Latvian President Urges Support for Latgale Region

Latvian President Edgars Rinkēvičs has called on the Economy Ministry to find solutions to support the Latgale region, a historically less developed area in eastern Latvia. During a meeting with Economy Minister Viktorija Čmilytė-Nielsen, Rinkēvičs highlighted feedback from local entrepreneurs and residents regarding the need for assistance.

The president specifically proposed expanding the housing and business loan programs offered by the state-owned development finance institution "Altum." He also suggested easing the conditions for accessing certain European Union support programs, particularly for businesses in the tourism sector. Rinkēvičs acknowledged the existing efforts by "Altum" and the ministry in supporting businesses in the eastern border region.

The discussion also touched upon the progress of initiatives aimed at reducing food prices and explored potential future collaborations in the field of artificial intelligence. The meeting underscored the government's focus on addressing regional disparities and fostering economic development in Latgale.

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Latgale is beautiful and hospitable, Latgale is waiting to visit, right now, right here.