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Ceturtdiena 20.06.2013 | Name days: Rasa, Rasma, Maira

Emigration hits record high in August

In August, 2 300 people left Latvia to live abroad. The number breaks all the records since migration levels are calculated. 13 942 people in total left Latvia in the first eight months of 2011. It is more than a half than a year earlier, according to the Central Statistical Bureau.

Baltic customs officers to rotate to EU's external border this year

All the necessary organizational matters are currently being settled, so that customs officers from the Baltic States could rotate to the European Union's external borders already this year, according to the State Revenue Service.

71% believe new coalition formation talks are not conducted fast enough

Absolute majority (71%) of the economically-active Latvian citizens, aged 18 to 55 years, believes that negotiations on the new government coalition formation are not carried out fast enough.

Unity calls for «rainbow coalition»

On Monday, October 3, Unity discussed in its board meeting the possibility of forming "a rainbow" coalition and government, which would represent all the political parties elected in the 11th Saeima, Prime Minister Valdis Dombrovskis told after Unity and the national association All for Latvia!-TB/LNNK meeting.

State Audit Office: 2010 budget expenditure exceeds the plan by 74%

The State budget policy in 2010 has not met the requirements of the law on budgetary and financial management, reveals Inguna Sudraba, State Auditor General.

Investments in IT don't make State Revenue Service up-to-date

Despite millions placed in information technologies (IT), the State Revenue Service (SRS) is still using messengers to deliver documents.

Auditor General: airBaltic has been run irresponsibly

The events in airBaltic resemble the management of the state, because the national airline has been run as short-sightedly and irresponsibly as Latvia itself, says Inguna Sudraba, Auditor General. The very fact a shareholder himself is not aware of the company's financial situation proves the poor management, she says.

Reinert: Estonia might be the last country to replace national currency with euro

Latvians lack sound national confidence, says the world-famous Norwegian economist Erik Reinert, whose book How Rich Countries Got Rich… and Why Poor Countries Stay Poor is about to be published also in Latvian.

Citadele repays 34.2 million lats state investments

Citadele bank has paid back the Finance Ministry 48.7 million euro (LVL 34.2m), of which 46.6 million euro (LVL 32.8m) had been placed by the state as deposits, while 2.1 million euro (LVL 1.5m) account for the third-quarter interest payments.

Potential soldiers line up to join national armed forces

Despite Latvia abandoned obligatory military service already back in 2006, there is growing popularity in the National Armed Forces (NAF). Since it is more economical to place funds in training professional soldiers, it is no longer economical to restore obligatory military service, Sandra Brale, representative of the Defence Ministry, told the news portal BNN.

University of Latvia teams win in Baltic programming competition

The University of Latvia’s teams have gained the top places in the programming competition, which was organized among 38 student teams from the Baltic universities.

Pietiek.com sees signs of «envelope wages» in Sprudzs' company

The annual report of Zatlers Reform Party's prime minister candidate Edmunds Sprudzs' company Hansaworld Latvia suggests signs of "envelope wages", reports the portal Pietiek.com.

Survey: visa-free regime with Russia would make Latvia’s residents travel more

Almost one in two or 46% of Latvia’s residents admit they would travel to Russia more often if there were visa-free regime between both countries. Moreover, St. Petersburg would be the first travel destination, according to the leading Baltic passenger carrier Lux Express Latvia survey.

Court ruling: ER not allowed to register changes in airBaltic capital

Riga District Court has ruled that the Enterprise Register will not be allowed to make any entries regarding AS Air Baltic Corporation (airBaltic) capital, according to the ER representative Baiba Vismane.

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