US regulators shut down Silicon Valley Bank
WORLD – USA On Friday, US regulators announced the closure of Silicon Valley Bank (SVB), one of the country’s largest financial institutions and a key lender to tech start-ups. The …
Finance
Financial reports
Lithuania has come up with an idea to tax the excess profits of banks and use the money for defence
LITHUANIA – LEGISLATION Lithuania’s Finance Ministry on Thursday proposed a temporary tax on bank profits to raise about 510 million euros ($538.7 million) over two years, Reuters reported. Bank profits …
Ministry of Finance updates macroeconomic forecasts
LATVIA – Finance As the schedule for the preparation of the state budget for 2023 has changed, the Ministry of Finance has updated the forecasts of macroeconomic indicators for the …
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Latvia will assess the regulation of public access to beneficial ownership of companies
LATVIA – Finance According to the Ministry of Finance, Latvian law states that data on the actual owners or beneficial owners of legal persons is not only important in the …
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Latvia will start the new year 2023 with a temporary budget
LATVIA – Budget Next year 2023 will also begin in Latvia with a technical or temporary budget, while proposals for policy changes and new measures will be made by the …
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Public funding for municipal investment projects 2022
LATVIA – INVESTMENTS (10/11/2022) The official website https://www.varam.gov.lv/lv/jaunums/valsts-finansejums-pasvaldibu-investiciju-projektiem-2022-gada/ of the Ministry of Environmental Protection and Regional Development provides information on the plans for financing investment projects in 2022. News of …
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An additional €52.5 million is reallocated to support the implementation of major investment projects
LATVIA – Business On approving amendments to Cabinet of Ministers Resolution No 503 of 6 July 2021 “Rules for granting loans with preferential capital for implementation of investment projects for …