A funding programme worth five million euros to develop 25 small ports in Estonia has been signed by Estonian Minister of Entrepreneurship and Information Technology.
Latvian State Revenue Service reports that some users of the Electronic Declaration Systems may experience connectivity issues.
1 March 2017 marks the entry into force of the new excise tax rate on alcoholic drinks in Latvia. State Revenue Service urges licensed traders to take inventory and perform payments of excise tax difference to the state budget before 18 April.
In his conversation with Palestine’s Foreign Affairs Minister Riad Malki, Latvian Foreign Affairs Minister Edgars Rinkevics expressed support to the solution between Palestine and Israel.
Latvian State Police have detained two individuals who have been engaged in pimping for a long time, having forced at least five women in prostitution. The youngest woman forced to work as a prostitute is not even 18, police say.
«Residents who earned wages up to EUR 1,000 before taxes in 2016 will be able to recover part of non-taxable allowance by submitting income declaration,» explains expert of Swedbank Institute for Finances Evija Kropa.
Registration of enterprises in Latvia will no longer be tied to a specific geographical location. It will be allowed to be performed in any regional office. This is provided by amendments to the Law on Register of Enterprises prepared by Latvian Saeima’s Legal Affairs Committee for the third and final reading on Tuesday, 28 February.
In 2016, Latvia’s GDP had increased by 2.0 %. GDP at current prices amounted to EUR 25 billion, whereas at constant prices – to EUR 21.8 billion.
Compared to December 2016, in January 2017 the level of construction costs in Latvia increased by 0.3 %. Prices of building materials rose by 0.9 %, whereas labour remuneration of workers decreased by 0.4 % and maintenance and operational costs of machinery and equipment dropped by 0.2 %.
Next year, Latvia’s healthcare system should receive at least EUR 150 million to accommodate changes brought by reforms, said Healthcare Minister Anda Caksa in an interview to LNT on 28 February.
Estonian renewable energy firm 4Energia has been permitted to build a 700 MW to 1,000 MW off-shore wind farm northwest of the island of Hiiumaa in the Baltic Sea.
The most serious deficit of workers in Latvia is noted in sectors like IT, processing industry and transports, said Evita Simsone, Director of the State Employment Agency, in an interview to Latvijas Radio.
Estonian Minster of Justice Urmas Reinsalu is pushing for new rules that would prevent present and former public servants and politicians from having hidden business interests. «I instructed the ministry to work out certain rules concerning the prevention of the acquisition of concealed holdings or concealed options by those who have left positions of public power or are exercising power,» Reinsalu stated on Monday.
Lithuanian Food and Veterinary Service reports that laboratory tests uncovered the presence of a highly pathogenic avian influenza in samples taken from six swans that were found dead in Kaunas near Nemuna River.
Pharmaceutical company Olainfarm plans to add previously bought pharmacies to its owned Latvijas aptieka brand, according to information from Firmas.lv.
Using single-time and monthly payments, Latvian Healthcare Ministry hopes to attract doctors to work outside of Riga.
Finance Ministry promises cheaper life for Latvian residents. However, reduction of PIT would impact municipalities the most. Because of that, a situation has formed when Aivars Lembergs, the infamous Mayor of Ventspils accused of serious crimes, and Finance Minister Dana Reizniece-Ozola have come head to head.
The total profits of Estonian firms in 2016 have continued to decrease for the second year in a row and were 2.7 billion euros last year, which is a 10% fall, if compared to 2015.