Impact of the Covid-19 pandemic on the business environment in Latvia

Task of the science is to serve
people.

– Tolstoy –

Science is the captain, and
practice the soldiers.

– Leonardo da Vinci –

Frontiers of science are like the
horizon: the more we approach
it, the more it moves away.

– Boiste –

The fantasy is more important
than knowing.

– Albert Einstein –

Science – it means organized
knowledge.

– Spencer –

Freedom for the science the
same as the air for a living soul.

– Poincaré –

Research area of all sciences is
endless.

– Pascal –

System of science must be
looked at as the system of
nature: all in it is endless and
necessary.

– Cuvier –

Scientific plan without working
hypothesis is a skeleton without
living body.

– Hirschfeld-

The main research subject of
mankind is the human.

– Goethe –

All is important in science.

– Heine –

Books must be results of
sciences, but sciences not results
of books.

– Bacon –

Scientist is not the one, who
gives the right answers, but the
one, who asks the right
questions.

– Claude Lévi-Strauss –

The more we will seek for the
truth outside us, the more we
will move away of it. The more
we will be able to understand
who we are, the more the truth
will assert us in ourselves.

– Antonio Meneghetti –

Before being dictated the nature
needs to be obeyed.

– Bacon –

A true scientist is not one who
has more acquired, but one who
has more understood.

– Leibniz –

Science – to know how the
being acts. To know the action
of the being.

– Antonio Meneghetti –

Science is benefactor of
mankind.

– Berthelot –

Sākums » News » Impact of the Covid-19 pandemic on the business environment in Latvia

Impact of the Covid-19 pandemic on the business environment in Latvia

March 2021 | Briefings, Economy, News

In 2020 and 2021, in addition to the usual obstacles to business development, entrepreneurs have faced a huge challenge – the Covid-19 pandemic, which has introduced significant changes in the usual business environment. Unfortunately, various restrictions that hinder the development of the business or even stop it completely influenced the intention to start up or to maintain existing business.

According to the latest data, the number of enterprises registered in Latvia in 2020 reduced significantly, but the number of liquidated companies did not increase, on the contrary, it considerably dropped. The reasons for these not obvious changes and other economic indicators of Latvian business environment are described in this briefing.

Full publication can be found here.

*This article has been made in cooperation with China-CEE institute and is the intellectual property of China-CEE institute