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Saturday 26.05.2018 | Name days: Varis, Eduards, Edvards 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

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.

Most favoured brand in Latvia for second straight year – Google

Google has been recognized as the most loved brand in Latvia for the second year in a row. ranks the second, while the store chain Maxima – the third.

Strautins: intention to save airBaltic is a normal solution

57.6 million lats intended to save the Latvian national airline airBaltic is not too much, given that the company is crucial not only for tourism, but the whole economy in general, says Peteris strautins, DnB Nord bank economist.

Vilks: tarnished airBaltic is a spit in Latvia’s face

Progress has not been achieved in negotiations with the shareholder Baltic Aviation Systems on the national airline airBaltic. There is still uncertainty and it seems that the private shareholder needs more time to make some sort of a change, says the Finance Minister Andris Vilks.

President of Latvia pleased about politicians’ views on solving priority issues

Upon concluding the first round of negotiations with representatives of the political forces elected in the 11th Saeima, the President of Latvia Andris Berzins welcomed the politicians’ opinions on the future fiscal policy’s objectives and basic principles, as well as the employment and demographic priority issue solving.

Criminal case launched against former Jurmala Municipality’s official

The anti-corruption bureau has filed criminal prosecution materials to Jurmala City Prosecutor’s Office, proposing to prosecute former executive of Jurmala Municipality’s company for inaction (breach of duty) that has substantially damaged Municipality’s interests, the anti-corruption bureau informs BNN.

Parex Bank sells leasing companies in Russia

Parex Bank has concluded a deal on selling its Russian subsidiary Parex Leasing and Extroleasing to companies from Unicorbank (Russia) Group, Marita Ozolina-Tumanovska, head of the bank’s Communications and Marketing Directorate, informs the news portal BNN.

Lithuania to decide on organizing dual citizenship referendum

This week, the issue of holding a referendum on the dual citizenship introduction has come to the Lithuanian Parliament's deputies, seeing that the Lithuanian Human Rights Committee plans to include it on the Parliamentary agenda.

Seven banks pay Competition Council’s set fines

Seven out of the twenty-two banks have paid the fine for restrictive agreement on payment card fees, as ordered by the Competition Council.

Criminal proceedings launched against former Patent Office head Aumeisters

The State Police initiated criminal proceedings against Zigrids Aumeisters, former head of the Patent Office. The case was launched over allegations that Aumeisters had carried out double entry bookkeeping due to which over one million lats were hidden at German and Swiss banks’ accounts.

Food prices depend on economy balancing on the edge of crisis

Food and especially meat price surge is expected also in Latvia just like in the rest of the world. However, since global economic processes play a major role in food prices and economists' concern over yet another wave of the crisis is gradually coming true - quite the opposite is expected.

People hardly interested in rights of EU

To encourage positive changes, people must take more active part in municipal and political processes. Residents of Latvia are not making proper use of their rights to get to know all rights of the European Union (EU), it was concluded in discussion Latvian in EU.

Flybe: hard times ahead of many airlines

Slowdown of growth rates accompanied with shrinking economies and gaining fuel prices will soon bring hard times to many airlines, according to Mark Rater, Flybe CEO in Europe. Branch of the joint British and Finnish regional airline Flybe - Flybe Nordic is emerging as one of the top rivals to the Latvian national airline airBaltic.

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