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Tuesday 17.10.2017 | Name days: Karīna, Gaits
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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

Ref: 224.109.109.5090


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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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Ašeradens to leave Latvian government at the end of November

Latvian Economy Minister Arvils Ašeradens intends to leave the government after approval of the 2018 budget in the Saeima, which is scheduled for the end of November, as confirmed by Prime Minister Māris Kučinskis.

Islamic extremists blamed for tragic terrorist attack in Somalia

The death-toll in a tragic terror attack in the eastern African state of Somalia has reached 320 people and local authorities have stated that a key member of the cell that allegedly launched the attack on Mogadishu has told them that al-Shabaab was responsible for the crime.

Rīgas namu pārvaldnieks gets new management

From now on Rīgas namu pārvaldnieks will have a new chairman: once the head of Latio Namsaimnieks has been appointed as the new head of the company. The other vacant post has been given to Ardis Pāvilsons.

Catalonia misses ultimatum deadline, Spanish government vows to act after Thursday

The separatist Spainish region of Catalonia has missed the deadline to clarify, if it has declared independence and Madrid has received a letter from the President of the autonomous region, which still needs analysis.

What will be the consequences for companies that cheated with electricity production permits

Businesses that were caught using fake permits for electricity production in mandatory procurements will not have their permits extended, says Latvian Economy Minister Arvils Ašeradens.

Latvian tourist accommodation facilities experience increase of overnight guests

The number of nights tourists and other guests spent in Latvian hotels and other tourist accommodation facilities in the first eight months of 2018 has grown 12.2% in comparison with the same period of last year, reaching 3.524 million.

Antāne: transit industry has been on thin ice lately

«The transit industry has been on thin ice lately. Russia’s decision to divert all cargoes to its ports will only smash the ice. The government and state policy-makers have two choices – wait for the ice to break completely and watch the industry drown until finally stepping in, or act now to at least reduce the crisis for the country’s national economy, workers and their families,» says President of Baltic Association – Transit and Logistics Inga Antāne.

Kučinskis evasive in evaluation of Unity’s Economy Minister candidates

Latvian Prime Minister Māris Kučinskis remains evasive when it comes to assessing Unity’s Economy Minister candidates.

Amid alleged harassment scandal, Rõivas leaves post in Riigikogu

The former head of Estonian government Taavi Rõivas, who has been pointed to as allegedly having groped a woman during a visit to Singapore, has denied the claims, but has nevertheless decided to leave the of the second deputy speaker of the Estonian parliament.

De Facto: only one person was convicted of corruption in politics by KNAB in 15 years

In the past fifteen years, Corruption Prevention and Combating Bureau completed only one political corruption case, as concluded by De Facto programme of LTV.

Centre party victorious in Estonian local government elections

In the Estonian municipal election, held on October 15, the largest overall support has been won by Centre Party that is also the ruling party in Estonian central government.

Week to kick off warm in Latvia; weather to become colder down the line

At the beginning of the week, several cyclones will pass over Scandinavia. Cyclones will also dictate weather in Latvia. Atmospheric fronts will pass over the country multiple times throughout the week. Nevertheless, the sun will appear every now and then, as reported by State Environment, Geology and Meteorology Centre.

CEO of Samsung Electronics resigns, citing unprecedented difficulties

At the world's second largest electronics firm Samsung Electronics, its co-chief executive officer Kwon Oh-hyun has stepped down, pointing to management problems in the massive South Korean company.

Accreditation fees for sign language interpreter programmes may be reduced in Latvia

Latvian Welfare Ministry intends to work with Education and Science Ministry to find a solution for the situation with accreditation fees in the existing sign language interpreter programme, as reported by Welfare Ministry’s representative Aiga Ozoliņa.

Austrian government expected to be headed by 31-year old Kurz

In the Austrian parliamentary election, held on Sunday, October 15, victory is projected to the right-wing Austrian People's Party and its leader Sebastian Kurz could be become Europe's youngest head of government.

Week in Lithuania. Lithuania buying Norwegian air defence systems

Lithuanian defence officials have announced intention to buy Norwegian medium-range air-defence systems NASAMS in hopes of patching one of the biggest defence gaps.

Dryer and warmer weather expected

This weekend and next week, dryer and warmer weather is expected in Latvia, according to forecasts by the Latvian Environment, Geology and Meteorology Centre.

Orkla Foods Latvija invests 122 000 euros in new production line and design

Juice and sauce producer Orkla Foods Latvija owned by the Norwegian conglomerate Orkla Group is investing 122 000 euros in a new production line and in the development of new product packaging design.

Return to military conscription discussed in Latvia

The restoration of mandatory military service would need three preconditions – the need expressed by the military, political will and public support, evaluated Latvian Defence Ministry State Secretary Jānis Garisons at an academic discussion on the necessity to restore conscription.

London housing rent prices have risen sharply to low-income renters, study finds

UK low-income renters currently on average pay 28% of their monthly income on housing rent, which is a considerable increase from 21% in the mid-1990s, researchers have found.

Italian court: sick pay applies to woman, who cared for her ill dog

A woman in Italy has won a trial on right to receive sick pay for being absent from work to care for her dog after surgery.

Passenger trains in Latvia to have wireless internet

Wireless internet is to available in all passenger trains in Latvia operated by the state-owner railway passenger carrier Pasažieru vilciens.

With central banks keeping mum, talks of RE bubble deemed unfounded

The Baltics‘ real estate market remains bubbly and robust, but the exuberance the market shows seems worrisome to some. Yet the majority points to the Baltic central banks. Unless they send a message of distress, followed with the tightening of lending, there’s nothing to worry about.

Poll: Ethnic minorities feeling closer to Latvia, express limited support on NATO

The majority ethnic minority residents in Latvia feel a deep or a very deep sense of belonging to the country in 2017, which is an increase by 4% since last year and a 16%-increase since 2015, showed results of opinion polls by the Latvian Ministry of Culture.

Latvian Economy Minister to leave post

The Latvian Minister of Economics, Deputy Prime Minister Arvils Ašeradens has decided to leave the post in the government and assume the mandate of a member of the Saeima so he could chair the parliamentary faction of his party Unity.

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