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The Japanese - world's most pessimistic people
Nigeria, Egypt, China and India population think the future looks promising. They expect it to bee good or rather good, while the more pessimistic people with regard to their economic prospects live in Japan, Great Britain, Spain and France.
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47% don't believe source of conversations bugged at Ridzene will be discovered
Nearly a half or 47% of all the economically active population aged 18 to 55 do not believe it will be possible to discover how the media got hold of Ainars Slesers' conversations phone-tapped at hotel Ridzene.
Olainfarm acquires drugstore Ilmas aptiekas
Pharmacy company AS Olainfarm has acquired 100% of drugstores SIA Ilmas aptiekas and SIA Juko99.
SAF Tehnika gets in TOP 3 of Baltic companies
This year, the wireless data transmission equipment manufacturer SAF Tehnika has been recognized in the region excellence rating as the third best Latvian company listed on NASDAQ OMX Baltic stock exchange.
Eurogroup president: referendum to increase Greece's risk of bankrupting
If in the referendum majority of Greek citizens say «no» to the EU's decision on the new rescue package for Athens, the country, which is on the brink of default, will bankrupt, says Jean-Claude Juncker, president of the Eurogroup.
Steinbuka: Latvia’s results are outstanding!
In 2008, the Latvian government turned to international lenders due to the worsening situation in budget deficit financing. It was very difficult for Latvia to borrow on international markets when the economic crisis struck. It was even impossible to do so at reasonable interest rates. Now we can evaluate the outcome, says Inna Steinbuka.
Ex-interior minister Jaundzeikars possibly detained by anti-corruption bureau
In the morning of November 2, the Corruption Prevention and Combating Bureau (CPCB) possibly detained Dzintars Jaundzeikars, the former Interior Minister and chairman of the National Security Commission.
Cabinet of Ministers approves budget base expenditure for next three years
The Cabinet of Ministers has approved the specified state budget base expenditure for 2012/ 14, on the basis of which government spending cuts will be carried out and the maximum allowable central government expenditure estimated as a whole and separately for each ministry.
Interior Minister to do his best to prevent conflict of interest
Interior Minister Rihards Kozlovskis is set to do his best to avoid conflict of interest regarding the situation that his wife's company SIA Sunny is servicing the cafeteria of the Interior Ministry.
Russian businessman acquires 91.89% of dairy Valmieras piens
Russian businessman Yevgeny Varov has acquired 91.89% of the Latvian dairy AS Valmieras piens shares from the investment management company SIA Privāto aktīvu pārvalde.
Latvian economic growth rates reduced
The Latvian economic growth forecast for 2012 is based on conservative assumptions on the external development and the GDP growth is projected at 2.5%. While the Finance Ministry’s 2011 macroeconomic scenario, drafted in September, predicted growth of 4.5%.
Oil falls for fourth day in a row amid Greek crisis
Brent crude dropped for the fourth straight day on Wednesday, November 2, the longest losing streak since September 2011.
Sprudzs: municipalities need not worry about budget
At the moment, there are no reasons for municipalities to raise concern, because the budget is still considered from the perspective of all positions. The statement that the budget will be consolidated at the expense of municipalities is wrong, says Edmunds Sprudzs, Environment Protection and Regional Development Minister.
Titavs: allowing fools to play with Latvia is dangerous and costly
It is very dangerous and costly to allow fools, who have many initiatives, to play with the country, says Dans Titavs, board member at the Latvian Exporters and Investors Club, when commenting on the political situation in Latvia after the ex-President Valdis Zatlers’ order No. 2.
Government agrees on selling Mortgage Bank’s commercial parts
At a closed meeting on November 1, the government reached agreement on JSC Mortgage and Land Bank of Latvia commercial part sale.
Greece's decision to hold referendum boosts double crisis chances
The fact Greece is set to hold a referendum on the European debt deal boosts chances of the second wave of crisis, says Prime Minister Valdis Dombrovskis.
Richter: European Union close to collapse
Given that the European Union is close to a collapse, Europe needs to show solidarity, says Frank-Jürgen Richter, Chairman of Horasis: The Global Visions Community, an independent international organization committed to enacting visions for a sustainable future.
Riga City Council’s budget amended by 17 million lats
On Tuesday, November 1, Riga City Council adopted amendments in the Municipality’s 2011 budget. Again, the biggest increase in funding was planned for the Welfare Department in order to pay benefits to residents and cover losses of Municipality’s company SIA Riga Traffic.
8.7 million lats granted from state budget for euro introduction
The government has agreed to allocate additional base expenditure of 8.7 million lats for the introduction of the single European currency in Latvia in 2013 and 2014, thus backing the Finance Ministry’s proposal to clarify and increase the state budget base expenditure of long-term obligations.
Economy Ministry: Latvian economic growth in H1 – one of fastest in EU
In the first half (H1) of 2011, the Latvian economy reported one of the highest growth rates in the European Union (EU). Since the economic low point in late 2009, the gross domestic product (GDP) has grown by 7.5% and exceeded by 4.6% the level of 2010 H1, according to the Economy Ministry data.
Plaude - Relingere declared insolvent
On November 1, Riga City Vidzeme Suburb Court declared insolvent Ieva Plaude - Relingere, founder and shareholder of Kolonna group.
Public Utilities Commission confused about Ombudsman's statement
Latvian Public Utilities Commission (PUC, the Regulator) is confused why the Ombudsman's Office has come up with negative statements on its activities in terms of tariffs formulation assessment.
Mothers set forth their demands to government
On Tuesday, November 1, future mothers took part in a protest “Cik droši piedzimt šai pasaulē?” (How safe is it to be born in this world?) organized by Maminu klubs (Mother Club) outside the Cabinet of Ministers.
Farmers to receive area payment advances of 45.5 million lats
On Tuesday, November 1, the Rural Support Service started allocating the area payment advances to farmers. It overall plans to pay more than 45 million lats in November, the Service’s representatives inform.
BNN will ask your questions to U.S. Ambassador
Gregory Zubarev, member of BNN Editorial Board and head of BNN Baltic version, has been invited to the Embassy of the United States on November 4 to meet with the U.S. Ambassador to Latvia Judith Garber.
June 19 in Pictures
Minister: some deputies lack personal opinions and freedom
Standard & Poor's upgrades Latvia's rating
Series of deaths in circle of Aivars Lembergs
Eko Bus business is growing; a "war" begins
airBaltic cancels flights to Nice
Airbus A350 makes first flight successfully
Riga Free port official submits resignation because of a pleasure trip
Economic Diary. Here's to fair euro adoption!
Latvian ice hockey player Kristiāns Pelšs is missing; he may have drowned
Firearms licence requirements to be made stricter in Latvia
Latvia's population has dropped 1% in 2012
PHOTO: iris – garden wonders of the Natural History Museum of Latvia
Latvia's costs of living reach a new record
Flying bicycle succeeds in test flight
Chemical weapons used in Syria, Washington claims
June 13 in Pictures
Huge system of storms moves over U.S.
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
VIDEO: The World In 2 Minutes
June 18 in Pictures
June 17 in Pictures
Photos of the week, 2013.06.14
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