It is a custom in Latvia to stir up a scandal based on unfounded suspicions, indicates Andris Ameriks, Riga Deputy Mayor and Chairman of Riga Free Port, when commenting on the conducted investigation by the CPCB in the so-called oligarchs’ case.
Majority (70%) of the economically-active residents of Latvia, aged 18 to 55 years, believes that the gas tariff increase, starting from July 1, this year, will affect their household’s financial situation.
Theoretically, it would be possible to abandon the current pension system; however, this would require several decades, believes Gunārs Kūtris, chief justice of the Constitutional Court.
The Register of Enterprises (RE) is facing difficulties in executing the High Court of England and Wales’ ruling on imposing restrictions on shares whose possible beneficiary is the Mayor of Ventspils Aivars Lembergs.
With the support of the association Latvijas Zaļais punkts 28 tonnes of clothing and footwear were donated for charity by the residents of Latvia.
Latvia’s key priorities in the EU's multi-annual budget for the next programming period (2014/ 20) are: to maintain the Cohesion Policy envelope (financing for structural funds and Cohesion Fund) at least at the same level (of 2007/ 13 programming period) and to attain fair direct payments to all EU member states’ farmers.
Belarus has requisted Russia to freeze the gas price this year, announced Vladimir Semashko, the country’s Deputy Prime Minister. So far, Belarus, who is currently facing an economic crisis, has managed to pay for Gazprom's supplied gas within the set time-limits.
Starting from Friday, July 1, a law comes into force in Estonia, enabling car drivers to leave their driving license and technical certificate at home. The only condition – drivers must carry with them a personal identity document.
Compared to April, construction costs in May 2011 rose an average of 0.5%. Labour remuneration increased 3.0%, with the maintenance and operational costs of machinery and equipment remaining at the same level, while prices of construction materials dropping 0.1%.
The Latvian and Lithuanian Prime Ministers met to discuss the Baltic energy independence, agreeing on the need to strengthen the Baltic States’ position in the EU, jointly defending countries’ interests, including the financial outlook.
We cannot predict the situation in 2014 with one hundred percent certainty, says the Defence Minister Artis Pabriks, when commenting on the possibility to withdraw Latvian soldiers from Afghanistan after three years.
The company SIA EuroLCDs, which was recently-established in Ventspils, plans to open a three-dimensional (3D) imaging technology plant, investing around six million euro in it.
The pre-election campaign before the emergency parliamentary elections will be full of hate, dividing the society, Dans Titavs, board member of the Latvian Exporters and Investors Club, who was excluded from the party New Era, predicts in his column at the magazine Kapitāls.
In 2010, household electricity prices in the European Union (EU) surged 5.1% over the previous year. While the third lowest electricity price was recorded in Latvia, according to Eurostat data.
In order to boost the Latvian domestic market activity, Citadele Bank is prepared to invest more than 100 million euro or 70.3 million lats in the Latvian business this year.
Last year, the highest employment rate in the European Union (EU) member states for people aged 20 to 64 years was registered in Sweden, the Netherlands, Denmark and Cyprus, while the lowest – in Malta, Hungary, Italy, Spain and Romania.
Only one candidate has applied for the new electric and diesel train procurement tender organized by the company Pasažieru vilciens, reveals the company's management.