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Friday 09.12.2016 | Name days: Sarmīte, Tabita
LatviaLatvia

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.

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.

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.

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.

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.

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.

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.

Elering announces tender for designing and building Estonian-Latvian power connection

As part of building the third power connection between Estonia and Latvia, Estonian power grid operator Elering has this week announced a procurement tender for designing and constructing the Estonian side of the project.

Authorities stop drug smugglers, one of whom is a convict in Central Prison

On 23 November, officers of State Revenue Service’s Customs Police Office performed multiple searches in Riga. Searches were performed in homes of individuals held suspect for ordering different kinds of narcotic substances from Netherlands with of selling them in Latvia, including to convicts in Riga Central Prison.

Economist: investment inflow will be positive, but slower than last year

In Q3, the current account formed a surplus of 1.5% of the country’s GDP, according to data from the Bank of Latvia. This year’s general surplus is 1.1% of GDP. It is expected that investment inflow will remain positive before the end of the year. It will be slower than last year, predicts Swedbank economist Agnese Buceniece.

Pabriks: deals in the media sector are a matter of state security

Deals in the media sector are a matter of state security. With that, Prime Minister Maris Kucinskis and Economy Minister Arvils Aseradens should be more active in efforts to control strategically important business directions, said MEP Artis Pabriks.

Ventspils to spend EUR 23,000 on New Year’s fireworks

Festive New Year’s fireworks will cost EUR 22,900 without VAT in Ventspils this year, according to information from the Procurement Monitoring Bureau.

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