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Ceturtdiena 29.06.2017 | Name days: Paulis, Pauls, Pāvils, Pēteris
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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».

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Forest regeneration costs declined in Latvia last year

In 2016 the average forest regeneration costs, depending on the forest land quality group, varied between 551 and 600 euros per hectare.

Oligarchs in Latvia have been building up influence by distorting media for years

The conversations tapped in Ridzene Hotel reveal that Latvian infamous oligarchs have been building up their influence over the years by subjugating and distorting media, Ir magazine writes.

Government and social partners agree on introduction of differentiated PIT

At a meeting of the National Council for Trilateral Cooperation, government representatives and social partners agreed on the introduction of differentiated personal income tax.

Latvia receives high score in latest innovation ratings

Latvia’s score in the latest innovative ratings is proof of stable and sustainable state development. This is proof Latvia is headed in the right direction, which benefits productivity and high added value goods, says Latvian Economy Minister Arvils Aseradens.

Terror attacks alter Estonian travel plans, survey finds

A considerable number of Estonians are choosing not to travel to countries, where recent terror attacks have taken place, the results of a survey showed.

Latvian students demonstrated lowest results in all centralized exams this year

This year, Latvian students demonstrated the lowest results in all centralized exams when compared with the previous year, according to information from the State Education Content Centre.

Beer more expensive in Estonia: Year’s second excise rise on beer, cider in July

With swift excise tax increase on alcohol continuing, on July 1, the rate on beer and cider is to be raised by 70%, reaching 15.52 euro cents for percent of alcohol by volume per litre.

Finance Ministry changes approach to tracking accomplishment of state budget goals

Latvian taxpayers will be able to follow results expected from the state budget in a simple and comprehensive way, as reported by Finance Ministry.

Survey – 94% of Europeans take photos using their phones

Studies show that smart-phones are gradually replacing other devices, steadily becoming one of the most important device when travelling. 94% of European residents take photos using their phones, as concluded in a study by Huawei.

Amid global ransomware cyberattack analysts point to Ukrainian accounting software

A number of cybersecurity firm analysts have noted that in this week’s international cyberattack, which has severely affected computer systems in Ukraine, has been linked to the Ukraine-built accounting and finance software MEDoc.

Bondars among defendants in the case for enforcement of 15 million euros from Krajbanka

Former parliamentarian and current member of Riga City Council Martins Bondars is among the defendants in the civil case for enforcement of EUR 15 million from seven former Latvijas Krajbanka board members.

Italy warns it could not allow in ships with migrants rescued at sea

The government of Italy has warned the European Union that the country may stop foreign ships from unloading migrants at Italian ports, because the migrant situation in Italy is deemed to be unsustainable.

Lithuania reaches gas delivery deal with U.S. firm

Lithuania’s gas trading company Lietuvos Duju Tiekimas has this week unveiled that it has sealed a contract to purchase liquified natural from the U.S.

Latvian state officials concerned – oligarchs’ talks only increase people’s distrust in politicians

If talks like that take place, it proves that society’s level of trust in politicians only increases, said Latvian President Raimonds Vejonis after his meeting with Prime Minister Maris Kucinskis on Wednesday, 28 June.

Otto Ozols: one of Latvia’s presidents was bought like pig at a market

«The saddest fact is that people with flat and shallow thinking have such enormous influence in Latvia,» Latvian publicist Otto Ozols comments on the situation about Ir magazine’s recent publication of secret talks that took place in Ridzene Hotel.

Construction costs in Latvia grew 0.2% in May

Compared to April, the level of construction costs in Latvia increased by 0.2 % in May 2017. Labour remuneration of workers grew by 0.4 %, maintenance and operational costs of machinery and equipment rose by 0.3 %, whereas prices of building materials increased by 0.2 %.

Residents are certain no new jobs will appear in municipalities after elections

68% or the majority of interviewed Latvian Residents are certain no new jobs will appear after municipal elections, according to results of a survey by CV Market.

LDz Council Chairman Ansis Zeltins approved as new Freeport of Riga CEO

The committee responsible for the selection of candidates picked LDz Council Chairman Ansis Zeltins as the best candidate.

Estonian court: Right to protection of family life also to same-sex couples

Estonian Supreme Court has established in a decision that same-sex couples also have the right to protection of family life, when the court detailed Estonian court jurisdiction in disputes over residence permits involving foreign nationals.

Dzintars losses have declined: can the company survive the crisis?

Compared with 2015, net turnover of Dzintars declined by 104,000 euros in 2016. The company’s losses, on the other hand have declined by 904,000 euros when compared with 2015, says the company’s board member Dagnija Maike.

Victims of Portugal’s forest fires let down by communications with rescuers

After the Portugal wildfires, in which 64 people died and 254 got injured earlier in the month, the government of Portugal has ordered an investigation into the operation of emergency communication operations as at least 10 emergency calls are reported to have failed to reach firefighters.

Latvian Shipping Company sells House of Press for 16.8 million euros

Latvian Shipping Company’s subsidiary LASCO Investment has sold House of Press to PN Project, which is managed by Lithuanian real estate and private capital company Lords LB Asset Management. The total value of the deal is EUR 16.8 million, as reported by LSC.

Latvia and other countries refuse to support proposal for energy efficiency

The proposal to add changes to the Energy Efficiency Directive has been approved, establishing a goal to reach 30% of energy saving within the European Union by 2030.

Netherlands ruled partly liable for 350 Srebrenica victims

In relation to the Srebrenica massacre, an appeals court in the Netherlands has for the most part upheld an earlier ruling that the Dutch state was liable for the deaths of 350 Bosniak men in the 1995 Srebrenica massacre.

Lembergs fails to chair third meeting of the new Ventspils City Council; this time he «lost his voice»

Although the slogan of Ventspils is ‘City with tomorrow’, little changes in the work of the local city council – the organizational process of meetings remains absurd and incomprehensible. For example, Aivars Lembergs, who is legally prohibited from performing his duties as Chairman of Ventspils City Council but has been elected as mayor regardless, could not chair the most recent meeting of the city council. The excuse he gave was that he lost his voice.

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