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Bank of Latvia to issue a lat with a gingerbread heart
Tomorrow, December 9, the Bank of Latvia will issue new 1-lat coins depicting a gingerbread heart on the reverse, says the bank's press secretary Martins Gravitis.
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BATL criticises attempts to insolvency of Kalija Parks
Disagreements around AS "Kalija Parks" can not be solved by an insolvency process, therefore the competent state institutions should immediately react, says the association "Baltic Association - Transport and Logistics" (BATL).
Lithuanian means of enrichment: luxury taxation
Lithuanian Prime Minister Andrus Kubilus believes that the country’s budget would receive a benefit of approximately 100 million LTL (about 20 million LVL), by taxing expensive property: real estate, fast cars etc.
Deputy Olsteins keeps on challenging Dombrovskis
BNN with reference to www.pietiek.com previously reported about the ethically questionable attempts of Saeima Deputy Klavs Olsteins of Zatler’s Party of Reforms to receive a high and comfy place at the Ministry of Transport. After having turned to Mr. Olsteins for explanations of his actions, our agency found that the representative of the people’s will has invented a new way to communicate with journalists – SMS interview!
Inflation up 4.2% year-on-year
Compared to October 2011, the average consumer price level remained flat for goods and services in November 2011. The greatest upward pressure on November price fluctuations was put by tobacco products, alcoholic beverages, as well as goods and services related to transport.
Loskutovs wins the case on dismissal of the CPCB director's position
Administrative regional court has admitted unlawful the prime minister's order in 2007 on dismissal of Aleksejs Loskutovs from responsibilities of the Corruption Prevention and Combating Bureau (CPCB) director's position.
European Central Bank reduces interest rates
On Thursday, December 8, the European Central Bank has decided to reduce base interest rate by 0,25 percent, thus the interest rate for main refinancing items will further be 1%.
Meat producers focus on exports, leaving local market to imports
Latvian meat producers are currently focusing on exports, leaving the local market to products made in other countries.
Baltic Russians strongly support United Russia
Both Russian and foreign media channels keep on commenting of the results of the recent State duma elections in Russia. However only those that are strongly connected with United Russia party led by Prime Minister Vladimir Putin consider the results to be a triumph of the established regime. The violent quelling of the protest marches in Moscow and St. Petersburg is evidence enough of the reasons behind the negative comments of independent foreign overseers. Dmitry Medvedev the President of the Russian Federation promised to dismiss the representatives of certain authorities for not giving their support for the glorious victory of United Russia. In Baltic countries Russian ambassadors are such representatives. Does this mean a soon recall from their posts – i.e. retirement?
Latvian tourists mostly travel to Italy and Spain
The most popular tourism destinations are France, USA, China, Spain and Italy. Among Latvian tourists the most favourite travel destinations are Italy and Spain.
Court: Lembergs with lawyers submits incorrect claim in an incorrect way
hairman of the Ventspils city council Aivars Lembergs who wanted to levy through the court almost 400 thousand lats from three prosecutors, as well as from the businessman Ainars Gulbis blaming them for making public his sensitive data, has mixed up everything and together with his lawyers has submitted an incorrect claim.
Letter bomb sent to Deutsche Bank president
A letter bomb addressed to the chief of Deutsche Bank Josef Ackermann was sent to the bank's headquarters in Mainz on December 7.
Swedbank warns exporters of tough times
Surging exports (mostly of commodities) boosted recovery of the Latvian economy in 2010 and 2011. However, eurozone problems will most likely hit future growth and exporters should be ready for tough times ahead.
Introducing the zero declaration additional income in national budget is not planned
Aim of the law on property status declaration for individuals or the so-called "zero declaration" will not be additional income in the state budget, says the head of the Saeima Budget and Finance (Taxation) Committee Janis Reirs.
S&P places EU on watch for a downgrade
The international rating agency Standard and Poor's has placed not only the eurozone, but the whole European Union on watch for a downgrade of its AAA rating.
Finance Minister: Antonov's megalomania triggered Krajbanka crisis
"I don't think that Antonov indeed wanted to quit the banking sector and go to jail, especially given the financial sector's potential in the Latvian and Lithuanian economies," Finance Minister Andris Vilks comments on Vladimir Antonov in Latvijas Krajbanka case.
Greens/Farmers not to back budget if it is not amended
Prime Minister's party Unity has "eaten up" the popularity rating of Zatlers Refom Party. As long as it is the leader, the coalition will keep stable, says Augusts Brigmanis, deputy from the Greens and Farmers Union.
Ministries reluctant to prove no private use of employee cars
Ministries are still reluctant to prove that there is no private use of employee cars, while business people feel discriminated. Ministries most often own a couple of cars that are both owned and rented.
Latvians to no longer need passports when travelling in EU
Starting from 1 February 2012, residents of Latvia will have a possibility to get hold of a new identity document, which will provide different advantages. One of them will be travelling across the EU and the Schengen area without a passport.
52 000 lats needed to pay police patrolling banks
Since November 28, when reimbursements to Latvijas Krajbanka clients started, the State Police (SP) has been kept on alert. 52 000 lats will be asked from the emergencies budget to pay for the police officers' overtime, says Sigita Pildava, SP spokeswoman.
Estonia ready to build LNG terminal
The company that owns electric grids around the country, in cooperation with the largest Estonian port operator is planning to build a terminal for Liquefied Gas transit in Estonia.
Clinton and Azhubalis discuss threat from Russia
During the OSCE summit of minister of foreign affairs State secretary Hillary Clinton and the head of Lithuanian ministry of foreign affairs Audronus Azhubalis discussed the threat that stems form Russia.
Lithuanian government cuts spending of presidency, Seimas and ministries
In 2012 budget, the Lithuanian govenrment is cutting spending of presidency, Seimas, prime minister's office and ministries, according to the Cabinet of Ministers.
Latio: office rentals keep surging
The proportion of unrented space keeps dropping on Riga office space market, therefore, rentals of office space in the most demanded locations and buildings is gradually surging.
Agricultural labour force drops 19.2%
Agricultural labour force comprised 181.0 thousand, of which 89.2 thousand or 49.3% were females. In comparison with 2007, the regular labour force has dropped by 43.1 thousand or 19.2% in 2010.
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
May 20 in pictures
Latvia approves amendments regarding double citizenship
Latvia's foreign trade export is growing faster than import
Latvenergo's profits drop by 18.5% in 2012
Slow-down in Estonia’s growth expected
Searches carried out at homes and offices of Liepājas metalurgs Board and sharholders
PAA bath manufacturer modernizes production plant and creates Silk Stone material
Paul Krugman declined participation in the First Riga Economic Forum
Friendship between Unity and Prudentia: gigantic losses for state budget
HM: smoking in the presence of a child is considered abuse
Bathing season officially open in Latvia
Latvia's living costs reach record high level
Infographic: How teens' habits threaten the future of Facebook
Petrol price fixing scandal: oil giant bosses to be jailed if found guilty
Bloomberg: The eurozone must be split to save EU
Obama administration sacks U.S. Internal Revenue Service chief
French President: austerity endangers EU
Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
VIDEO: The birth of a snowflake
VIDEO: World's most dangerous marketplace
Photos of the week, 2013.05.17.
May 16 in pictures
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