1 October 2023 marks 25 years since the establishment of an important stronghold of financial stability – the Deposit Guarantee Fund (DGF) – in Latvia. Since that time, it...
Latvijas Banka has published its latest September 2023 macroeconomic forecasts. Growth of Latvia's gross domestic product (GDP) is expected to be lower this year compared with the June forecast...
The most recent (autumn 2023) "Payment Radar" of Latvijas Banka suggests that the ratio of non-cash to cash payments in Latvia was 73% to 27% in August 2023. The "Payment Radar" contains the...
The survey conducted by SIA Latvijas Fakti in August 2023 suggests that public support for the idea of withdrawing 1 and 2 cent coins from circulation has grown. Almost half –...
By Luke Heighton The European Central Bank needs to tame inflation in one attempt, without pausing too early then having to hike more later, Bank of Latvia governor Martins Kazaks told MNI, adding...
The European Central Bank can still raise borrowing costs if needed, ECB policymaker Martins Kazaks said on Friday, pushing back against some market bets that euro zone interest rates will start...
