Lufthansa said on Wednesday it had agreed to receive a stake of 10% in Latvian airline airBaltic, as the German airline seeks to strengthen its international network. The stake will be issued in the form of convertible shares currently at a subscription price of 14 million euros,

Deutsche Lufthansa AG will buy a 10% stake in Latvian flag carrier AirBaltic AS as the German carrier group continues its consolidation push in Europe.

Latvia, a small Baltic country, is rapidly emerging as a potential fintech hub in the EU. The country is taking real strides to attract innovative financial companies, and it's worth exploring what sets Latvia apart.

Lufthansa has agreed to acquire a 10% stake in IPO-bound Latvian airline airBaltic, the German airline said on Wednesday, its latest move to expand its European presence and gain access to more planes to relieve its supply constraints.

Latvia's retail sales expanded at a stable pace in the final month of 2024, figures from the Central Statistical Bureau showed on

"The calculations have shown a possible drop in prices for patients in total for both prescription and over-the-counter medicines by up to 20%,” Abu Meri told Euractiv.

Copyright 2025 The Associated Press. All Rights Reserved. Swedish soldiers disembarked in the port of Riga, Latvia, Saturday, Jan. 18, 2025, to join a Canadian-led ...

A subsea data cable between Latvia and Sweden was damaged early Sunday, sparking a criminal investigation, a third such incident in the Baltic Sea in the past three months.

As tensions rise, NATO has launched Baltic Sentry 2025 to enhance security and resilience. European Commission President Ursula von der Leyen has emphasized the need for greater coordination in protecting critical infrastructure from sabotage.

The 'My Love Affair with Marraige' director's next project tells the story of a tight-knit family striving to survive in Soviet-occupied Latvia.

Multiple undersea cables and pipelines in the Baltic Sea have been damaged in recent months, raising suspicions of sabotage.