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๐Ÿ‡ฑ๐Ÿ‡ป Latvia /Economy & Trade

Latvia knows what the social economy is. So why do so few people take part?

From Delfi Latvia · () Latvian

Translated from Latvian and summarized by DistantNews. Read the original for the full story.

At a glance

In-depth Named sources Context piece
  • Latvia's social economy includes social enterprises, associations, foundations, cooperatives and other organizations focused on public benefit.
  • These organizations address needs such as employment for people with disabilities, care services, community development, education, inclusion and environmental protection.

Latvia knows what the social economy means, but relatively few people and organizations take part in it. The sector brings together organizations and businesses that put public benefit ahead of maximizing profits for owners.

That includes social enterprises, associations, foundations, cooperatives and other organizations working to address specific needs in peopleโ€™s lives and in local communities.

Their work can include helping people with disabilities find employment, providing care services, strengthening local communities, expanding educational opportunities, promoting inclusion and protecting the environment.

About this summary

Originally published by Delfi Latvia in Latvian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.