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Latvia population to drop 25.6% by 2060
The number of Latvia’s residents will be down 12.7% by 2035, forming a 25.6% decrease by 2060, based on 2010 estimates with 2.248 million people living in Latvia.
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State budget deficit – 297 million lats
In the first five months of 2011, the state budget revenues comprised 1.49 billion lats, while expenditure – 1.79 billion lats, forming a financial deficit of 297 million lats.
PhotoState Revenue Service collects 1.7% more revenues in May
This May, the State Revenue Service administered tax revenues comprised 332.4 million lats – 1.7% or 5.48 million lats more than planned in this period, according to the information available on the SRS website.
49 000 jobless persons to be employed for 23 million lats
Welfare Ministry plans to involve 49 000 jobless persons in temporary jobs over the next two years as a replacement for the hundred-lats programme, says Imants Lipskis, representative of the Welfare Ministry.
Polish strawberry harvest outrivals Lithuanian and Spanish one
The actual strawberry season in Latvia is still to come – currently local strawberries are only available at certain large cities’ markets and for three to six times higher price as the ones imported from Poland.
Expert suggests whip to fight shadow economy
Behaviour of people in terms of taxes can be changed with the help of a «whip mechanism», says Jānis Butkevičs, head of Latvian Chamber of Commerce and Industry Politics department.
Latvia uses 2.611 billion lats from the international loan
Latvia has spent 2.611 billion lats from the international loan program funds, according to the report to the Saeima reviewed by the Cabinet of Ministers on Tuesday, June 7.
Economists: annual inflation nears 5% in May
Compared to May 2010, consumer prices in Latvia climbed 4.8% up to 4.9% in May 2011. On a monthly basis, the price climb was relatively small – rising 0.3% up to 0.4%, economists say.
Moody’s upgrades Latvia’s future outlook
On Monday, June 6, the rating agency Moody's improved Latvia’s future outlook from stable to positive, maintaining the credit rating at the previous level (Baa3), the Finance Ministry informs the business news portal BNN.
Economist: 2012 budget formulation crucial for market sentiment
Financial markets are not excited about any short-term political uncertainty; however, in the current situation the 2012 state budget formulation will be crucial for the further development and market sentiment, considers Elmārs Zakulis, deputy head of Bank of Latvia Monetary Policy Department.
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
May 20 in pictures
Latvia approves amendments regarding double citizenship
Latvia's foreign trade export is growing faster than import
Latvian fuel traders: National Alliance wants to destroy domestic companies
Latvenergo's profits drop by 18.5% in 2012
Slow-down in Estonia’s growth expected
Searches carried out at homes and offices of Liepājas metalurgs Board and sharholders
Paul Krugman declined participation in the First Riga Economic Forum
HM: smoking in the presence of a child is considered abuse
Bathing season officially open in Latvia
Latvia's living costs reach record high level
Latvia's problem of unemployed youth is reducing in scale
Infographic: How teens' habits threaten the future of Facebook
Bloomberg: The eurozone must be split to save EU
May 16 in pictures
Japan's economy shows recovery signs
Richter's painting becomes most expensive work of living artist
Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
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VIDEO: World's most dangerous marketplace
Photos of the week, 2013.05.17.
May 15 in pictures
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