Latvia Banks and their branches in Latvia will have to pay a solidarity contribution - 60% of excess profits - over the next three years after a new law on bank super-profits will be introduced next year
Europe Latvia The Latvian Ministry of Defence published what it called a 'White Paper' of its spending plans for 2025, calling next year's defence budget 'the largest in Latvia's history', reaching 3,45% of gross domestic product
Europe Latvia All passengers will be able to travel free of charge on public buses, trolley buses and trams in Riga today 18 November, Latvia's Independence Day