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Sunday 27.05.2018 | Name days: Loreta, Dzidra, Gunita, Dzidris

Study: grey economy proportion in Latvia reached 22% last year

The proportion of grey economy in Latvia was 22% of GDP in 2017, which is 1.3 percentage points higher than it was in 2016, according to results of Grey Economy in Baltic States 2008-2017 study.

Estonian opposition cautious about suggestions to cut public sector by half

Kaja Kallas, the leader of the largest Estonian opposition party, has reacted to a group of Estonian business people planning to hammer out apolitical suggestions to reduce the number state officials by half and other far reaching reforms.

Explosion in Estonia to steal money from cash machine

Burglars in the Aravete town in northern Estonia have used an explosion to try to steal money from a cash machine located in grocery shop.

Average real estate property price in Riga remains lower than in Tallinn and Vilnius

Real estate prices in Latvia’s capital city or Riga are behind prices in Tallinn and Vilnius. The price for 1 m2 in Riga is currently around EUR 1,390. Prices reach EUR 1,800 in Tallinn and EUR 1,500 in Vilnius, according to information analysed from kv.ee, city24.ee, dom.ria.com, city24.lv, aruodas.lt and domoplius.lt.

Volume of imported petrol in Latvia down 3.1%; imports of diesel fuel down 7.9%

Compared to a year ago, the volume of petrol imported to Latvia this year declined 3.1% in the first three months of 2018. Imports of diesel fuel have declined 7.9% in the same period of time.

Latvia’s Saeima to form work group to restrict access to propaganda TV channels

On Tuesday, 15 May, Saeima’s Human Rights and Public Affairs Committee decided to form a work group to develop an alternative legislative draft to help limit access to propaganda television channels and reduce their proportion in offers of television service providers.

Number of foreign tourists hosted in Latvia’s tourist accommodations up 15.3%

A total of 454.2 thousand visitors stayed at Latvian tourist accommodation establishments in Q1 2018, which is 14.3 % more than in Q1 2017.

Rail freight volume in Latvia down 10.9% in four months

Compared to the same period of last year, rail freight volume in Latvia dropped by 10.9% in the first four months of 2018 and was 15.673 million tonnes, according to data compiled by Transport Ministry.

Media Council: restriction of propaganda will yield results if we use a systematic approach

Restriction of Russian propaganda in Latvia’s information space will become effective if we oppose it as though it were a system, deputy chief of National Electronic Mass Media Council Ivars Āboliņš told journalists, explaining the new proposals for protection of information space.

SFRS: to make sure bathing season does not start with tragedy, residents urged to be careful

15 May marked the beginning of the official bathing season in Latvia. To make sure it does not start with tragedy, the State Fire and Rescue Service urges residents to follow safety precautions when staying near water.

Court satisfies SIA Lidl Latvija’s request – construction work to continue

Administrative District Court has satisfied the request from SIA Lidl Latvija regarding temporary protection and has restored the permit issued by Riga City Construction Office in July 2017 regarding the construction of a logistics centre on Ulbrokas Street, Riga, says Administrative District Court judge’s assistant Ilze Butkus.

Women make savings for children's future more often than men

Among Baltic States, mothers living in Latvia prepare for their children’s future more actively. Parents in Estonia, on the other hand, are more generous when it comes to diverting money for their children’s future, according to SEB Life Insurance data.

Citadele Index: grey economy has declined in Latvia’s construction sector

Compared to last year, the proportion of construction businesses that point to large and more likely large presence of grey economy in the country’s construction sector has dropped to 12%, according to information from the latest Citadele Index.

Unemployment in Latvia down to 6.7% in April

The unemployment level in Latvia declined to 6.7% in April, which is 0.3 percentage points less than the level recorded in March, according to information compiled by Latvia’s State Employment Agency.

FCMC to announce decision regarding ABLV Bank’s self-liquidation plan in May

Finance and Capital Market Commission plans to announce its decision regarding ABLV Bank’s self-liquidation plan in May, as confirmed by FCMC Communication Office manager Ieva Upleja.

For Latvia’s Development slowly changes its critical views of Harmony and Honour to Serve Riga

A crack has appeared in Riga City Council’s opposition ‘monolith’ against Nils Ušakovs. For Latvia’s Development political party has started slowly changing its critical views of Harmony and Honour to Serve Riga and has started looking to ‘contact points’, Nekā Personīga programme reports.

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