On 4 January 2017, Riga City Northern District Court will view the insolvency case of Baltic Aviation Systems. Eurobalt Junipro turned to court with a case against the company, as confirmed by the court.
Welfare Ministry announces multiple major changes that will come into force in the social policy, social protection, children’s rights and family affairs in 2017.
The new head of the State Employment Agency Evita Simsone mentioned the entry of disabled people to the labour market as one of the new priorities for the institution. When asked about her vision and what needs to change in the institution, Simsone said she intends to continue the work the agency has been performing for the past 25 years.
No significant changes with weather are expected for Tuesday and Wednesday in Latvia. The active cyclone hovering above Latvia will ensure precipitation-rich period in the country. Wind speed will pick up to reach 25 m/sec on the night to Wednesday in Latvia’s coastal regions.
Kaspersky Lab has performed a study to determine children of which countries have been behaving risky on the internet this year. Based on statistical data from Christmas Control Module, the study showed that the majority of attempts of young users to access websites with inappropriate content was registered in Israel (775 blocked attempts per user), followed by UK (460), USA (352), Sweden (345) and Canada (302).
Latvian Shipping Company has achieved an agreement in regards to loan contract conditions with a three-bank syndicate – HSH Nordbank, DVB Bank SE, SEB (Stockholm) – for the refinancing of the USD 360 million loan.
On Thursday, 22 December, Saeima asked the parliamentary Social and Employment Matters Committee and Budget Finance Committee to review the proposal to lift the application of PIT on pensions.
As the year comes closer to its end, residents become more and more positive. Compared with October, residents’ overall prediction for the future has improved by three points. Optimistic changes are also noted in general expectations, which have improved by two points.
The first two ten-day periods of December have been warmer than the norm; multiple air temperature records have been exceeded. It is expected that air temperature across most of the country will remain above 0° C for Christmas as well.
On Thursday, 22 December, members of the Saeima will gather on the final autumn session of the year. There are 38 matters on the meeting’s agenda.
Looking at changes of their financial situation, one-third of Latvian residents said the situation in their household has improved. Another one-third mentioned their situation has worsened.
Minimal wage increase, not labour pay system for workers of certain sectors and amendments to unemployment benefits – these and other major legislative changes will come into force in Latvia next year and will affect all Latvian residents, as stated by SEB bank economist Dainis Gaspuitis.
Riga City Council intends to keep budget priorities the same for 2017. This includes social assistance, support for families, education and security. It is also planned to divert significant funds towards repairs of streets and education institutions.
Starting from 2017, micro-enterprise tax rate in Latvia will be 15% of turnover. At the same time, the government has decided to cancel the introduction of minimal social insurance fees. This is provided by amendments to Micro-enterprise Tax Law and State Social Insurance Law approved by the Saeima on Tuesday, 20 December.