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Friday 26.05.2017 | Name days: Varis, Eduards, Edvards
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BNN summary of the week: European populist Lembergs, Murniece's plans for compulsory military service

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUBNN offers a summary of this week’s topical news in a variety of categories, including business, decline, growth, fight and future.

Business: the largest merging deals of last year were performed in the retail market

Merging deals and other agreements of the largest businesses in 2016 had affected the competition development in twelve different industries and nearly one billion euros large segment of Latvia’s national economy.

Full article here: http://bnn-news.com/cc-largest-merging-deals-of-last-year-were-performed-on-the-retail-market-161609

Fight: Court declares Jurašs dismissal from KNAB as unjustified

Administrative District Court has satisfied ex-KNAB official Juris Jurašs’ request to recognize the order to dismiss him from his post in the Corruption Prevention and Combating Bureau as void.

Full article here: http://bnn-news.com/court-declares-jurass-dismissal-from-knab-as-unjustified-161583

Decline: 10% of Latvian municipalities refuse complying with Constitutional Court’s ruling

For approximately three and a half years one-tenth of Latvian municipalities have been refusing to comply with Constitutional Court’s ruling on changing waste management companies.

Full article here: http://bnn-news.com/de-facto-10-of-latvian-municipalities-refuse-complying-with-constitutional-court-s-ruling-161475

Truth: The New York Times puts Lembergs on the list of Europe’s populists

Considering recently emerged trend when more and more populist people end up in power around the world, one of the most prestigious magazines in the world – The New York Times – has analysed politicians of Central Europe and has picked the biggest populists among them. Latvia with Aivars Lembergs is the only Baltic State on this list.

Full article here: http://bnn-news.com/the-new-york-times-puts-lembergs-on-the-list-of-europe-s-populists-161614

Growth: Latvia is the only EU member state in which most CEOs are women

Latvia is the only European Union member state in which the majority of management posts in different enterprises are taken by women, according to the latest data from Eurostat for 2014.

Full article here: http://bnn-news.com/eurostat-latvia-is-the-only-eu-member-state-in-which-most-ceos-are-women-161571

Future: Saeima speaker considers restoring compulsory military service in Latvian

Latvian Saeima speaker Inara Murniece predicts compulsory military service will be restored in Latvia in the near future.

In an interview to 900 Seconds programme of LNT on 10 March, Murniece said compulsory military service should be restored in the country. Until then, she said, it is necessary to finish the work that has been commenced in defence.

Full article: http://bnn-news.com/saeima-speaker-considers-restoring-compulsory-military-service-in-latvia-161916


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Pensioner guide: old people are isolated from society in Latvia

«In my experience with social care, I was surprised by the dominating belief that the only thing old people need is elementary care – some food, a wash and a walk outside. Psychology of old people is something completely alien to people in Latvia,» says initiator of Pensioners Guide in Latvia Nelli Skadina.

SEB: reimbursements paid to nearly 340 loan clients over the past five years

In five years since the signing of the first loan payment insurance contract, reimbursements have been paid to nearly 240 SEB Bank clients who took loans and experienced unexpected difficulties after.

Number of tourists to Riga up 7% in 2017

In the first three months of 2017, a total of 263.5 thousand people were serviced in Riga’s hotels and tourist accommodations. 221.3 thousand of those tourists were foreign guests. Compared with the same period of last year, the number of tourists has grown 7%.

Estonian capital’s Deputy Mayor arrested over waste management dealings

The Deputy Mayor of Tallinn, Arvo Sarapuu, accused of deliberately violating procedural restrictions an especially large scale as part of a criminal case, has been arrested by the Estonian Internal Security Service.

Saeima ratifies convention on restriction for the use of mercury

On Thursday, 25 May, Latvia’s Saeima ratified Minamata Convention on Mercury. The objective of the convention is protecting people and the environment against anthropogenic emissions and leaks of mercury.

Europe experienced foreign investment records last year

Last year, Europe attracted a record large volume of foreign investments with 5,845 new direct investment projects, which is 15% more than the year before, according to results of EY European Attractiveness Survey.

Electric car charging network expands in Latvia to promote «greener thinking»

The once long-away dream of having cars that run on alternative fuel is now a reality – a special infrastructure network keeps expanding in Latvia to make electric cars more popular, says Motors Latvia BMW Group manager Ivars Norvelis.

Estonian Minister steps down after questioning NATO membership

Estonian Minister of Public Affairs Mihhail Korb has stated he resigns from office after saying he is not in favour of NATO membership.

Construction of a fish freezer commences at Ventspils Freeport

Construction work has commenced in Ventspils industrial territory on Talsu Street 200. Latvian National Fisheries Producers' Organisation plans to build a fish freezer facility there, as reported by Ventspils Freeport.

EC: there is a risk tax reform will increase inequality

There is a risk that Latvian government’s proposed tax reform will increase income inequality in the country instead of lowering it, said head of European Commission’s office in Latvia Inna Steinbuka.

Electronic monitoring of convicts will help have nearly EUR 500,000 for Latvia

Latvian State Probation Service believes electronic monitoring of convicts proved itself. This system has helped save nearly EUR 500,000 for the state budget since 2015.

Grandson of Stalin, who dropped Soviet tyrant’s surname, has died

Russian theatre director Alexander Burdonsky, the grandson of the leader of Soviet Communist mass repressions, Josef Stalin, has died at the age of 75.

SRS and LCCI to cooperate in search for most efficient tax payment models

Latvian Chamber for Commerce and Industry and the State Revenue Service have signed an agreement for the development of better solutions he assist the growth of Latvia’s national economy.

Searching for Manchester attack network, seven people detained

In relation to the May 22 terror attack in Manchester, seven people have been arrested in the UK and Libya, including family members of the alleged suicide bomber.

FM: planned tax reform will create conditions to reduce grey economy

After the publication of specific recommendations for EU member states, the European Commission admits that tax guidelines help resolve last year’s recommendations on reduction of the tax burden for residents with low income.

Economic influence on retail trade depends on migration

Looking at the influence of Latvia’s economy on retail trade industry in Q1 of 2016 and 2017 it becomes clear that future development of this industry depends on migration and inflation growth rates, as concluded in retail trade outlook Maxima Retail Trade Compass.

EC says it has irresistible «carrot» to attract countries to eurozone

EU’s European Commission intends to raise the attractiveness of adopting the euro in eyes of the bloc’s members now having their own national currencies, stated economics and finance commissioner Pierre Moscovici

Antane: government’s indecisiveness and rushed decisions impact transit industry

The refusal of Russian Railways to carry cargoes from Russian ports to Latvia could create a state of emergency for Latvia’s transit industry, says Baltic Association – Transport and Logistics.

Support to Rail Baltica further funding voiced by European Parliament Committee

Political support for continued funding of the railway project Rail Baltica has been acknowledged by a member of the European Parliament Committee on Transport and Tourism.

Kucinskis is not prepared to drop the tax reform

Political parties will have to decide on the extent of realization of proposed tax reforms. Finance Ministry will not work on new proposals, said Latvian Prime Minister Maris Kucinskis in an interview to LNT on Monday, 24 May.

Accessibility to new and effective medicine in Latvia is the poorest in Europe

In terms of accessibility and compensation of new and effective medicine, Latvia is on the last place among EU member states, according to Patients W.A.I.T. Indicator published by European Federation of Pharmaceutical Industries and Associations at the end of April.

Survey: How much time are you prepared to spend on your way to work?

Nearly half of interviewed Baltic residents say they are prepared to spend up to 30 minutes on the road in one direction, according to results of a survey performed by CV Market in Latvia, Lithuania and Estonia.

Latvian ambassador: the ball is on Russia’s side

NATO can reduce the threat of terrorism, but not liquidate it completely, said Latvian ambassador to NATO Indulis Berzins in an interview to Latvijas Radio before the upcoming NATO summit, which is expected to discuss the recent terrorist attack in Manchester, UK.

ECT: Most of Romania population sees domestic violence as normal

Romania has been criticised in a ruling by the European Court of Human Rights for being insufficiently committed to preventing domestic violence.

Latvia warned that budget deficit under tax reform may exceed allowed threshold

European Commission’s assessment of the effect from Latvia’s fiscal plan and intended tax reform show major risks of diversion from requirements of the Stability and Growth Pack for 2018.