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Friday 24.11.2017 | Name days: Velta, Velda
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BNN summary of the week: Loginovs stays at the Freeport and Riga Coach Terminal to leave

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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: Change; Business; Fight; Decline; Truth and Growth.

Change: Relocation of Riga Coach Terminal to the ‘other side’ becomes more realistic

The relocation of Riga Coach Station to the ‘other side’ is becoming more and more realistic, as a proposal has been voiced to relocation Riga International Coach Terminal to Tornakalns. The planned construction of a transport hub in Tornakalns has already attracted funding of EUR 7 million from the European Cohesion Fund, as reported by Transport Ministry.

Mayor of Riga Nils Usakovs previously told Latvijas Radio that the coach terminal will likely be relocated, and that it would be necessary to combine it with suburban and public transport stops in Riga. One option would by building a transport hub beneath the new Central Station. Another includes relocating the terminal to Tornakalns, where it is also planned to build Rail Baltic Station.

Full article here: http://bnn-news.com/relocation-of-riga-coach-terminal-to-the-other-side-becomes-more-realistic-163778

Business: Government supports continuation of talks about purchase of shares in Conexus Baltic Grid

On Tuesday, 11 April, the Cabinet of Ministers supported continuation of talks with Conexus Baltic Grid shareholders about a possible procurement of shares in the company.

The state will evaluate its possible involvement in Conexus Baltic Grid to ensure energy security and form a regional gas market among Baltic States and Finland by 2020, BNN was told by Economy Ministry.

It will be possible to achieve the government’s goal by securing infrastructure development (Estonian-Finnish Balticconnectorun and Lithuanian-Polish GIPL connecting infrastructure), achieving high market efficiency and equality in competition, as well as securing price equalization with Central Europe.

Full article here: http://bnn-news.com/government-supports-continuation-of-talks-about-purchase-of-shares-in-conexus-baltic-grid-163780

Fight: Usakovs calls Latvia’s education minister a liar and fraudster

Baiba Brigmane, representative of Unity’s faction in Riga City Council, has requested to add the matter on Riga City Council’s behaviour in improving the quality of education in Riga’s general education facilities to the agenda of the next meeting of the city council’s Education, Culture and Sports Committee.

She also requests inviting to the meeting the management of schools in which result index of exams in the 2015/16 school year was below 30%.

In response to the claim that schools in Riga have low-quality education, Mayor of Riga Nils Usakovs posted a statement on this Facebook page, saying: «The Education Minister – is unprofessional and, possibly, a fraudster».

Full article here: http://bnn-news.com/usakovs-calls-latvia-s-education-minister-a-liar-and-fraudster-163913

Decline: Loginovs to continue working at Riga Freeport as advisor for Pecaks

Riga Freeport’s long-time CEO Leonids Loginovs will not stop working after retiring. He intends to continue working at the Freeport as the new CEO’s advisor, as reported by LTV.

Loginovs has been appointed as a freelance advisor to acting CEO Aigars Pecaks. Loginovs’ wage in the new post will be EUR 3,500 a month after taxes.

Full article here: http://bnn-news.com/loginovs-to-continue-working-at-riga-freeport-as-advisor-for-pecaks-163772

Truth: Estonian PM recognises gender pay gap as serious problem

It is necessary for Estonian society to address gender pay gap, said to be worst among EU nations, Estonian Prime Minister Jüri Ratas has evaluated.

«According to Eurostat data, our pay gap of 26.9 percent puts us at the very top in the European ranking; this situation has remained unchanged for several years now. Our message here should be clear and unambiguous — men and women must receive equal wages for the same job,» noted Ratas published on April 10, the European Equal Pay Day, as cited by the ERR.

Full article here: http://bnn-news.com/estonian-pm-recognises-gender-pay-gap-as-serious-problem-163696

Growth: World Bank asks Latvia to introduce labour force tax progressiveness

Latvia has to improve its tax system in order to offer its residents better services, say specialists of the World Bank in the report on Latvia’s tax system.

To reduce social inequality, the World Bank suggests introducing progressiveness for PIT in addition to social support for people with low income.

The World Bank notes – if Latvia wishes to realize residents’ hopes for better public services in healthcare, education and transport field, the country should consider the option to increase budget revenue by improving its tax system.

It is mentioned in the report that income tax and benefits are the most appropriate tools for the reduction of inequality. Progressiveness in PIT in addition to social support for people with low income could help reduce inequality in Latvia.

According to the World Bank’s estimates, introduction of three levels of PIT rates – 19%, 23% and 33% – and non-taxable minimum could help reduce inequality and raise budget revenue in Latvia.

Full article here: http://bnn-news.com/world-bank-asks-latvia-to-introduce-labour-force-tax-progressiveness-163881

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  1. alex says:

    Мошенник Писарчук Сергей кинул Гайкa Магакелянa почти на миллион долларов, развёл на покупку завода владельца компании «Афина Паллада».

    Thumb up 0 Thumb down 0

Ašeradens: the state budget should contribute to changes in national economy

The state budget should contribute to changes in Latvia’s national economy. This is why it is necessary to ensure that Economy Ministry recognizes efforts to increase productivity of the national economy, export growth, attraction of investments, innovations and business environment development as priorities in the process for the formation of the next three-year state budget, says Economy Minister Arvils Ašeradens.

Belgian waffle factory fire closes schools in Brussels

A large fire has destroyed a waffle factory in Brussels, making a cloud of black smoke over a part of the European Union's unofficial capital.

Facebook to inform users, who liked secretly Russian-made political pages

The popular social network has undertaken in the U.S. to notify its users if they have given a thumb-up to Facebook pages, which around the time of the last U.S. presidential election have been set up by foreign actors with the aim of spreading propaganda.

Officials: a safe Europe is important for Latvia

Latvia is interested in a safe and strong Europe. Security is one of the most important priorities. Looking at modern-day challenges and technological development, cyber-security’s role only keeps increasing, said chairperson of Saeima’s European Affairs Committee Lolita Čigāne after a meeting.

Weather to remain volatile in Latvia; air temperature to drop again next week

No major changes are expected for weather in Latvia in the coming days. Friday, 24 November, will be cloudy and rainy. Air temperature will range within +2° C… +7° C, as reported by State Environment, Geology and Meteorology Centre.

Pūce: RS is fortunate that «good uncle» Ušakovs gives as much money as needed

«Rīgas satiksme is a jar with an empty bottom in which Riga’s taxpayer money is put in from one end and the money put in it falls out of the other end and is used in different fraud schemes like nano-water, and the useless hydrogen-powered transport project – enormous and financially unreasonable projects....

Saeima approves next year’s budget; more funding for health and defence

On Thursday, 23 November, the Saeima approved Latvia’s budget for 2018. Next year’s budget revenue is planned at EUR 8.75 billion, whereas expenditures are planned at EUR 8.95 billion. The largest increase of funding is planned for healthcare. Latvia’s defence budget is set to reach 2% of GDP

Ķuzis: 94% of sex crimes against children are committed by people they know

Approximately half of sex crimes committed against minors take place on the internet, said Chief of State Police Ints Ķuzis at a press-conference on protection of children against sexual violence.

European Parliament approves use of EU Solidarity Fund’s advance payments

European Parliament’s Budget Committee has approved MEP Inese Vaidere’s submitted report on the use of advance payments from the EU Solidarity Fund in 2018, as reported by European People’s Party group Latvian press and communication advisor Ģirts Salmgriezis.

Authorities unmask illegal trade of products made from protected animals

Nature Protection Office and State Police have stepped up their efforts to increase control over trade of products made from endangered and protected species in the past month. Authorities have already confiscated different goods made from animals protected in Latvia and the world.

Swedbank survey: youngsters want stability; belief in Latvian labour market grows

Stability and income predictability are two of the most important values for Latvian youngsters when planning their future jobs. According to a survey performed by Swedbank, 53% of youngsters would gladly start working in an existing company.

Myanmar and Bangladesh to sigh refugee return agreement

In South-Eastern Asia, Myanmar plans to sign an agreement with neighbouring Bangladesh on the return of hundreds of thousands of Rohingya refugees, who have fled to the latter, while rights organisations point to atrocities committed by Myanmar's military.

Polish shipbuilder accused of bribing Port of Tallinn management

A senior executive of Remontowa Shipbuilding, a Polish shipbuilding company, is facing accusations of handing large bribes to former senior figures Port of Tallinn, the Estonian state-owned port operator.

Lībiņa-Egnere may be appointed head of Saeima’s National Security Committee

Unity member Inese Lībiņa-Egnere may be appointed as the new head of Saeima’s National Security Committee, as reported by Latvijas Avīze.

Expert: real estate transaction volume this year may reach 100 million euros

The volume of commercial real estate transactions in Baltic States may exceed EUR 1 billion. Latvia, meanwhile, remains behind its neighbouring countries because the volume of transactions in the country may reach EUR 100 million, says CEO of Colliers International Deniss Kairāns.

Finnish medication prescriptions to be valid in Estonia

In Estonia, Finland's digital prescriptions of medications will be valid from summer 2018 and vice versa – from around mid-2019.

Talks commence on restoring ferry traffic between Ventspils and Saaremaa

On Wednesday, 22 November, a delegation from Saaremaa municipality arrived at Vetnspils Freeport to discuss with representatives of Ventspils municipality and freeport the proposal to restore ferry traffic between Saaremaa and Ventspils.

Family of killed Maltese journalist take police to court

The family of the killed Maltese journalist Daphne Caruana Galizia has sued police believing that it does not perform an impartial investigation.

Saeima reduces VAT for vegetables, berries and fruits typical for Latvia

Starting 2018, a reduced VAT rate will be applied for fresh fruits, berries and vegetables in Latvia. This is provided by amendments approved by the Saeima on 22 November for Law on Value Added Tax.

Georgian anti-terrorist raid ends tragically

In the Georgian capital Tbilisi, security officers have conducted an anti-terrorist raid in an apartment, where a shoot-out has started and three suspected militants and a special forces' soldier have been killed.

Jerošenko: Ušakovs offers unhealthy policy, Harmony is used as Lembergs’ «satellite party»

«Cooperation between Harmony and Aivars Lembergs’ Union of Greens and Farmers has always existed. It existed even before Harmony first appeared in Riga City Council. The situation is the same in the Saeima, even though Concord is in the opposition. Still, in situations when one or the other matter important to Lembergs appears, one does not have to be a great politologist to notice the ties between those parties...

Bosnian Serb commander punished with life imprisonment for Srebrenica

The UN the International Criminal Tribunal for the former Yugoslavia handed a life imprisonment sentence to Ratko Mladić after it found the former commander of Bosnian Serb forces guilty of genocide and crimes against humanity committed in the 1990s during the Bosnian War.

EC positive about Latvia’s 2018 budget project

Based on the conclusion from the European Commission, Latvia’s budget project for 2018 fully fits conditions listed in the Stability and Growth Pact. In accordance with EC’s estimates, the structural balance of Latvia’s general budget is viewed at -1.8% of GDP. Government budget expenditures, on the other hand, are expected to grow by 7.1 percentage points.

Producer price level in Latvia declined 0.2% in October

Compared to September, the level of producer prices in Latvian industry dropped by 0.2 % in October 2017. Prices of products sold on the domestic market decreased by 0.5 %, while prices of exported products went up by 0.1 %.

Vaškevičs feels «harsh but fair» attitude from court justice system in Austria

Former deputy director of Latvia’s State Revenue Service Vladimirs Vaškevičs, who is accused of bribery and whose extradition from Austria has been a priority for Latvian authorities for some time now, says he feels «harsh but, thank God, fair» attitude from the Austrian court justice system.

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