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.

Hundreds of Swedish troops arrived in Latvia on Saturday to join a Canadian-led multinational brigade along NATO's eastern flank, a mission Sweden is calling its most significant operation so far as a member of the Western defense alliance.

Hundreds of Swedish troops arrived in Latvia on Saturday to join a Canadian-led multinational brigade along NATO's eastern flank.View on euronews

"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.

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.

Zilbalodis directed the film and co-wrote the screenplay with Matiss Kaza. Flow debuted in the Un Certain Regard sidebar at the 2024 Cannes Film Festival, where it was only the second Latvian film to screen in any of the Cannes competitions.

Authorities suspect that the cable linking Latvia and Sweden was damaged by an anchor being dragged across the seabed. Read more at straitstimes.com.

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.