According to the operational information collected by Employment State Agency of Latvia (ESA), currently the rate of unemployment in Latvia is 15%, which means that 170 668 people have registered the status of not having an official work.
Telecommunications company Lattelecom has approached the Competition Council (CC), in order no to allow Baltkom and IZZI merger, reported the newspaper Dienas Bizness.
The head of the market analysis division of Parex Asset Management Zigurds Vaikulis states that Latvia had to start to conduct negotiations with the Russian gas concern Gazprom a long time ago. Vaikulis acknowledges that the information on possible changes in Russian gas purchase processes, as a result of which natural gas could cost less for Latvia, is positive; however, he also indicated that Latvia had to start the negotiations with Russia earlier, because similar processes had already been taking place in Europe for some time.
The largest supermarket chains in Latvia Rimi and Maxima lack employees for dozens of job vacancies. The supermarket chain of Maxima searches for cashiers, salesmen, bakers, cleaners, hall controllers, security guards and even directors of the store. According to the newspaper Telegraf, Rimi faces a similar situation, in addition the offered gross salary ranges from LVL 260 to 500.
In the second quarter of the present year the number of the economically active population of Latvia, as compared with the exact period of the previous year, has shrank by 3.1%, and the rate of registered unemployment amounts to 16.5%.
According to the newspaper Telegraf, the Minister for Economics Artis Kampars has declared that the meating with the management of Gazprom can be considered as successful, because they have agreed to start discussing price reduction for the purchase of natural gas; however, as it turns out the real hero of the story is not Kampars, but Katara.
One of the leading information and communication technologies (ICT) companies in Latvia Lattelecom has expressed its concern about the amendments in the law On the Enterprise Income Tax (EIT) prepared by the Ministry of Finance (MF). The amendments provide tax reliefs to large projects, which Lattelecom believes to be discriminating.
According to the reports of today, the trade of strong alcoholic drinks at night and in the early hours has been banned in Moscow, in order to eliminate the main cause of the damage of the health of Russians - excessive use of alcohol.
According to the data of the government of the USA, the number of insolvency announcements has reached its highest point since the year 2005. The economy of the USA is slowing and the level of unemployment has reached a two-digit number.
The decision of reduced pension contributions to 2nd tier of the pension scheme is a short- term option. The reduced payments could be extended for two years, until 2012, inclusive.
According to Latvijas Avīze, the Prime Minister's nominee from the political association Par Labu Latviju (PLL) Ainars Slesers (Ainārs Šlesers) has announced that PLL will not express its favor to the nominee for the post of Prime Minister from the party Saskanas Centrs (SC) Janis Urbanovics (Jānis Urbanovičs).