On October 23 the Latvian parliament (Saeima) approved a series of amendments to their labor law. Even if some important topics still require discussion such as overtime pay and union authorization over dismissals, the amendments aim to further anchor Latvia to the European Union and to show Latvia as a leader at a time when it is due to take on the presidency of the Council of the European Union in January 2015.
The amendments being adopted. After changing the law over unions in March 2014 (c.f. article No. 8571), Latvia has continued in this vein with a series of amendments aimed at both relieving the burden of companies’ administrative charges and aligning Latvian law to European law. With the new regulations that will come into force in January 2015, Latvia is looking to reassure companies that it is an attractive country to set up in and that it is indeed anchored to the European Union in spite of its proximity to Russia.
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