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Only 15% approve of what Latvia has achieved in 20 years of independence
In August, 2011, Latvia celebrates 20 years of its de facto independence. However only 15% of all its economically active population aged 18-55 approve of what has been achieved during these years.
Dropping numbers of small households
The number of small scale farmers has plummeted 38% in the past five years, mostly, due to lack of current assets, appropriate equipment and workforce.
First Latvian mobile websites statistics released
The international online research company Gemius has for the first time released a report on Latvian websites’ page views. It contains gemiusTraffic statistics on the number of eight mobile websites’ cookies, pages views and visits in July 2011.
4 commentsCitadele official detained for asking 50 000 euro bribe
Corruption Prevention and Combating Bureau has detained an official of a partly-state-owned credit institution - bank Citadele - for asking a 50 000 euro bribe and also accepting part of it from a business entity.
Growing number of tourists staying over-night in Riga
In July 2011, the average hotel occupancy rate in Riga was up 24%, hitting 80%, while the number of passengers arriving at Riga Passenger Terminal rose 16%.
Tax debts to budget hit 873.55 million lats
In early August, debts total 873.55 million lats in the Latvian budget, of which debts to the state budget account for 545.52 million lats, liabilities with municipal budget make up 201.35 million lats and debts from social insurance contributions - 126.68 million lats.
Expert: crisis to last for another seven years
The economic crisis is not over – it will continue for about ten years, of which only three years have passed so far, believes Ojars Karcevskis, president of the Latvian Fuel Traders’ Association.
16% of population listen to pre-election promises
Only 16% of economically-active residents of Latvia admit they listen to politicians’ pre-election promises – 3% of the economically-active population claim they definitely do this, while 13% recognize they rather take notice of pre-election promises.
Lattelecom to boost profitability in 2011, retaining the same turnover
The fixed telephony network and pay-TV operator Lattelecom intends to conclude this year with approximately the same turnover as last year and with slightly higher profitability, indicates Juris Gulbis, chairman of the company’s board.
Municipal company Rigas udens profit drops sharply
Rigas udens, municipal company owned by the Riga City Council, concluded the past year with 144 thousand lats in profit - 14 times less than a year earlier.
Economist: labour market keeps recovering
Over the year, the number of employees has risen 3.3% or by 30.5 thousand, and these data cancel out talks on economic recovery without job creation in Latvia, says Olegs Krasnopjorovs, economist at the Bank of Latvia.
Industrial producer prices surge 8% year-on-year
Compared to June, the overall industrial producer price level in Latvia was up 0.7% in July 2011. Producer prices increased 0.4% for products sold on the domestic market, while rising 1.2% for the exported goods.
Uncertainty over planned austerity measures worries 73% of population
The current budget consolidation has been postponed until the end of 2011, so majority (73%) of the economically-active residents of Latvia aged 18 – 55 years are concerned about the uncertainty regarding planned austerity measures in 2012.
Dutch investors to attract 50 million lats to Baltic region
After a long period of stagnation, the gradually recovering economy of Latvia has attracted foreign investors’ interest. Therefore, aiming to invest in the prospective Latvian and Baltic companies' expansion, the Dutch company BGF.BV is launching its operations in this region, indicates Artis Davidnieks, company's authorized representative.
Riga Mayoral candidate: Baiba Broke – says one thing, but does the opposite
Latvia approves amendments regarding double citizenship
Economic Diary. The state overcame the crisis, the people did not
Latvian fuel traders: National Alliance wants to destroy domestic companies
Searches carried out at homes and offices of Liepājas metalurgs Board and sharholders
Liepājas metalurgs transfers millions to firm involved in criminal proceedings
Slow-down in Estonia’s growth expected
The world celebrates Mother's Day
Paul Krugman declined participation in the First Riga Economic Forum
Latvia’s construction volume up by 9.8%
Bathing season officially open in Latvia
Bloomberg: The eurozone must be split to save EU
Syrian rebel «eats soldier's heart»
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Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
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