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Friday 09.12.2016 | Name days: Sarmīte, Tabita

PHOTO: experts accidentally find unique decorative paintwork fragments

During restoration work in Culture Ministry’s building, experts unexpectedly discovered fragments of unique paintwork by Julijs Madernieks.

Ratas tells Vejonis about plans of new Estonian government

«The new Estonian government will continue the previous government’s priorities in foreign and security policy, strengthening cooperation between the European Union and NATO,» – said the new Estonian Prime Minister Jüri Ratas during his meeting with Latvian President Raimonds Vejonis.

Avian influenza comes close to Baltics; FVS urges residents to be careful

H5N8 virus – a highly pathogenic form of avian influenza – continues spreading in Europe. Although so far it has been found in wild waterfowl in Sweden and Finland, there is currently no reason for concern in Latvia, says Food and Veterinary Service.

Estonian PM’s party defends co-operation protocol with United Russia

Estonia’s ruling Centre Party «does not dare» stepping out of its co-operation protocol with United Russia, the party represented by Russia’s current political elite, stated deputy chairperson of the centrists and Estonian Education and Research Minister Mailis Reps on December 8.

Snow to return in Latvia at the end of the week

Maximum air temperature will remain within +4° C… +7° C in Latvia on Friday, 9 December. Rain is expected in many parts of Latvia. Nevertheless, much colder masses of air will flow into Latvia on the night to Saturday.

Nordea: Baltics should not expect a «walk in the park»

The austerity policy realized in Baltics during the crisis has resulted in some of the lowest budget deficit and debt levels in the European Union. However, Baltics are part of the six EU member states, which includes Luxembourg, Denmark and Slovakia, that are able to fulfil all Maastricht criteria.

Average consumer price level in Latvia up 1.2%

Compared to November 2015, the average level of consumer prices increased by 1.3 % in November 2016. Prices of goods grew by 0.6 % and prices of services by 2.9 %.

Latvijas Gāze to receive 35 million euro loan from OP Corporate Bank

This week, 6 December, OP Corporate Bank plc commenced cooperation with Latvijas Gāze in relation to the provision of a loan worth EUR 35 million. The bank acquired rights to provide the loan by winning in Latvijas Gāze tender for re-financing of capital investments.

More expensive alcohol and fuel causes price rise in Estonia

Over the past year, a small consumer price increase has been registered in Estonia – from November 2015 to November 2016 the country’s consumer price index has risen by a percent. Statisticians evaluate that the key factors behind it have been more expensive fuel, alcohol and tobacco.

This year marked a surge in corporate lending in Latvia

In the first three quarters of 2016, Latvian enterprises were provided with bank loans for a total amount of 1.4 billion euros, which is 40% more when compared with the first nine months of 2015, according to estimates from the Latvian Association of Commercial Banks and Finance and Capital Market Commission.

84.4% of last year’s cargo volume was transported by rail in Latvia

Continuing last year’s autumn trend, the volume of cargoes carried by Latvijas dzelzceļš had increased in November. The volume of cargoes transported by rail reached 4.46 million tons or 7.6% more in comparison with November 2015.

European Commission blamed for being passive over gay discrimination in Lithuania

Six members of EU’s European Parliament from five political groups have this week blamed the European Commission for not acting on allegedly clear discrimination against homosexuals in Lithuania.

Eight pieces of advice for keeping a cool head during Christmas shopping

Money seems to disappear at an alarming pace when shopping right before Christmas. Janis Dambergs, head of DNB Bank’s everyday services category confirms that volumes of card transactions always tend to increase considerably in December. In January, on the other hand, they tend to decrease just as sharply.

Estonian minister steps down shortly after taking office

Estonian Rural Affairs Minister Martin Repinski announced on December 6 that he was stepping down from office, having worked in the post for less than two weeks amid scandals surrounding him.

FM: for every one euro paid to EU budget, Latvia receives four euros on average

Next year, Latvia will receive more from the European Union budget than it will pay. For every one euro paid to the EU budget, Latvia will receive four euros in return, says Finance Ministry’s spokesperson Aleksis Jarockis.

Impressive deputy quotas – UGF wants to get more money for its municipalities

The sum of money money allocated for budget quotas has grown to EUR 20 million, because the Union of Greens and Farmers wants to allocated large amounts of money for municipalities managed by the party’s members, notes Saeima deputy Laimdota Straujuma.

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