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Non-banking lenders' issued loans – down 16.9%
Compared to the same period last year, loans issued by non-banking lenders dropped 16.9% in the first quarter of 2011.
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Latvia's industrial producer prices – second highest in EU
Compared to April, producer prices in the EU fell 0.3% in May 2011, while in the eurozone – by 0.2%. Month-on-month, Latvia reported the second largest price gains in the EU, hitting 1.3%, indicate Eurostat data.
Survey: 54% of Latvian travellers themselves book hotel online
More than half of people setting out for a travel or business trip themselves find and book a hotel via the Internet, according to a survey by the price comparison site Gudriem.lv.
Most dangerous industries in Latvia – woodworking, construction and transport
In terms of number of accidents, woodworking, construction and transport are the most dangerous sectors in Latvia; moreover, workers with one-year experience suffer the most at workplace accidents.
Latvia to run out of reimbursable medicines funding
Along with growing number of patients, the funding of reimbursable drugs is in threats of getting a deficit of five million lats. However, the medicinal product funding in Latvia is still the lowest in the Baltic States and has been assessed as critical by the EU.
Skele mulls over options to liquidate People’s Party
The politician and businessman Andris Skele has discussed the possibilities of liquidating the People’s Party with its members. This would enable the party to avoid repaying 1.03 million lats for unlawfully spending funds on the «positivism campaign».
75% of Latvia’s citizens plan to vote on Saeima dissolution at referendum
During the referendum, the absolute majority (75%) of the economically-active citizens of Latvia, aged 18 to 55 years, are going to vote on the Saeima dissolution, suggests a survey conducted in late June 2011 by TNS Latvia and broadcast 900 sekundes.
Estonians convinced their financial situation will worsen within a year
Majority or 67.6% of Estonia’s residents are sure that after a year their financial situation will be worse than the current one.
Swedbank: gas tariff rise to affect majority of households
Gas tariff increase from July 1, this year, will affect the majority of Latvian households, according to Swedbank Private Financial Institute’s estimates.
NP Foods contests Danish professor for false allegations about waffles
The company NP Foods has filed an application to the Competition Council regarding unfair competition actions against its managed enterprises AS Laima and AS Staburadze.
Noord Natie Ventspils Terminals’ board member shot dead (updated)
The board member of Noord Natie Ventspils Terminals Sergei Goncharov was shot dead on July 1 morning.
Gas tariff rise to affect 70% of residents' financial situation
Majority (70%) of the economically-active residents of Latvia, aged 18 to 55 years, believes that the gas tariff increase, starting from July 1, this year, will affect their household’s financial situation.
Expert: abandoning pension system to take up several decades
Theoretically, it would be possible to abandon the current pension system; however, this would require several decades, believes Gunārs Kūtris, chief justice of the Constitutional Court.
28 tonnes of clothing and footwear donated to needy people
With the support of the association Latvijas Zaļais punkts 28 tonnes of clothing and footwear were donated for charity by the residents of Latvia.
Latvia to advocate the same EU funding
Latvia’s key priorities in the EU's multi-annual budget for the next programming period (2014/ 20) are: to maintain the Cohesion Policy envelope (financing for structural funds and Cohesion Fund) at least at the same level (of 2007/ 13 programming period) and to attain fair direct payments to all EU member states’ farmers.
No drivers licence needed in Estonia from July 1
Starting from Friday, July 1, a law comes into force in Estonia, enabling car drivers to leave their driving license and technical certificate at home. The only condition – drivers must carry with them a personal identity document.
May 21 in pictures
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
Survey: popularity of current Ventspils management is below 50%
Economic Diary: Smash Business with Taxes
Latvia's foreign trade export is growing faster than import
Latvenergo's profits drop by 18.5% in 2012
Slow-down in Estonia’s growth expected
Searches carried out at homes and offices of Liepājas metalurgs Board and sharholders
PAA bath manufacturer modernizes production plant and creates Silk Stone material
Paul Krugman declined participation in the First Riga Economic Forum
Friendship between Unity and Prudentia: gigantic losses for state budget
HM: smoking in the presence of a child is considered abuse
Bathing season officially open in Latvia
Latvia's living costs reach record high level
Infographic: How teens' habits threaten the future of Facebook
Petrol price fixing scandal: oil giant bosses to be jailed if found guilty
Bloomberg: The eurozone must be split to save EU
French President: austerity endangers EU
May 16 in pictures
Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
VIDEO: The birth of a snowflake
VIDEO: World's most dangerous marketplace
May 20 in pictures
Photos of the week, 2013.05.17.
May 15 in pictures
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