Gederts Gelzis

Latvian PM nominee Bordans pledges to fight corruption

07 Nov 2018

RIGA Latvia's president nominated Janis Bordans of the New Conservative Party as prime minister on Wednesday and the lawyer immediately pledged to form a government that would fight corruption and seek to restore faith in the rule of law.

Dissatisfied Latvians turn to newcomers in parliamentary election

07 Oct 2018

RIGA Dissatisfied Latvians rejected the right-of-centre ruling coalition in Saturday's parliamentary election but suspicion of the left-leaning pro-Russia party makes it likely the next government will be another formation of ethnic Latvian parties to the right.

Newcomers winners in Latvian election, tough coalition talks ahead

07 Oct 2018

RIGA Latvia's ruling coalition lost its majority and two newly formed parties took more than a quarter of the votes amid widespread disillusion with the Baltic country's politicians, the result in Saturday's parliamentary elections showed with 80 percent of the votes counted.

Latvia election to test anti-Russian resolve

05 Oct 2018

RIGA Latvians are set to vote on Saturday in parliamentary elections in which the rise of an anti-establishment party will test Riga's long-standing role as one of West's bulwarks against Russia.

Cherish and defend hard-won freedom, pope tells Latvians

24 Sep 2018

RIGA, Latvia Pope Francis on Monday urged Latvians, who broke with the Soviet Union nearly 30 years ago, to cherish their hard-won freedom and to not forget the sacrifices of those who died for it.

Latvia must do more to tackle money-laundering - watchdog

23 Aug 2018

RIGA/LONDON, Aug 23 Latvia must do more to enforce its laws against financial crimes, a European monitoring body said on Thursday, in a report published in the wake of the collapse of the country's third largest bank in a money laundering scandal.

Significant short-term market impact to no-deal Brexit - Hunt

15 Aug 2018

RIGA The short-term market impact will be significant if Britain leaves the European Union without a deal, Foreign Secretary Jeremy Hunt said during a visit to Latvia on Wednesday.

Prosecutor says Latvia central bank chief took holiday and cash bribes

29 Jun 2018

RIGA/FRANKFURT Latvia's public prosecutor accused its central bank chief on Friday of accepting the offer of a 500,000-euro ($582,000) bribe, in a case that has rocked faith in the Baltic state and cast a cloud over the euro currency bloc.

Latvia charges central bank chief Rimsevics with accepting a bribe

28 Jun 2018

RIGA Latvia's central bank governor will face prosecution over alleged bribery after a four-month-long investigation that turned up the spotlight on the financial system of the euro zone member state.

ECB to end bond buying but pushes out first rate hike

15 Jun 2018

RIGA/FRANKFURT The European Central Bank will shut its hallmark bond purchase scheme by the close of the year, it said on Thursday, taking its biggest step yet toward dismantling crisis-era stimulus a decade after the start of the euro zone's economic downturn. | Video

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