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Ceturtdiena 19.10.2017 | Name days: Drosma, Drosmis, Elīna

Estonia wishes to attract 500 foreign ICT specialists in 2018

Estonian Minister of Entrepreneurship and Information Technology voiced government's plans to attract in 2018 no less than 500 foreigners, specialists in the information and communications technology field, to Estonia.

Lithuania willing to call Georgia «Sakartvelo»

Senior Lithuanian politicians have expressed readiness to standartise the name it uses referring to Georgia to «Sakartvelo», rather than the Russified name it now uses, «Gruziya», responding to a long-time diplomatic endeavour of the Caucasus state.

FCMC permits transition of Nordea Bank’s Latvian branch to DNB Bank

The Finance and Capital Market Commission has decided to permit transition of ownership over Nordea Bank AB assets and commitments in Latvia to DNB Bank, as confirmed by the commission.

Latvian citizenship provided to 64 more people this year

On Tuesday, 26 September, the Cabinet of Ministers issued an order to provide Latvian citizenship to 64 people, including three underage youths, who went through naturalization with their parents.

Association: certain municipalities violate the Criminal Law

An absurd situation has formed in Latvia, when society is not properly kept informed of voters’ proposed legislative projects and their signing. Certain municipalities do not provide citizens the right to sign them, thereby violating Section 90 of the Criminal Law, says Open Management Partnership in Latvia representative Ivars Redisons.

Government approves healthcare funding legislative draft

On Tuesday, 26 September, Latvian government approved the healthcare funding legislative draft, which was developed to establish the general outline for healthcare funding system’s principles and regulate the structure of the state mandatory health insurance.

Latvijas Balzams not provided with CIT discount worth 4.24 million euros

On Tuesday, 26 September, Latvian Cabinet of Ministers decided to postpone the decision regarding the proposal to provide Latvijas Balzams with a corporate income tax discount worth EUR 4.24 million for the realization of a large investment project.

Programme: criminal process for Tokyo City envelope wages case commences

Following voiced suspicions regarding payment of envelope wages and tax avoidance at Tokyo City public catering company, Latvian State Revenue Service’s Finance Police has commenced a criminal process, as reported by LTV Aizliegtais paņēmiens programme with reference to unofficial information.

Estonian road carriers fear loss of competitiveness due to fuel excise hikes

Road logistics companies in Estonia dissatisfied with higher fuel duties considerably affecting their competitiveness in the region have turned to the Estonian parliament asking to find solutions to the situation.

Meat products may become 15-20% more expensive in Latvia this year

Pork prices started growing in the second half of last year. The current trend shows that prices will continue growing this year. This means meat product prices may grow 15-20% this year, says meat processing company Forevers chairman Andrejs Ždans.

Altum and EIF programme to allocate 15 million euros for businessmen

Altum development finance institution has signed a long-term cooperation agreement with European Investment Fund, which will provide guarantees for businessmen worth EUR 15 million as part of Cosme programme.

airBaltic ticket prices expected to decline next year

Prices of tickets for flights of Latvian national airBaltic airline may decline somewhat next year, says airBaltic CEO Martin Gauss.

WM: the plan to increase family benefits requires additional EUR 12 million

Because of funding deficit, Welfare Ministry offers correcting the size of state benefits for first, second and every following child in a family, Diena wrote with reference to Welfare Minister Jāņis Reirs.

Ministry: Latvia has resettled 65% of the planned number of refugees

In the two years provided for the completion of the established asylum seeker resettlement project, Latvia has resettled 346 out of 531 asylum seekers, explains Interior Affairs Ministry. This means Latvia will not face sanctions for non-compliance with commitments.

Wild animals to be kept away from Rail Baltica by warning sounds, less fences

A study is conducted in Estonia with researchers suggesting that part of the fences planned for the upcoming Rail Baltica railway could be substituted with sonic animal repellers.

Making of biomethane fuel to be supported in Estonia

In Estonia, applying for state subsidies for the production of biomethane will open from 2018 and the Baltic country seeks to increase the consumption of the domestically produced and more environmentally friendly fuel.