AGP Executive Report
Last update: 3 hours agoBaltic Rail Revival: A new through train link is making it easier to travel between Vilnius, Riga and Tallinn by rail, with daily services and a single cross-border change at Valga, plus more hotel options now bookable across all three capitals. airBaltic Financing: The airline has secured up to €257 million in interim “super senior” bridge funding from bondholders and investors, with a key bondholders’ vote set for 11 September. Storm Aftermath: Latvia’s Fire and Rescue Service is still handling storm-damage calls after last weekend’s winds, with the highest caseload in Riga and surrounding areas. Nepal Floods: Three Latvian nationals are safe, while 33 remain missing after the Bhotekoshi mudslide; Nepal is receiving aid from dozens of countries and organisations, including Latvia. Regional Security: Latvia will host the Dual-Use Export Forum in Rēzekne, aiming to plug local firms into international defence supply chains. Weather Warnings: Heavy rain and thunderstorms are forecast, with possible flooding risk in Kurzeme and parts of Vidzeme. Local Watch: Police report another major cigarette smuggling bust in Riga, and Lake Saldus swimming is restricted again due to E. coli contamination.
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