Highlights

• Securities totalling 200.7 million euro were purchased under the PSPP in June

  12.07.2017

  In June 2017, implementing the public sector purchase programme (PSPP), Latvijas Banka purchased securities issued by the Latvian government and international organisations located in the euro area amounting to 200.7 million euro. Overall, Latvijas Banka has purchased securities totaling 5 666.0 million euro under the PSPP, including securities in the amount of 1 808.4 million euro in 2015 and 2 548.9 million euro in 2016.
• Press conference of the Governor of Latvijas Banka

  12.06.2017

  Both euro area and Latvian economy is picking up, which allows us to raise growth projections. At the same time, we should not forget about reforms, including the kind of tax reform that would raise Latvia’s competitiveness and bring additional money to the budget. This money could then be used for social purposes, for instance, measures for bridging the inequality gap. As far as financing for healthcare is concerned, raising taxes would be a threat to Latvia’s competitiveness and therefore the introduction of mandatory health insurance should be considered. 
• "Fairy Tale Coin II. Hedgehog's Coat" voted in as Latvia's Coin of the Year 2016

  25.05.2017

  The winner of Latvia's Coin of the Year 2016 Award has been selected by the traditional annual public survey vote, and this year the award goes to "Fairy Tale Coin II. Hedgehog's Coat". All in all, 16 581 people participated in voting and 7 601 of them cast their vote for "Fairy Tale Coin II. Hedgehog's Coat".
• The work by Lithuanian artist Justas Petrulis will turn into the common Baltic coin dedicated to the 100th anniversary of the Baltic States

  11.04.2017

  The work by Lithuanian designer Justas Petrulis, i.e. a symbolic plait in which the fates of the three Baltic sisters intertwine, will turn into the common Baltic 2 euro commemorative coin dedicated to the 100th anniversary of the Baltic States. This design received the most votes in the public survey in which six coin designs were offered for a vote (per two from Latvia, Lithuania and Estonia).