bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Sunday 17.12.2017 | Name days: Teiksma, Hilda

Week in Lithuania. Lithuanian satellite launched to space

Lituanica SAT-2, a satellite developed by scientists of the Vilnius University and NanoAvionics company, was launched to space on a rocket from India on Friday, June 23.

Employers: to increase wages, tax rise must not be allowed

«Social and cooperation partners have taken active part in the development of tax reform guidelines. Nevertheless, the ruling coalition is taking its time with making this important decision. On top of that, the ruling coalition is ignoring opinions from employers and employees,» say Latvian Employers' Confederation.

LOS: chopping down trees while bird eggs are still in nests is intentional murder

Estimates presented by Latvian Ornithological Society show that every year more than 50,000 bird nests are destroyed by logging every year.

Entire week expected to be rainy in Latvia

This week’s weather is expected to be volatile in Latvia. Air temperature this week will not exceed +25° C, according to the forecast from the State Environment, Geology and Meteorology Centre.

Real estate purchase «pain threshold» in Latvia – EUR 100,000

In relation to the possibility of purchasing a new home, Latvian residents view EUR 100,000 as the «pain threshold». The critical border for new project apartments is 1,300 EUR/m2. For standard apartments it is 1,000 EUR/m2. For private homes it is 1,600 EUR/m2, according to results of a study by PrivatBank.

Study: water can help improve memory

For years, dieting and healthy lifestyle specialists have been preaching the importance of sufficient water consumption. Water is known to have a beneficial effect on the function of the human organism. Most importantly – water helps improve the sharpness of our minds.

Lithuania set to limit cash payments to 3,000 euros

The Farmers and Peasants-led Lithuanian Cabinet has approved a draft bill envisioning restrictions on use of cash, limiting the kind of settlements up to 3,000 euro.

Saeima establishes indexation increase for pensioners with high seniority

On Thursday, 22 June, Latvia’s Saeima approved Social and Employment Matters Committee’s prepared amendments to the Pension Law in two readings, ensuring greater pension indexation for multiple pensioner groups next year.

Rail Baltica agreement will allow trains to travel at 240 km/h

Saeima of the Republic of Latvia will soon ratify Rail Baltica agreement, which is expected to allow passenger trains to travel at a speed of 240 km/h instead of 120 km/h. Higher travel speed will also ensure cargoes from Tallinn reach Poland within two days.

Latvian businessmen use e-commerce opportunities for business development

With e-commerce volumes growing around the world, Latvian businessmen use it more and more often for business development, including exports of goods and services. As noted by DPD, the number of packages sent to foreign countries grew 22% last year.

Latvia wishes to change its state president’s election process

Reviewing proposals to change the state president’s election process, Saeima’s Legal Affairs Committee decided to submit proposals developed by the work group to different Saeima factions for review, as BNN was informed by Saeima’s press-service.

Saeima plans to introduce personalized voter cards

For next year’s Saeima elections, voters who only have an ID card and no valid passport are planned to be provided with personalized voter cards.

Producer price level in industry up 0.4% in Latvia

Compared to April, the level of producer prices in Latvian industry grew by 0.4 % in May 2017. The prices of products sold on the domestic market increased by 0.3 %, whereas the prices of exported products grew by 0.5 %. The prices of products exported to euro area countries grew by 0.8 % and of products exported to non-euro area countries – by 0.4 %.

Most universities in Estonia to cut number of new students this year

Three of the four universities working in Estonia have expressed plans to bring down the number of admissions in the coming academic year.

Foreign investors do not support amendments proposed for Financial Instruments Market

The Foreign Investors Council in Latvia does not support proposals for protection of rights of minority shareholders, which are include and proposed in amendments to the Law on the Financial Instruments Market.

Latvian government asked to compensate profits lost from rejecting Nord Stream 2

Considering the stance of the Latvian Republic in relation to Nord Stream 2 project, in which the Cabinet of Ministers decided not to permit the participation of Ventspils Freeport, Noord Natie Ventspils Terminal and Baltic Express have decided to ask the government to compensate lost profits. An official request has been submitted to the prime ministers.

Newest comments