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Saturday 17.03.2018 | Name days: Ģertrūde, Gerda, Gertrūde

Latvian State Revenue Service successfully increases tax collection efforts

In 2017, Latvia’s State Revenue Service (SRS) collected 90 million euros more in taxes than it had originally planned, said the institution’s director general Ilze Cīrule in an interview to Rīta Panorāma programme.

2017 – the safest year for Latvia’s roads

Last year turned out to be the safest year for Latvia’s roads. This is because the number of deaths caused by traffic accidents turned out to lowest in recent years – 134, which is 15% less when compared with 2016. This also includes the lowest number of pedestrians who died in traffic accidents – 50, which is 9% less when compared with 2016, as reported by Latvian Transport Ministry.

Estonia prices up by over 3% last year; dairy products and eggs – by 10%

Driven by more expensive food products and non-alcoholic beverages, consumer prices in Estonia have in 2017 compared to 2016 levels risen by 3.4%, statisticians have estimated.

Survey: more than 40% of employers plan to increase wages for employees in 2018

In 2018, employers will feel positive changes not only in terms of job offers but also in terms of wage rise. 41% of employers have plans to increase wages for at least some of their employees, according to results of a survey performed by CV-Online Latvia.

Sunday winds in Estonia turn tragic; damage power lines, cut roads

Estonian Rescue board and volunteers are working to clean up the damage brought on Sunday by strong winds tearing down trees that have resulted in one fatal accident, as well as cut power lines and temporarily stopped traffic on a number of roads.

De facto: government refuses to reveal the costs of Inčukalns gas storage facility’s shares

Twenty years after the privatization of Inčukalns underground gas storage facility by Latvijas Gāze the state controls it once again. The government has paid a so far unknown amount of money for more than one-third of shares, as reported by De Facto programme of LTV.

After excise tax reform, petrol in Riga becomes the most expensive in Baltic States

Following the increase of excise tax for fuel in Riga, 95th brand petrol became the most expensive in Baltic States in the first week of 2018.

Pyeongchang Olympics attacked by hackers, finds anti-virus firm

Cyber-criminals have sought to steal important data from organisations working in preparing the Winter Olympics to start in February, has found a cyber-security firm.

Air temperature to decline and precipitation to calm down in Latvia this week

This week, a small precipitation zone will pass through Latvia, bringing snowfall to some areas in Latvia. Wind speed will likely reach 15-17 m/sec (20-23 m/sec along the coast), as reported by State Environment, Geology and Meteorology Centre.

Tragic Stockholm explosion kills man

In an explosion Stockholm, Sweden, a man has been killed, who at a metro station picked up an object, which then exploded.

Week in Lithuania. President calls PM's proposal on Russia commission «irresponsible»

Prime Minister Saulius Skvernelis has proposed this week to resume political contacts with Moscow and says that the Lithuania-Russia dialog could cover trade relations and energy, agriculture and transport issues, as well as the situation of Lithuanian teachers in the Baltic Sea exclave of Kaliningrad.

BNN summary of the week: oligarch mafia, dangerous products in EU, and what to expect from 2018

BNN offers a summary of this week’s topical news in a variety of categories: Change, Defence, Future, Business, Decline, Growth and Opinion.

Crisis Management Council declared nation-wide natural catastrophe in Latvia’s forestry

At the end of 2017 the Crisis Management Council declared a nation-wide catastrophe in the country’s forestry, as reported by Agriculture Ministry.

Photos of the week, 06.01.2017

BNN offers you to take a look at topical, interesting and simply beautiful pictures of this week.

Global Finance declares SEB Bank’s digital solutions the best in Baltic States

When assessing digital solutions provided by banks in central and eastern Europe, international business and finance magazine Global Finance declared SEB Bank’s internet banking service the best in Latvia, Lithuania and Estonia, as confirmed by the bank.

Expert: no down time expected – pressure on wages will only continue

«We can safely predict that pressure on wages will only increase this year and the gap between wages and productivity will only increase. If we fail to find a solution on a national and company level, it could create a risk for Latvia’s competitiveness,» said dean, associated professor Gundars Bērziņš of Business, Management and Economics Faculty of the University of Latvia.

Citadele: businessmen believe grey economy has a tendency to decrease

73% of Latvian businessmen believe the volume of grey economy in their represented industry is either low or non-existent. In addition, the grey economy has a tendency to reduce, according to results of Citadele Index.

Growth in euro area evaluated as strongest since 2011

The economy of the euro are has finished the year 2017 with its most powerful growth since 2011, as it has been advanced by growing activity in the sectors of services and production in all larger economies, according a purchasing managers’ survey.

Survey: youngsters in Latvia save up money for travel or first mortgage instalment

More than half of Latvian youngsters aged 18 to 25 make savings by diverting an average of EUR 50 every month. Around 60% of youngsters make savings for something specific, such as travel, big purchases or first mortgage instalment, as concluded in SEB Bank’s survey.

Court in Tallinn upholds decision for ruling party to pay to state 110,100 euros

A court in Tallinn has dismissed Estonian ruling Centre Party's appeal against a decision by party funding watchdog to regard the party's large cash reserves as an illegal donation that should be transferred to the state budget.

Latvian Border Guard to be given right to register data on all people crossing country’s border

The government plans to provide the State Border Guard with the right to register and save information about all persons crossing Latvia’s border, as confirmed by Interior Affairs Ministry.

American lawyer believes bitcoin created by Estonian IT researcher

As attempts to find the mysterious inventor of bitcoin continue, an American lawyer has noted he believes that Estonian cryptographer Helger Lipmaa working in Tartu can be identified as the author of the crypto-currency – a claim rejected by the Estonian himself.

Ex-investigator: work performed by parliamentary investigative committee is one big farce

So far the work performed by Saeima’s committee responsible for investigating the Oligarchs case has been one big farce. So no objective result is expected from its members, says former chief of Corruption Prevention and Combating Bureau’s (CPCB) Operational Investigations Department Juris Jurašs.

Poland introduces online paedophile register with personal data and photos

As Poland introduces a new publicly available online register of convicted paedophiles, its government believes that the new measure is a very successful tool to safeguard children.

Colder masses of air to flow into Latvia; snow expected in many areas

On Friday, 5 January, a new cyclone will approach Latvia from the west. Because of that, weather in the country will remain cloudy and rich with precipitation. Most of Latvia will experience rainfall, but some areas may have wet snow as well, as reported by State Environment, Geology and Meteorology Centre.

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