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Sunday 17.12.2017 | Name days: Teiksma, Hilda

Barometer: Christmas markets in Riga recognized as the most affordable in Europe

This year, Riga will have the most affordable Christmas markets in Europe. Estimates shows that spending time at such markets at a weekend will cost two people around GBP 504 or EUR 570.33, according to the Christmas markets barometer data.

Construction output in Latvia up 25% in Q3 2017

Compared to the corresponding period of 2016, construction output in Latvia has increased by 25 % in Q3 2017. Construction output at current prices amounted to 580.8 million euros.

Business without tax returns – goal to Estonian tax collector

Submitting tax returns to the tax collector i san integral part of doing business, isn’t it? The Estonian Tax and Customs Board thinks otherwise and has voiced its long-term goal of giving up tax returns in favour of data-based information exchange.

Unemployment in Latvia remained unchanged in October – 6.6%

In October 2017, unemployment in Latvia remained unchanged – 6.6%, according to information compiled by the State Employment Agency.

Programme: EC warns – Latvia does not recycle enough waste

Due to insufficient volumes of recycled waste, European Commission’s Environment Directorate in Latvia has commenced an inspection procedure as part of an early-warning system, as reported by De Facto programme of LTV.

Kariņš: new electricity subsidies under Vējoņis’ fold mean «milking people»

The initial version of the legislative project prepared by the Energy Security Commission formed by Latvian President Vējoņis goes against already existing legislative drafts about the structure of Europe’s electricity market and have nothing more in store than «milking the nation», says MEP Krišjānis Kariņš.

Reuters: Poland’s largest bank PKO offers to purchase Luminor

Poland’s largest bank – PKO Bank Polski – has voiced a proposal to purchase Luminor bank, which was formed last month by Swedish Nordea bank and Norwegian DNB bank, as reported Reuters with reference to two anonymous sources.

RB Rail: there is a great deal of interest for Rail Baltica in Finland

During a meeting with Finnish politicians and business representatives, we felt a great deal of interest from them in favour of joining Rail Baltica project, RB Rail representatives say.

KNAB develops rules for basic principles of internal control system

To secure unified understanding of the basic principles that govern internal control system for prevention of corruption and conflicts of interests, a single list of rules has been developed for public institutions, as BNN was informed by Corruption Prevention and Combating Bureau.

Professor: if everything is bad for us nowadays, why do people live longer?

People are often told that one or the other thing is bad for them. I remember hearing once that wristwatches with batteries are bad for health. I’ve even heard that imported lemons are bad for us, or that we would all die if we watch television too long.

Antāne: TM has to prevent collapse of transit sector’s competitiveness within 30 days

Transport Ministry and Latvijas dzelzceļš have roughly 30 days to prevent Latvia from ending up at the top of the list of countries with the highest railway infrastructure fees in the European Union.

Strong wind and precipitation expected in Latvia on Lāčplēsis Day

On Friday, 10 November, an atmospheric front will cross Latvia, bringing short-term rain to the country. Weather will be cloudy and the sky will clear up in the morning and a couple of times during the day, as reported by State Environment, Geology and Meteorology Centre.

NATO defence ministers support formation of two new command structures

NATO defence ministers support the proposal for the formation of two new command structures. One would be responsible for sea route safety for troop and military vehicle transports between North America and Europe. The other one will coordinate movements of military forces within Europe.

Latvia’s foreign trade turnover increased 13.3% in September

In September 2017 Latvian foreign trade turnover amounted to EUR 2.28 billion, which, at current prices, was 13.3 % more than in September 2016, of which the exports value of goods was 7.7 % and imports value of goods was 18.4 % higher.

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