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.
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.
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.
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.
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.
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 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 Yevgeny Varov has acquired 91.89% of the Latvian dairy AS Valmieras piens shares from the investment management company SIA Privāto aktīvu pārvalde.
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%.
Brent crude dropped for the fourth straight day on Wednesday, November 2, the longest losing streak since September 2011.
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.
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.
At a closed meeting on November 1, the government reached agreement on JSC Mortgage and Land Bank of Latvia commercial part sale.
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.
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.
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.
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.
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.
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.
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.
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.