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Monday 18.06.2018 | Name days: Madis, Alberts

Rosņeft plans to profit from the existing debts

Although during the quarter of the year the amount of financial investments in Rosņeft has not changed, company’s total debt has increased by 53 billion rubles, or 7, 7% reaching 757, 7 billion rubles.

Men cheat on financially successful women more

According to a recent research, men tend to cheat more on women who earn more than they, rather than on the women whose level of income is lower or in the same amount as theirs.

The proceedings between airBaltic and airport Riga have been finished

The national airline A/S Air Baltic Corporation and the A/S Riga International Airport have signed a memorandum of agreement on the withdrawal of the proceedings and further cooperation, representatives of both parties informed the business portal

Latvians prefer watching TV in their free time

The majority of all of the groups of the correspondents choose to watch TV in their free time apart from working. This trend is especially popular with the people who have primary and seconadry education - correspondingly 75% and 76%. 69% of the correspondents with the higher education watch TV in their free time.

Competition announced for the posts of Chairman and members of the Board of A/S Latvenergo

According to an advertisement published in Dienas Bizness, A/S Latvenergo announces a competition for the posts of the Chairman and the members of the Board.

Reducing VAT for food by 10 % would lessen tax burden on low - income groups

After analysing the ways of reducing the tax burden on low-income population and making Latvia's taxation policy more progressive, one of the possible solutions proposed was to reduce the rate of value added tax (VAT) by 10% on food, as mentioned in Riga School of Economics (RSE) and Baltic International Centre for Economic Policy Studies (BICEPS) research on the tax policy in Latvia.

Bicevskis: balance between expenditures and revenues is planned for the next year

The State Secretary of the Ministry of Finance (FM) Martins Bicevskis in the morning news broadcast 900 seconds informed that for the budget plan of the next year, it is planned to reduce the disparity between the government expeditures and revenues.

NO to multi-storey parking lot for the new Latvia's National Library building

After the inspection carried out by the State Audit Office (SAO), the Ministry of Culture (MC) decided to reject the construction of the multi-storey parking lot and electric substation, which were intended to be built near the emerging structure of the National Library of Latvia (NLL), as reports the newspaper Neatkarīgā.

Latvia faces the second highest deflation in the EU in July

According to the data of the Statistical Office of the European Commision Eurostat, consumption prices in Latvia in July, as compared with the exact month of the previous year, have dropped by 0.7%.

Coalition interferes with decision making about excise tax for natural gas

Parliamentary coalition fractions today in Saeima session again interfered with the decision to abolish the excise tax for natural gas. They artificially created the lack of quorum.

Munkevics will be released from custody

As the prosecutor of the ex-Mayor Raymond Munkevics (Jurmala) Velta Zaļūksne has informed, on Monday Jurmala City Court decided to continue until the first September to apply ex-Mayor Raymond Munkevics (Jurmala - Our Home) a security measure custody. She also stated that he would be released from custody, if 50 000 were paid as a security deposit.

Drop by 0.1% in the volume of industrial production

According to the data of Central Statistical Bureau, the volume of industrial production decreased by 0.1% in June 2010, as compared with May 2010, after seasonally adjusted data at constant prices. This includes electricity and gas supply - by 1.9%; however, there has been an increase of 0.2% in manufacturing and by 1.9% in mining and quarrying.

Melngailis does not predict another real estate boom

The former Chairman of Parex bank Nils Melngailis does not consider that Latvia will experience another boom in real estate market.

Shareholders meetings for AS Ventbunkers and LNT convoked for March 26

The Ventspils Transit companies A/s Ventbunkers and A/s Latvijas Naftas Tranzits inform that the shareholders’ meetings of both companies will convene on March 26th 2010.

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