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Saturday 24.06.2017 | Name days: Jānis

Baltic States and Slovenia refuse to become hosts for UK-based EU agencies

Only four EU member states – Latvia, Lithuania, Estonia and Slovenia – do not want to become new host countries for the currently UK-based EU agencies.

CAA: Latvia does not have any real punishments for improper use of UAVs

Use of unmanned aerial vehicles or UAVs in Latvia is governed by regulations. However, there are no special punishments for violations associated with use of UAVs, said Director of Civil Aviation Agency Maris Gorodcovs in an interview to LTV.

NAF Commander: provocations against NATO troops in Latvia are possible

With the new NATO battalion now stationed in Latvia there are concerns about possible provocations, said Latvian National Armed Forces Commander Leonids Kalnins told Latvijas Radio on Monday, 19 June.

Expert: potential of business service centres remains unexplored in Latvia

The role of international business service centres keeps increasing in the global economy. In Latvia, however, their potential remains largely unexplored, says New Hanza City project’s developer Pillar representative Guntars Cauna.

Latvia had fourth highest inflation among EU member states in May

Compared with the same month of last year, Latvia had the fourth highest inflation index among EU member states in this year’s May, according to data from Eurostat.

Zile: not all countries will be able to get involved in EU integration

The most likely development scenario for the European Union is the multi-speed Europe in which not all member states are able to participate, because they are unable to fit the necessary standards, says MEP Roberts Zile.

Latvia experienced moderately rapid export growth among EU member states

When compared with the same period of last year, Latvia experienced a moderate export rise among European Union member states in the first four months of 2017, according to data published by Eurostat.

Agreement reached on raising social fees; discussions on PIT progressiveness to continue

Partners of the ruling coalition have reached an agreement on the increase of social fees. Discussion about greater PIT progressiveness, however, will continue, Latvian Prime Minister Maris Kucinskis told journalists after the meeting of the coalition.

Oil prices continue rising around to globe

Oil prices around the world continue growing in the world even though investors remain sceptical about the ability of OPEC member states and their partners to reduce overproduction on the global market.

Criminal process launched against Bogdanovs couple working at Finance Police

Latvian Security Police has commenced a criminal process against Kristine and Maksim Bogdanov, who are husband and wife. The two are officials working at State Revenue Service’s Finance Police.The reason for the criminal process is disclosure of official secrets.

EU establishes visa-free regime with Ukraine

The visa-free regime between the European Union and Ukraine has come into force. This regime allows Ukrainian citizens with biometric passports to travel to EU member states, except for Ireland and the UK.

Initial results: British conservatives lose absolute majority of votes

On Thursday, 8 June, British Prime Minister Theresa May’s Conservative Party received the majority of votes in early election. However, it is entirely possible the party has lost its absolute majority, according to estimates compiled by BBC based on initial vote counting results.

Insolvency administrators Ilmars Krums and Maris Spruds are detained

Latvian State Police have detained insolvency administrators Ilmars Krums and Maris Spruds. Both of them were previously in charge of the insolvency process for the liquidated Trasta komercbanka.

Latvia’s Q1 growth was fourth most rapid among EU member states

In Q1 2017 Latvia’s GDP growth was the fourth most rapid among European Union member states when compared to the same period of 2016, according to data published by Eurostat on Thursday, 8 June.

Ruling coalition in Latvia may decide to put off PIT reduction

The ruling coalition plans to discuss different new proposals for compensating mechanisms in the realization of the tax reform – higher progressiveness of PIT, the option to postpone PIT reduction by six months and others.

Kucinskis promises to find decisive solution to tax reform next week

None of the coalition partners have any desire to overthrow the government. A solution to the tax reform and healthcare funding problem will be found, said Prime Minister Maris Kucinskis in an interview to 900 seconds programme of LNT.

Grybauskaite: Baltic States should work together more actively to realize joint projects

All three Baltic States should work together more actively in order to realize joint strategic projects. This includes Rail Baltica and the synchronization of energy systems with the west, said Lithuanian President Dalia Grybauskaitė during her visit in Estonia on Monday, 5 June.

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