Today, November 29, Prime Minister Valdis Dombrovskis signed a document that indicates the monthly salary of the new head of the Corruption Prevention and Combating Bureau - Jaroslav Strelchenok.
Russia President Dmitry Medvedev is set to organize a contest to find out the silliest administrative regulation that limits business development.
Anders Breivik has been deemed not competent to stand trial. The alleged mass killer gunned down 69 people, mostly teenagers, when he attacked a youth camp back in July, 2011.
Daugavpils University hosted a discussion "What are Latvia's eastern neigbours like?" Experts from various fields, including politics, economy and culture analysed Latvia's relationship with its most powerful neigbour Russia. The discussion also touched upon Latvia-Belarus relationship. The scientific conference took place in Latvia and rounded up with one of the journalists being showed the door.
All the events of the past months: phone-tapped oligarchs' conversations, discussions on airBaltic future, Passenger Train's scandalous procurement and the "as if" unexpected Krajbanka crash are all parts of a huge schema with "a political shelter", according to a report by some, presumably, well informed local lawyer's office that is published on Pietiek.com.
In terms of the consequences from Latvijas Krajbanka crisis, we cannot speak about an impact on the state budget, but we can speak about certain effects on the national economy, says Sanita Bajare, Finance Ministry's press secretary.
Back in 1995, Latvia's average level of income or the value added per capita accounted for 26% of the old European states' average level. It hit 51% in 2008. Thus, the gap between Latvia and Western Europe was cut one third in thirteen years time. From that perceptive, Latvia could reach their level after 26 years - in 2034.
Welfare is not an easy goal in Latvia, the situation is complex. Besides, Europe itself has been undermined. It is seeking for ways to exit the crisis. EU member states and also the European Commission are in a force major regime, says Inna Steinbuka, head of EC office in Latvia.
The government will hold and emergency meeting to discuss what it should do to protect Krajbanka depositors and not to allow such a situation in future as well as what role the banking watchdog played, says Augusts Brigmanis, member of Greens and Farmers Union.
Even a good, multi-level internal, external and public control cannot fully protect a bank from fraudsters, says Uldis Cerps, Banking and Securities, Department Director at the Swedish Financial Supervisory Authority.
Language is a means of communication. It is not a matter of politics. When discussing the language issue in Latvia, we must learn from experience of other countries, says Nikita Nikiforov, Harmony Center member.
Krajbanka crisis has made people doubt the stability of other banks operating in Latvia. Also BNN editorial office has received some pretty nervous questions.
Ainars Latkovskis, head of Unity Saeima faction, has approached the General Prosecutor Erik Kalnmeiers with a request to probe how big deposits and at what interest rates municipalities as well municipal and public companies had deposited at AS Latvijas Krajbanka.
As of the day when filing the annual income declaration, 45 Saeima members kept cash of LVL 396 329 in different currencies. The rest of 55 parliamentarians do not have any savings in cash.
Irena Krumane, head of the Latvian banking watchdog Financial and Capital Market Commission (FCMC) is resigning on the grounds that the pressure on her still taking up the post is hindering FCMC's work.
In the third quarter of 2011, the unit value (UV) of exported goods was up 11.2%, while of imported goods – 4.9 % year-on-year, according to the Central Statistical Bureau.
From 2007 up to 2009, at least USD 365 million were laundered via the offshore company Nomirex Trading's account at Trust Commercial Bank (Latvian: Trasta komercbanka) in Riga.
Latvian banking watchdog Financial and Capital Market Commission is set to file for AS Latvijas Krājbanka insolvency this week. Candidacies for the post of insolvency administrator are currently assessed.
According to a survey of the Latvian population, 32% of the respondents blame Riga Mayor and Harmony Center leader Nils Ushakov for sparkling ethnic tension.
Tax collection has been very successful in 2011. Hopefully, despite Krajbanka crash, it will remain like that until the end of the year, says head of the State Revenue Service Nellija Jezdakova.