Latviski English По-русски
Ceturtdiena 19.10.2017 | Name days: Drosma, Drosmis, Elīna

Estonian military to accept invitation of Belarus to attend Zapad

Estonian would accept the invitation by Belarus to send observers to the Zapad military drill to be jointly held by Russian and Belarusian armed forces this September, the Commander of the Estonian Defence Forces has stated.

CC: competition distortions created by the state threaten entrepreneurship

Competition Council’s chairperson Skaidrite Abrama confirms the presence of a general disregards for competition neutrality principle among officials. CC once again emphasizes that competition distortions created by the state and municipalities can cause serious risks for the development of businesses in Latvia.

Residents: municipalities should not engage in business activities

47% of Latvian residents believe the private sector is better at managing businesses and only 18% of residents believe municipalities can do a good enough job, according to results of a survey performed by SKDS.

CEC: number of residents who see no point in voting has grown 2.4%

«Don’t see the point in voting» – this is the main reason why some Latvian citizens choose not to participate in elections. 21% of respondents said in a survey realized by Central Election Commission and SKDS they did not participate in this June’s municipal elections.

Find out about interesting documents – proof a person is alive and others

Hope purchase agreement, proof a person is alive and details of a safe’s contents – these are only some of the documents that may seem odd to most people. Nevertheless, they are important documents prepared by notaries in Latvia on a regular basis.

June’s foreign trade turnover in Latvia 19.2% higher than last year

In June 2017, Latvian foreign trade turnover amounted to EUR 2.15 billion, which at current prices was 19.2 % more than in June 2016, of which the exports and imports values of goods were 12.2 % and 25.1 % higher, respectively.

Estonian exports increased by 11% in June on year

Estonian exports in June 2017, compared to June last year, grew by 11 and imports by six percent on year, decreasing somewhat the trade deficit of the Baltic country, Estonian statisticians have estimated.

Estonian Coop Pank to provide banking services in 350 stores

The upcoming Coop Pank bank of the Estonian cooperative company Coop will replace and plans to open bank offices in 350 Coop locations in Estonia.

Unemployment level in Latvia the lowest it has been in the past eight years

Unemployment in Latvia was 7.2% at the beginning of July and 7.1% at the end. This is the lowest unemployment index in the country since 2009, according to data from the State Employment Agency.

Housing support programme provided with additional funding EUR 2.5 million

On Tuesday, 8 August, the Cabinet of Minister decided to allocate additional funding of EUR 2.5 million for Altum development finance institution’s housing support programme to sustain it until the end of the year, BNN was informed by Economy Ministry.

BATL: absurd decisions may cause a complete collapse in Latvia

Problems keep piling up in the transport and logistics industry, which is the second largest national economy industry in Latvia. On top of that, this industry may experience a complete collapse because of two unreasonable and absurd decisions, experts say.

Average consumer price level up 2.6% in Latvia

Compared to July 2016, the average level of consumer prices increased by 2.6 % in July 2017. Prices of goods grew by 2.6 % and prices of services by 2.9 %.

Two Indian citizens denied entry to Latvia

Latvian State Border Guard has apprehended 45 perpetrators at the state border at the beginning of the week. At the same time, two Indian and one Russian citizen were denied entry to Latvia because they had no valid visa or residence permit.

KNAB starts new inspection associated with oligarch case

Corruption Prevention and Combating Bureau has commenced a new inspection associated with the so-called oligarch case. This time the inspection is about possible illegal acceptance of benefits by officials, as confirmed by KNAB management on Tuesday, 8 August.