During restoration work in Culture Ministry’s building, experts unexpectedly discovered fragments of unique paintwork by Julijs Madernieks.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Festive New Year’s fireworks will cost EUR 22,900 without VAT in Ventspils this year, according to information from the Procurement Monitoring Bureau.