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Cash deposit to ATMs reaches pre-crisis level
Compared to 2007, the volume of deposited cash to SEB Banka ATMs has increased 15 times – from 15.4 million LVL in 2007 to 181.2 million in 2012.
1 commentConsumption prices up by 0.6%
Compared to January of previous year, consumer prices have increased by 0.6%, of which prices for goods increased by 0.7%, but for services – by 0.1%. The annual average rate of change in January 2013 was 2.0%.
Japanese rating agency R&I increases Latvia's credit rating
On Friday, February 8, the Japanese Rating and Investment Information, Inc. (R&I) increased Latvia's credit rating by one point, setting a stable outlook.
Latvian National hockey team wins first qualification match for Sochi 2014
On February 7, Latvia's team won the first qualification match of Sochi 2014 against Britain's team with a score of 6:2 (2:1, 1:0, 3:1).
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Internationally recognized artists to perform at Riga Circus
Starting from February 1, Riga Circus will be presenting a new program “Circus Gemstones.” It will feature artists whose talents were recognized in different circus festivals around the world. The program will feature performances with animals, acrobats, clowns and other circus artists.
Farmers' protests in Brussels
On Friday, February 7, more than 100 farmers from all three Baltic countries came to Brussels to address unfair distribution of agriculture budgets under current Common Agricultural Policy (CAP) terms - and to ensure that the distribution of the 2014-2020 budget will be more balanced.
Saeima conceptually supports shorter terms for construction permit challenging
On Thursday, February 7, the Saeima conceptually supported amendments compiled by five officials to the Construction Law. These amendments suggest shorter terms for challenging construction permits.
Number of Latvians born abroad grows by 18%
Last year, 3 364 newborn children of Latvians living abroad were registered for Latvian citizenship. This is 18% more than there were in 2011, when 2 860 newborn children were registered for citizenship abroad.
Petrol price nears 1 LVL per litre
Statoil has increased the price for 95 brand petrol by 0.01 LVL. With that, the price has come close to 1 LVL per litre.
Saeima supports reduction of municipal officials
On Thursday, February 7, the Saeima conceptually supported amendments to the Municipal Elections Law in the first reading. Amendments provide for the reduction of the number of municipal officials.
Latvian Post earns 3.7 million LVL in 2012
After a long period of losses, Latvian Post (LP) has concluded 2012 with revenue of nearly 3.7 million LVL. The enterprise's net turnover increased by 1.3 million LVL, reaching 41.1 million LVL in 2012.
Ventbunkers sees 39% increase in volume of handled cargo
AS Ventbunkers terminal has handled more than 377 000 tons of oil products in the first month of 2013. This shows a 39% increase compared to the same month of 2012.
Fog delays air traffic at Riga International airport
Morning of Thursday, February 7, air traffic at Riga International airport delayed due to thick fog. Because of this, a number of aircraft are unable to land.
Decisions to be made on submitting municipal referendum to the Saeima
On Thursday, February 7, the Saeima will decide on the new draft law – Domestic Municipalities Referendum Law – its submission to the commission for review.
EU Affairs Commission: EU budget talks will be complicated
Given all the different opinions of EU member states and their interests in the EU 2014-2020 budget, the expected talks during the European Council summit will be especially complicated, believes the Chairman of the European Affairs Commission Zanda Kalnina-Lukasevica.
Loans no longer be issued to persons that just reached legal adulthood
Members of the Latvian Association of Non-bank Creditors (LANC) have agreed that, starting from February 11, credits will no longer be issued to 18 and 19 year old young people. This restriction will remain in force until the state forms a singe credit register, as well as secure an opportunity to check a person's income level.
Average payments of housing credits reduce by 9%
Along with EURIBOR money market's rate reduction, the interest rates of issued credits reduced as well last year. As a result the monthly credit payment amounts decreased by an average of 9% during 2012, allowing households save up to 16 LVL per month (192 LVL a year).
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
Survey: popularity of current Ventspils management is below 50%
Economic Diary: Smash Business with Taxes
Oil deposit exploration in Latvia's waters; project managed by people close to Lembergs
Energy and taxes to be discussed in EU summit
Friendship with Unity – the only thing that keeps Prudentia afloat?
Prudentia distances from the consequences of the advices it once gave
PHOTO: Gumball 3000 lifestyle rally in Riga
More than 20 000 enthusiasts to run in the Nordea Riga marathon
500 kg large aircraft bomb found at Ventspils port
Economy Minister: Russian business interest increases in Latvia
Apple and other great American companies that keep mountains of cash overseas
Cypriot banks launder money, leaked EU report reads
Russia angry over Azerbaijan's Eurovision mistake
May 21 in pictures
Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
VIDEO: The birth of a snowflake
VIDEO: World's most dangerous marketplace
Photos of the week, 2013.05.24.
May 23 in pictures
May 22 in pictures
May 20 in pictures
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