After an in-depth review of base expenditures of Latvia’s ministries, officials managed to «find» additional EUR 64 million. This will help expand the fiscal space of the next year’s budget, announced Finance Minister Dana Reizniece-Ozola on Tuesday, 31 May.
On Monday, 30 May, European Parliament’s Committee on Civil Liberties, Justice and Home Affairs supported the creation of a system to manage European Union’s border security. The new European Border and Coast Guard Agency will be its centre. This agency will include the duties currently performed by Frontex and EU Border Guard.
In order to secure rational use of public funding allocated to Ventspils University College, Ventspils University College rector Gita Revalde has turned to State Audit with a request to carry out an inspection at the education institution.
The first days of June will not differ much from the last days of May. Nevertheless, Latvia’s meteorological situation will change sharply once colder masses of air flow into the country from the north.
Chairman of the European Union Council Donald Tusk has on May 30 noted that politicians believing in total integration of the European Union have disregarded the scepticism of European people and suggested that an open discussion on the future of the bloc was needed.
In its current form, the EU-U.S. upcoming data protection deal would fail to ensure adequate protection of European data sent to the U.S. against surveillance measures, European Data Protection Supervisor evaluates.
More than EUR 1.5 million – this is the amount that was paid to the management of the Bank of Latvia in wages last year. In addition, it is only the visible portion of the bank’s expenditures: this impressive amount does not include service cars often used for personal needs, life and health insurance, paid education, vacation and other benefits, as reported by Diena.
The resignation submitted by Director General of the State Revenue Service Inara Petersone on Monday, 30 May, came as a complete surprise, considering her honest work so far, said Finance Minister Dana Reizniece-Ozola, adding that a replacement for her has yet to be found.
From 30 May to 9 June, Saber Knight brigade-level command military exercises organized by Danish division will be taking place in Tapa, Estonia. More than 120 soldiers from Latvia’s Infantry Brigade and other armed forces units will be taking part in those exercises.
Lithuania has expressed readiness to import natural gas and crude oil from Iran, Iranian press reports.
In Q1 2016, average monthly gross wages and salaries in the country constituted EUR 827. As compared to Q1 2015, average wages and salaries grew by 5.3 %, moreover growth rate was lower than a year ago.
In cooperation with Chinese investors, Latvian Aerodium opens the world’s first flying amphitheatre. The Flying Dream wind tunnel is located in a unique place – in the middle of the Song Mountain not far from the Shaolin Monastery in China.
International credit rating agency Standard & Poor’s affirms Latvia’s rating at A- level with a stable future outlook, reports the State Treasury.