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Wednesday 22.02.2017 | Name days: Rigonda, Adrians, Ārija
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Expert: Latvia still has the highest unemployment level among Baltics

«Tendencies on the labour market will become more positive this year. Queues of unemployed people are expected to decline more quickly. Unemployment will be reduced by negative demographic trends too, but there will not be any sharp changes.

Non-declaration of cash to be applied with fine equal to 5% of the amount

In the event of non-declaration of cash money when crossing the border of the Republic of Latvia, a fine equal to 5% of the amount will be applied. This was decided by the Cabinet of Ministers during the viewing of Finance Ministry’s amendments to the Law on Declaration of Cash at the State Border.

Survey: meat remains one of the main food products in Latvia

90% of Latvian residents aged 20-74 regularly eat meat. For 80% of them, meat is one of the main everyday food products, BNN was informed by meat processing company Forevers.

State Border Guard apprehend 32 perpetrators

On Monday, 20 February, officers of the Latvian State Border Guard apprehended 32 perpetrators attempting to illegally cross the state border.

Authorities to perform in-depth assessment to prevent existing problems in legislation

Court Administration, Organisation for Economic Co-operation and Development and Directorate for Public Governance and Territorial Development will perform an in-depth assessment to identify existing legislative problems that create an administrative burden for businesses.

Finance Ministry reports potential tax changes coming next year

During the meeting with Latvian Pensioners Federation, Finance Ministry announced the possibility of application of 20% tax on revenue from capital that is not re-invested into the company's development.

Residents: situation with Latvia’s security and state defence has improved

Latvian residents’ concerns over state security have reduced, as noted in a study by SKDS ordered by Defence Ministry.

Survey: residents intentionally try to pick services of small businesses

64% of Latvian residents intentionally try to pick services provided by small businesses, according to results of a survey performed by Swedbank Institute of Finances.

VAT reverse payment proposed for construction sector to combat grey economy

Representatives of the Cabinet of Ministers Grey Economy Combating Council, social and cooperation partners have reviewed the State Institutions’ work plan for limiting grey economy in 2016-2020. 60 specific goals were added to the project plan. Realizing those goals will help reduce grey economy to the average level across the EU by 2020.

Nekā Personīga: Harmony's influence – wife’s post in Live Riga taken by mother

After Saeima deputy Sandris Bergmanis wife left her post in Riga Tourism Development Agency’s Live Riga office left for a maternity leave, her place was quickly taken by Bergmanis’ mother, Nekā Personīga reports.

DNB: signing contracts with the bank over Skype will be a reality

By using Skype, the bank’s clients – private and legal persons – will be able to remotely receive all kinds of services: from informative consultations to signing of contracts, BNN was told by DNB Bank.

Rain and snow expected in Latvia this week

A wide low-atmospheric pressure area is currently found above Northern Europe. It will dictate weather conditions in Latvia this week: the sky will remain cloudy and precipitation will come often, as reported by the State Environmental, Geology and Meteorology Centre.

Providus: parties delegate lesser-known members for municipal elections

Although it is currently unclear how many Saeima deputies will be taking part in municipal elections, the reason for such a step could be Saeima’s desire to realize its ambitions on a municipal level, says Providus researcher Iveta Kazoka.

KHL team was on board the aircraft that slid off runway at Riga airport

On Friday, 17 February, an incident involving Vim Airlines charter flight from Ufa took place at Riga International Airport. The aircraft slid on the runway before take-off.

List of Latvia’s most desired employers is unveiled

Latvenergo remains Latvia’s most desired employer for the fifth consecutive year. Latvijas Mobilais Telefons is on the second place and Rimi Latvia is on the third, according to results of a survey performed by cvmarket.lv.

Waze: Latvia is the seventh best country for driving a car

Latvia is the seventh best country in the world for driving a car, according to results of Waze’s Driver Satisfaction Index.

Largest expenses for Latvia’s birthday – funding for children to experience Latvia

The Latvian school bag is the biggest present to Latvian schoolchildren for Latvia’s 100th birthday, said Prime Minister Maris Kucinskis at a press-conference. EUR 13.5 million is planned to be allocated for the education programme. As part of it, children will be able to study outside of schools to learn about important affairs in Latvia.