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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.
EC commissioner: it's time for major VAT reform
Today, December 7, the European Commission presented a document on reforming the value added tax (VAT) by revising its essence and procedure of collection.
1 commentTM security wrapped in falsifications, forgeries and lies
BNN received an e-mail the other day: “Dear Sirs! To me BNN is like a tribune. A tribune that asks the questions some influential people would rather not reveal to the general public. Some of the questions asked cover the so called “transit wars”. I am deeply concerned about the upcoming “assault” of an enterprise that so far courageously held off the “Ventspils Commandant”. I would appreciate if you would kindly publish my opinion on this matter.” BNN kindly does what our reader asks.
Dropping number of agricultural holdings
In 2010 83.4 thousand economically active agricultural holdings were managing 2879.1 thousand ha of land and 1796.3 thousand ha of utilised agricultural area, according to the Latvian Central Statistical Bureau.
Kabanovs punished for support to referendum on Russian
The Saeima Mandate, Ethics and Submissions Committee on Wednesday, December 7 has admitted that MP of Harmony Centre Nikolajs Kabanovs, signing for amendments of the Constitution which provides for the second state language status for Russian, has not kept the solemn vow (oath), thus violating the Code of MP Ethics.
Average pay surges at Latvian ministries
In Q3 2011 versus Q4 2010, the average pay was up from 469 lats to 493 lats at ministries, according to information reviewed by the government and about to be passed on to the Saeima.
Russian opposition tossed aside
Approximately 500 people were detained in the evening on the 6th of December, during the opposition’s protest marches in Moscow and St. Petersburg against the State duma election results.
Enterprise value added up 5.2% in 2010
Value added produced by construction and trade companies as well as enterprises providing services comprised LVL 5532 mln in 2010 (at constant prices).
State-guaranteed reimbursement paid already to 44 237 Krajbanka clients
From the morning of November 29 until 17:00 o'clock on December 6 the state-guaranteed reimbursement has been received by 44 237 Latvijas Krajbanka clients.
Rinkevich and Lavrov see improving Latvia-Russia political climate
Latvia Foreign Affairs Minister Edgars Rinkevich met with his Russian counterpart Sergey Lavrov in the meeting of foreign affairs ministers organized by the Organization for Security and Co-operation in Europe (OSCE). According to Rinkevich, the political climate between Latvia and Russia is constructive and pragmatic. Also Lavrov agrees that the political relationship between the two countries is now better.
A raider takeover is in motion in Ventspils
A few days ago BNN reported that ”KĀLIJA PARKS”, a most profitable and one of the largest organic fertilizer processing terminals in the world, is being bushed to the borders of bankruptcy by «TM SECURITY» security firm. BNN’s assessment of this most complicated situation is now backed up by the official press release from ”KĀLIJA PARKS”.
Latvia supports Georgia integration efforts
Latvian Minister of Foreign Affairs Edgars Rinkevics on December 6 within Vilnius EDSO meeting met the Georgia Minister of Foreign Affairs Grigol Vashadze. During the meeting the minister expressed satisfaction about what Georgia has done in the sphere of EU integration.
The Jurmala pine logging prohibition act for Slesers is due for a hearing…in 2013
The complaint concerning the prohibited clearing of the forested area, located on Upes Street 1a, where the well-known politician and business man Ainars Slesers plans to build his estate, is scheduled for a hearing in 2013 by the Administrative District Court.
Lido overcomes financial problems and resumes normal work
In December this year it is planned to terminate the extra-judicial legal protection process against the public catering company Lido what, according to its owner Gunars Kirsons, is the first incident in Latvia when a company goes out of ELPP.
Deutsche Bank: Germany - under threat of recession
The German economy could fall into a recession during the autumn-winter season, say Deutsche Bank analysts. According to Stephan Schneider, the country's huge focus on exports could drag down its growth.
Economy Minister: growth depends on eurozone stability
Recovery of the Latvian economy depends on the eurozne stability, says Economy Minister Daniels Pavluts ahead of EC meeting scheduled for this week in Brussels.
Aboltina: the 2012 budget will lead the way to financial independence
Saeima speaker Solvita Aboltina said, that the main goal of the budget being compiled for the year 2012 will be to strengthen the Latvian financial system. She also added that the international loan program has ended and that means that our country may once again achieve financial independence.
Huge number of Latvians in Ireland and Great Britain sign for Russian
Ireland and Great Britain have the biggest communities of people from Latvia, which have been extremely active to sign for Russian as the official language in Latvia, says Kristine Berzina, representative of the Central Election Commission.
Greek parliament votes for 2012 austerity measures
Greece has adopted 2012 budget aimed at slashing its debt and cutting the deficit down to 5.4% of GDP versus 9% projected in 2011.
Latvijas Krājbanka’s clients were reimbursed over 170.6 million LVL over the course of one week
During one week’s time – from the 29th of November to about 10 o’clock in the morning on the 6th of December – 40 324 Latvijas Krājbanka’s clients have received guaranteed compensations.
Parliamentarian demands post of state secretary or he won't vote for budget
The statement issued on December 6 by the independent Saeima deputy Klavs Olsteins came out of blue. He announced he would become the State Secretary of Transport Ministry. Sources in Unity claim unofficially that Olsteins' statement is linked to his unofficial threat that if he is not granted the high post, the group of six independent deputies will not vote for 2012 budget.
Ex-economy minister sees future of airBaltic in Asia and Middle East
The Latvian national airline airBaltic could have great prospects in Asia and Middle East, the former economy minister Artis Kampars told the newspaper Dienas Bizness, thus implying that one of the potential buyers could come exactly from this region.
Polastri: euro not to collapse, but uncertainty expected
The euro will not collapse, but the European Union will see prevailing uncertainty for about a year, says Giovanni Polastri, Senior Strategist at Swedbank Robur.
Dombrovskis: Krajbanka not to hit 2012 that much
Talks with the international lenders have not yet rounded up because of Krajbanka, but I believe that they will definitely end this week. The Finance Ministry is currently specifying data and formulations in the mission's documents, says Prime Minister Valdis Dombrovskis.
Bank of Latvia warns public sector not to raise wages inadequately
During the period from 2004 until 2008 the Latvian national consolidated combined budget expenditure increased almost two times, one third of it being made by increase in wages of public sector employees.
Photos of the week, 2013.05.24.
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
Survey: popularity of current Ventspils management is below 50%
Economic Diary: Smash Business with Taxes
Oil deposit exploration in Latvia's waters; project managed by people close to Lembergs
Prudentia distances from the consequences of the advices it once gave
Friendship with Unity – the only thing that keeps Prudentia afloat?
LHV bank to take over Snoras Leasing
PHOTO: Gumball 3000 lifestyle rally in Riga
More than 20 000 enthusiasts to run in the Nordea Riga marathon
Economy Minister: Russian business interest increases in Latvia
500 kg large aircraft bomb found at Ventspils port
Cypriot banks launder money, leaked EU report reads
Apple and other great American companies that keep mountains of cash overseas
May 21 in pictures
Tornado in U.S. moves on reaching 320 km/h in Oklahoma City
Dolphin finds rare torpedo
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
May 23 in pictures
May 22 in pictures
May 20 in pictures
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