Latvia is one of the main economic partners of Belarus, even more important than, for example, China or Germany, asserted the representative of the Embassy of Belarus in Latvia Igors Nazaruks.
The owner of Lido Gunars Kirsons has paid wages to several employees in the form of issued loans.
Further on the Bank's of Latvia maintained Credit Register will be available to all consumer credit providers, thus making the selection of borrowers more thoughtful.
In order to avoid Latvia’s economic stagnation, after the elections the set economic course must remain the same, considers the Latvian and foreign experts.
The budget deficit still remains high in Latvia. We spend two million lats more than we earn every day, said the Prime Minister Valdis Dombrovskis.
The European Parliament approved the new Bill on the security of gas supply, which included an offer to unite those countries that practically have been isolated from the gas network of other Member States of the European Union.
Supporting and encouraging small and medium-sized enterprises could be the solution of reducing unemployment and creating new long-term job positions, this opinion was maintained in the discussion Mazie uzņēmumi vs. lielās eksportspējīgās kompānijas – plusi un mīnusi ekonomikai.
The Prime Minister Valdis Dombrovskis has turned to the Prosecutor General Office asking for their judgement on whether the Shareholders Cooperation Agreement, which was concluded by the former Minister of Transport Ainars Slesers (Ainārs Šlesers) on March 4, 2009, between the Latvian State and SIA Baltic Aviation Systems, is in compliance with the state interests.
Several organizations have signed memorandum of cooperation proposed by Latvian Students Association (LSA), which provides joint work on higher education funding model development and common effort against any reduction of funds in the education sector.
The increasing state debt and budget deficit, the paralyzed and collapsing political system, as well as the passivity of investors, reminds of the processes that happened in Latin America, in 1980’s. If the US does not take an action, the Latin America’s fate might befall on it, believes the Chief Executive of the investment company PIMCO Mohamed El-Erian.
With compliance of the shareholders agreement Bertolt Flick can only be dismissed or elected by the company Baltijas aviācijas sistēmas that he himself owns, which means that the state's control in this matter is limited.
Neither State Land Service nor the Ministry of Justice (MJ) have succeeded in explaining comprehensibly and clearly real estate valuation system to the tax payers, who are left ignorant about how the state has calculated the value of their property, considers the state Secretary of the MJ Martins Lazdovskis (Mārtiņš Lazdovskis).
The political impact on the macroeconomic processes is overrated, noted Zigurds Vaikulis, the Head of Parex Asset Management Market Analysis Department in an interview for LTV1 broadcast Labrīt, Latvija!.
The majority of investors and analysts are sure that the financial crisis is over and the global economy has stabilized.
During the first eight months of 2010, seven Latvian banks and two foreign bank branches operated with profit, in total earning 7.1 million lats; however, at the end of August, the total volume of loss in the banking sector amounted to 299.2 million lats.
The German Chancellor Angela Merkel’s implemented national budget reduction program foresees additional money for advertising spending.