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.
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).
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.
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.
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.
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.
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.
On Thursday, February 7, the Saeima will decide on the new draft law – Domestic Municipalities Referendum Law – its submission to the commission for review.
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.
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.
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).