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Magnetiq Bank strengthens management team with new Chairman and Member of the Board

With the approval of Latvijas Banka, Jakub Wieclaw, Chairman of the Board, and Deniss Filipovs, Member of the Board, will join the Management Board...

Minimum monthly wage in Latvia raised to EUR 740

Latvia is raising the minimum monthly wage from EUR 700 to EUR 740 as of January 1, 2025.The Ministry for Welfare says that the...

Latvia’s retirement age rises to 65

The general retirement age in Latvia has been raised to 65 years this year, while the minimum length of work required to receive a...

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