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.
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.
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.
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%.
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.
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.
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.
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.
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.
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.