Juris Bunkis, Honorary Consul for the Republic of Latvia in California

Juris Bunkis, Honorary Consul for the Republic of Latvia in California Fanpage of Juris Bunkis, Honorary Consul, Republic of Latvia in Southern California

Official fanpage of Juris Bunkis, Honorary Consul General, Republic of Latvia in California.

From Baltic American Chamber of Commerce newsletter: Can the Baltics become Europe's engine of innovation?bne IntelliNew...
06/17/2026

From Baltic American Chamber of Commerce newsletter:


Can the Baltics become Europe's engine of innovation?

bne IntelliNews | Jun 12, 2026

Europe has a problem. It’s falling behind both the US and China in innovation. If a European start-up gets off the ground they regularly decamp for the US where the market is bigger and more liquid. And the lack of VC funds coupled with thick red tape, make establishing a start-up more difficult than it should be. But there is an exception. The tech-savvy Baltic States have been churning out start-ups that have scaled and quickly become world leaders.

Europe has a problem. It’s falling behind both the US and China in innovation. If a European start-up gets off the ground they regularly decamp for ...

June 14 is one of the darkest and most solemn dates in Latvian history. It marks the beginning of the first mass deporta...
06/14/2026

June 14 is one of the darkest and most solemn dates in Latvian history. It marks the beginning of the first mass deportation of Latvian citizens by the Soviet regime in 1941, an event that profoundly shaped Latvia's national memory and its relationship with freedom and independence.
On the night of June 13–14, 1941, less than a year after Latvia had been occupied and illegally annexed by the Soviet Union, Soviet security forces carried out a carefully planned operation throughout the country. More than 15,000 Latvians—men, women, children, and the elderly—were arrested in their homes, often with only minutes to gather a few belongings before being taken away. Families were frequently separated at railway stations. Men were sent to prisons and labor camps in Siberia and other remote regions of the Soviet Union, while women, children, and the elderly were deported to isolated settlements thousands of miles from their homeland.
The deportations targeted many segments of Latvian society: government officials, military officers, police officers, teachers, business owners, farmers, intellectuals, community leaders, and their families. Many of those deported had committed no crime; they were viewed simply as potential obstacles to Soviet control.
The suffering did not end with the train journey east. Conditions in the cattle cars used for transportation were brutal. Food and water were scarce, sanitation was minimal, and disease spread rapidly. Once in Siberia or Central Asia, deportees faced harsh climates, forced labor, hunger, and inadequate shelter. Thousands died during transportation or within the first years of exile. Many of the men sent to labor camps never returned.
Only a week after the deportations, N**i Germany invaded the Soviet Union, beginning another tragic chapter in Latvian history. Latvia became occupied by N**i Germany from 1941 to 1944, and the country suffered devastating losses during the Holocaust and the war. When Soviet forces returned in 1944–45, Latvia was again brought under Soviet rule.
What followed was nearly half a century of Soviet occupation. Political freedom disappeared. Private property was nationalized. Agriculture was collectivized. Expressions of Latvian nationalism were suppressed. Thousands more Latvians were arrested, imprisoned, or deported. A second massive deportation occurred on March 25, 1949, when more than 42,000 people were sent to Siberia during the collectivization campaign.
For the next fifty years, Latvians lived under a system that restricted free speech, free elections, religious expression, and independent civic life. Yet despite these pressures, the Latvian language, culture, and national identity survived. Families quietly preserved memories of those who had been deported, even when speaking openly about these events could bring punishment.
The Soviet Union's control over Latvia finally ended in 1991. During the peaceful "Singing Revolution," Latvians joined with their Baltic neighbors to demand freedom, culminating in the restoration of Latvia's independence on August 21, 1991.
Today, June 14 is observed in Latvia as the Day of Remembrance for Victims of Communist Terror. Ceremonies are held throughout the country, names of deportees are read aloud, flowers are laid at memorials, and the nation remembers those whose lives were forever altered by the events that began on that June night in 1941.
For Latvians, June 14 is not merely a historical date. It is a reminder of the fragility of freedom, the resilience of a nation, and the importance of preserving historical truth for future generations.
This is a lithograph by Latvian Artist, Aleksandrs Karpovs, used by permission by his son, Konstantin Karpov, from his book: Aleksandrs Karpovs --- Latvian Artist and Warrior

Latvian Treasury Biweekly ReportBi-Weekly update: May 25 – June 7by the Treasury of the Republic of Latvia           FIN...
06/08/2026

Latvian Treasury Biweekly Report

Bi-Weekly update: May 25 – June 7
by the Treasury of the Republic of Latvia

FINANCING AND DEBT

• On Wednesday, June 3, 2026, the Treasury, on behalf of the Republic of Latvia, priced 7-year Sustainability Bond raising 1 billion euro, with a reoffer yield of 3,525% and a coupon of 3,500%. (June 4, Treasury)

MACROECONOMICS

• According to the Central Statistical Bureau (CSB), GDP in Latvia increased by 2.5% in Q1 2026 (at constant prices, seasonally and calendar non-adjusted data). Quarter on quarter, GDP grew by 0.6 % (at constant prices, seasonally and calendar adjusted data). Among economic activities, the strongest upward contribution came from electricity, gas, steam and air conditioning supply. Revenue from taxes on products also supported GDP growth. (May 29, CSB)

• CSB provisional data show that in Q1 2026 average monthly gross wages and salaries stood at 1831 euro (in full-time units), representing a rise of 73 euro or 4.2% compared with Q1 2025. Average hourly earnings increased to 11.87 euro or by 2.3 %. (June 1, CSB)

• According to the latest European Bank for Reconstruction and Development (EBRD) forecasts, Latvia's GDP will grow by 2% this year, compared to 2.2% in the EBRD's February outlook, while GDP growth projection for next year has also been cut by 0.2 percentage points to 2.3%. (June 1, EBRD)

• The Organization for Economic Cooperation and Development (OECD) on it`s latest OECD Economic Outlook said that it expected Latvia to record the second fastest economic growth among the Baltic countries this year. Latvia`s real GDP is projected to grow by 1.9% in 2026 and 2.2% in 2027. As OECD points out – rising inflation will reduce real wage growth, mitigating the recovery in private consumption. Defence-related purchases and rising public wages will continue to support public consumption, while rising public investment will crowd in business investment. Exports will recover gradually as global demand strengthens. Inflation will remain high due to rising energy prices and strong wage growth. Delays in the absorption of EU funds could dampen the recovery in domestic demand. (June 1, OECD)

POLITICS

• On Thursday, 28 May, the Saeima (parliament) gave a vote of confidence to the Cabinet of Ministers formed by Andris Kulbergs (“Apvienotais saraksts”) during the extraordinary sitting. (May 28, Saeima)

Lai šī tīmekļvietne darbotos, tā izmanto obligāti nepieciešamās sīkdatnes. Ar Jūsu piekrišanu papildus šajā vietnē var tikt izmantotas statistikas un mārketinga sīkdatnes. Ja piekrītat šo papildu sīkdatņu izmantošanai, lūdzu atzīmējiet savu izvēli:

The EBRD meeting underscores the growing role of Latvia and the Baltic regionLIAA | Jun 5, 2026The 35th Annual Meeting o...
06/07/2026

The EBRD meeting underscores the growing role of Latvia and the Baltic region

LIAA | Jun 5, 2026

The 35th Annual Meeting of Governors and Business Forum, taking place in Riga from June 5 to 7, underscores the growing international interest in the Baltic region as an attractive destination for investment, innovation, and international cooperation

The 35th Annual Meeting of Governors and Business Forum, taking place in Riga from June 5 to 7, underscores the growing international interest in the Baltic…

Update on drone entering Baltic airspace
06/02/2026

Update on drone entering Baltic airspace

The countries along NATO’s eastern flank have long been on the frontline against Russian aggression. But now they are in the firing line between Ukraine’s long-range drones and targets in northwest Russia. Nick Schifrin spoke with Latvia’s foreign minister and reports on NATO’s efforts to de...

05/28/2026

Polling Stations for Oct 3 Election Confirmed:

15th Saeima Election Polling Stations in the United States Confirmed
The Central Election Commission of Latvia has officially confirmed the polling stations for the 15th Saeima elections in the United States, giving Latvian citizens broad opportunities to participate in the parliamentary elections on October 3, 2026.
The opportunity to vote in person at diaspora polling stations is a privilege and a strong testament to the activity and civic engagement of our community. Every polling station established is the result of the dedication, initiative, and hard work of Latvian communities across the United States. We encourage everyone to take advantage of this opportunity and help shape Latvia’s future.
In-person voting will be available at:
• Embassy of Latvia in Washington, DC
• Permanent Mission of Latvia to the United Nations in New York, New York
• Boston, Massachusetts
• Philadelphia, Pennsylvania
• Indianapolis, Indiana
• Kalamazoo, Michigan
• Denver, Colorado
• San Francisco, California
• Los Angeles, California
• Minneapolis/St. Paul, Minnesota
• Seattle, Washington
• Chicago, Illinois
We are especially pleased to announce four newly established polling stations this year:
• San Diego, California
• Atlanta, Georgia
• Houston, Texas
• Phoenix/Mesa, Arizona
We encourage all eligible voters to verify now that they have a valid Latvian passport or other acceptable identification document required for voting. Having your documents in order ahead of time will help ensure a smooth voting experience on election day.
In the coming months, we will also begin sharing informational materials about political parties, their platforms, and the voting process to help diaspora voters prepare for the 15th Saeima elections.
Latvia is stronger when all of us participate - including those of us living beyond its borders.

Film shot in Latvia won the Grand Prix at the Cannes Film Festival
05/26/2026

Film shot in Latvia won the Grand Prix at the Cannes Film Festival

This is the first feature film by Zvyagintsev in almost ten years. The plot is based on Claude Chabrol's film "The Unfaithful Wife" (1968). It tells the story of a businessman who, in 2022, faces the necessity of providing the military enlistment

05/26/2026

Bi-Weekly update: April 27 – May 25
by the Treasury of the Republic of Latvia

FINANCING AND DEBT

• On May 7, domestic GMTN Notes due on January 24, 2032 were offered in a competitive multi-price auction via Primary dealers. Notes were sold in nominal value of EUR 50 million and the total demand reached EUR 136.6 million. The weighted average yield rate was 3.249%. (May 7, Treasury)

MACROECONOMICS

• Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to March 2025, in March 2026 total retail trade turnover increased by 3.9 %. (May 7, Treasury)
• Latvia receives fourth Recovery and Resilience Facility payment of €371.2 million. The payment was made after the European Commission (EC) assessed and approved the successful implementation of the 41 reform and investment indicators set out in Latvia’s RRF plan, for which Latvia’s payment request and supporting documents were submitted to the EC at the end of 2025. (May 8, M*F)
• Results from the Labour Force Survey (LFS) conducted by the Central Statistical Bureau (CSB) show that in Latvia 871.2 thousand people, or 63.8 % of the population aged 15–74, were employed in Q1 2026. (May 22,CSB)
• The data of the Central Statistical Bureau (CSB) show that in April 2026, compared to March 2026, the average level of consumer prices increased by 0.6 %. The rise in prices of clothing and footwear, as well as in transport group, mainly of fuels for transport, contributed the most to the price change. (May 12,CSB)

POLITICS
• Prime Minister Evika Siliņa announced her resignation on May 14, and informed President Edgars Rinkēvičs and Speaker of the Saeima Daiga Mieriņa about it. (May 14, CoM only in Latvian)
• On May 16, President Edgars Rinkēvičs met with representatives of all Saeima factions – “Progressives,” “Latvia First,” “National Alliance,” “United List,” “New Unity,” and “Union of Greens and Farmers” – and, invited Andris Kulbergs (“United List”) to form new Cabinet of Ministers. (May 16, President of Latvia)

In Latvia today, “Vasarsvētki” refers to the Christian holiday of Pentecost or Whitsunday — the celebration of the desce...
05/24/2026

In Latvia today, “Vasarsvētki” refers to the Christian holiday of Pentecost or Whitsunday — the celebration of the descent of the Holy Spirit upon the Apostles, occurring 50 days after Easter.

However, in Latvian culture it has evolved into something broader and more characteristically Latvian than simply a church observance.

Traditionally, Vasarsvētki signifies:

the arrival of true summer,
renewal and light,
greenery and fertility,
and the transition from spring into the warm season.

Historically and culturally, Latvians blended Christian observances with older pre-Christian seasonal traditions, so Vasarsvētki has both:

a religious dimension,
and a folk/nature-centered atmosphere.

Common traditions included:

decorating homes and churches with birch branches and greenery,
spending time outdoors,
church services,
family gatherings,
and folk beliefs tied to health, fertility, and prosperity.

Today, though, Vasarsvētki is generally considered:

quieter,
less nationally dominant,
and less exuberant than Latvia’s great midsummer celebration, Jāņi/Līgo in June.

For many Latvians now:

religious families may attend church,
others simply enjoy a spring/summer holiday weekend,
and the day carries a gentle “green holiday” feeling associated with nature and the countryside.

By contrast, the truly major Latvian seasonal celebration is:

Jāņi / Līgo Svētki (June 23–24),
the ancient summer solstice festival with bonfires, wreaths, songs, beer, Jāņu cheese, and staying awake until sunrise.

So, in modern Latvian consciousness:

Vasarsvētki = Pentecost, greenery, beginning of summer, quieter family/church holiday.
Jāņi / Līgo = Latvia’s great national midsummer festival and one of the central expressions of Latvian folk identity.

1167 atzīmes Patīk, 132 komentāri. “ /vasaras svētki/apsveikumi/”

Latvian films, talent and locations are on full display at Cannes this year. Directed by Viesturs Kairišs, the coming-of...
05/18/2026

Latvian films, talent and locations are on full display at Cannes this year. Directed by Viesturs Kairišs, the coming-of-age basketball drama Ulya is screening in Un Certain Regard, supported by the National Film Centre of Latvia (NFC) as a Latvian majority co-¬production led by Guntis Trekteris from Ego Media. The co-producers are Ieva Norviliene from Lithuania’s Tremora, Pille Rünk for Estonia’s All Film and Malgorzata Staron for Poland’s Staron-Film.

Latvian films, talent and locations are on full display at Cannes this year, with coming-of-age basketball drama 'Ulya' screening in Un Certain Regard.

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