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Wednesday 03.06.2015 | Name days: Ineta, Inta, Intra

April 16 in pictures

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LRA asks Prime Minister to explain usefulness of Prudentia’s services

This Tuesday, 2 June, Latvian Regional Alliance sent a letter to Prime Minister Laimdota Straujuma in which the political party asked to be provided with explanations regarding the exact amount of money that was paid to Prudentia Advisers for its services.

Saeima receives nearly 15,000 votes from citizens in regard to next president

One day prior to presidential elections in Latvia – 2 June – Saeima Chairperson Inara Murniece and other parliamentarians received nearly 15,000 applications in conclusion of the public initiative.

Pharmacists protest decriminalisation of marijuana

Pharmacists in Latvia oppose any and all attempts to legalize, decriminalize or in any other way allow free circulation of narcotic substances in the country. Mentioning of such initiatives and their submission to the Saeima only serves to increase interest of youngsters toward light drugs, pharmacists say.

Russia begins trial against abducted Estonian security official

With a closed court hearing in Pvkov on Tuesday, June 2, the trial against Estonian security official Eston Kohver has commenced.

Number of passengers carried in Latvia declines

In Q1 2015 the total number of passengers carried by public transport decreased by 1.7%

Citadele Group’s profit reaches EUR 7.6 million

In Q1 2015, Citadele Group’s profit had increased 30%, in comparison with Q1 2014, and reached EUR 7.6 million.

Latvian representative becomes coordinator of World Summit on Information Society

Latvian representative in the United Nations Janis Mazeiks has been appointed as the coordinator of the World Summit on the Information Society. The event's second coordinator is Lana Nusseibeh, representative of the United Arab Emirates to the UN.

Tobacco product contraband causes eleven billion euros of damage to Europe annually

Contraband, which mainly consists of illegally carried cigarettes, is one of the main threats to Latvia’s and Europe’s security, because our country has borders with third countries and the EU, says Latvian Finance Minister Janis Reirs.

Minority protest against school reorganisation held in Vilnius

The Polish community in Vilnius held a protest on June 1 against school reorganisation currently taking place in Lithuania.

Vejonis and organization of new elections discussed the most in the Saeima

Two days prior to elections of President of Latvia the Saeima still busily discusses two possible outcomes: either the election of Raimonds Vejonis – the candidate from the Union of Greens and Farmers – or organize new elections. The latter outcome is possible if none of the official candidates are chosen by the parliament, as reported by with reference to LTV.

Director of Latvian State Chancellery submits resignation

This Monday, 1 June, Director of State Chancellery Elita Dreimane handed her resignation to Prime Minister Laimdota Straujuma. She will leave her post on 12 June. As previously reported, the Constitution Protection Bureau has revoked her permit to access official secrets, which she was able to access for more than 14 years in the past.

Ship capsizes in China with 450 people on board

On the Yangtze River in China on June 2 a ship has capsized. Five people have been reported dead and hundreds more are missing.

Multiple Latvian fish processing companies receive permission for exports to China

Multiple Latvian fish processing companies have received permission to export canned, frozen and smoked fish products to China. The list of eleven Latvian companies was published by the Certification and Accreditation Administration Peoples Republic of China on their website at the end of May.

Total volume of freights carried in Latvia up 2.7%

In Q1 2015, the total volume of freights carried in main transport sectors increased in Latvia by 2.7% as compared to Q1 2014.

Every year half a billion euros from EU funds end up in hands of fraudsters

Nearly twelve million euros provided by structural funds have ended up in the hands of fraudsters. This amount was allocated for projects for which Latvian Corruption Prevention and Combating Bureau had launched criminal processes last year, as reported by De Facto programme.

Organic food consumed the most in Germany, France and UK

In 2013, residents of the European Union spend EUR 22 million on organic food products. This helped increase organic agriculture market’s share by 6%.

Weather in Latvia to remain unstable at the beginning of June

Unstable weather will remain in Latvia in the first week of June: warm days will alternate with cold days.

PMI index: Eurozone's factory growth slow amid ECB's quantitative easing

With the European Central Bank's quantitative easing programme in full swing, the factory growth of the eurozone in May has been slower than anticipated, a purchasing managers' index shows.

Meridian Capital plans to acquire Rīgas Piensaimnieks

Meridian Capital, an international private equity investment group, is planning to acquire Rīgas Piensaimnieks, one of the largest dairy producers in Latvia.

EU criticises Russia's blacklist, where 20 of 89 persons included are from Baltics

The European Union has described as «unjustified» Russia's entry ban list containing 89 names of military leaders, officials and politicians of the bloc's member states. 20 of the 89 persons are from the Baltic states.

Three Latvian banks may be involved in theft of one billion euros in Moldova

At the beginning of May, 40 thousand people went out to the streets of Chișinău, Moldova, to request the resignation of the country’s prosecutor general, Corruption Investigation Service and customs management. The reason for such discontent is the theft of one billion euros from three largest banks in the country.

Week in Lithuania. Lithuania in with other Baltic states to pursue medium-range air defence system

Defence ministers of the Baltic states of Lithuania, Latvia and Estonia have agreed to analyze the possibilities of establishing a joint medium-range air defence system.

Economic Diary of Latvia. Refugees are useless for the economy

The IMD World Competitiveness Yearbook was published this week. Compared with the year before, Latvia has dropped eight places down to 43rd, Estonia is now on the 31st and only Lithuania has managed to rise – up to 28th place.

Kazocins: Donbass is not Russia’s success story

For Russia, Donbass is not a story of success, said former Chief of Latvian Constitution Protection Bureau Janis Kazocins during the ‘Self-defence as part of collective security measures’ discussion on 29 May.

Adrians Davis decides to leave Latvijas Gaze

Adrians Davis, the head of Latvijas Gaze, has decided to leave his post in the company, as confirmed by Chairman of Itera Latvija – one of the shareholders in Latvijas Gasze – Juris Savickis.