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Monday 18.06.2018 | Name days: Madis, Alberts

Policemen to receive uniform compensation – 85 lats

When planning the funds for 2011 the State Police found the possibility to pay out uniform compensation in February to the officials with special service ranks, the business news portal BNN was informed by the State Police spokeswoman Zane Maskaļonoka.

Consolidation of 60 –70 million lats required not to cut family benefits

If the state family benefits are maintained at their current level, this year the budget consolidation will be carried out at even greater extent – 60 to 70 million lats, the Finance Minister Andris Vilks ponts out.

Residence permits – a catch for millions

The amount of investments placed in order to obtain a residence permit could triple by the end of the year, surpassing 100 million euro.

Experts: industrial growth needs investments

The industrial output of December was affected by the weather conditions and shrinking number of orders, believe economists, indicating that export and investments will ensure the industrial growth in 2011.

Illegal tobacco comprises 38% of Latvian market

Last December illegal tobacco market share amounted to 38% in Latvia , according to TNS Latvia study. The same figure comprised 47% in Lithuania and 19% in Estonia.

Baltic States no longer an isolated energy island

In 2015 Estonia, Latvia and Lithuania will become a part of the common European Union energy market due to new gas and electricity supply channels.

Industrial output grew 13.9% last year

Compared to 2009, in 2010 the industrial production output has increased by 13.9%, totalling 4121.1 million lats, indicates the Central Statistical Bureau data.

Real estate market activity not to drop

In January 2011 the serial apartment prices in Riga remained at the level of the previous months and are considered to be stable. The first month of 2011 reported a rise in the number of people willing to sell their flats due to high public utilities bills or debts and purchase a flat with smaller living space instead, indicates Latio's housing market report.

E-mail users warned to beware

The Communications Regulatory Authority of Lithuania is warning about e-mails comprising suspicious advertisements.

Organizations plan basic salary increase

Entrepreneurs expect wage rise along with higher performance rate achievement by employees, reveals the labour market outlook survey by Fontes.

Business to need hard-working immigrants

By the year 2060 Latvia will have the fastest drop in the number of inhabitants in Europe, according to the European Union (EU) statistics office Eurostat forecasts. While the Latvian economists argue the shortage in labour market will take place already in six to seven years

Criticism on the new Latvenergo tariff project

The Public Utilities Commission is criticizing AS Latvenergo submitted tariff project, providing related users are applied differentiated tariff, as not complying with legal acts. The Ministries of Welfare and Environmental Protection and Regional Development are also objecting to the new tariff.

State securities worth two million lats to be auctioned

Today, February 3, the state long-term fixed-rate bond auction will take place, where securities at the extent of two million lats will be issued.

Macro-economic indicators index grows by 5.3%

The macro-economic indicators composite index has surged 5.3% in December 2010, compared to the corresponding period of the previous year.

Latvia hits flu epidemic threshold

Latvian average incidence of influenza or flu exceeded epidemic levels in the fourth week of January, according to the Infectology Center of Latvia.