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Wednesday 26.04.2017 | Name days: Rūsiņš, Sandris, Alīna

More than 45.4 million euros available from Cohesion Fund for water management projects

Financing of more than EUR 45.4 million is available from the European Cohesion Fund for water management projects aimed at improving their accessibility and quality, as reported by the Central Finance and Contracting Agency.

Latvian Finance Ministry increases government debt outlook

Finance Ministry has decided to increase the government debt outlook in Latvia’s Stability programme 2017-2020 for the current and future years.

Study: 61% of Latvians often lash out at family members in stressful situations

Interviewing people with children, 69% of respondents said they often release the stress they bottled up during the day at home in the evening. 61% of respondents said they sometimes lash out at their family members, including children, in stressful situations.

Number of insurance claims for house robberies grows 23% on holidays

In the past three years, the number of insurance claims for compensations for apartment robberies and houses has increased 23% during holidays and celebrations, according to data from BALTA Insurance Company.

Latvia should be careful of adopting Estonia’s model in the tax system

Latvia should watch out for the so-called Estonian model’s introduction in the country’s tax system, says World Bank senior economist Emilija Skroka. World Bank experts are sceptical about this idea.

Lithuanian employers hail new labour bill, trade unionists frown

The enactment of Lithuania’s new Labour Code has been put off for six months, but, now, seemingly all roadblocks have been removed to enacting it from July 1 after the country’s Trilateral Council, consisting of Labour Unions, Government and employer organizations, agreed on the final redaction of the bill.

Three American Chinook transport helicopters to enhance Latvia’s security

This week, three Chinook transport helicopters of U.S. army will arrive at Lielvarde airfield to reinforce Latvia’s National Armed Forces. These helicopters will be stationed in the Baltic region on a permanent basis.

Estonian doctors speak of strikes lasting for months

Estonian healthcare workers have announced political strike after the country’s government did not decide on additional funding for the sector within a deadline. «We have considered our strike funds and I believe that we could be speaking of months, not weeks, when it comes to the possible length of the strike,» secretary general of the Estonian Medical Association Katrin Rehemaa was cited as saying.

Latvian residents: I need to feel safe to be happy

Safety is the main criterion to ensure happiness for Latvian residents in their homes, according to results of a study by international real estate developer company Bonava on residence happiness index.

Forecast: Easter in Latvia to be more like Christmas

Although the week before the holiday started off windy and somewhat sunny, weather is expected to get chilly on Easter, as reported by the State Environment, Geology and Meteorology Centre.

Official: diverting finances from municipal budgets would discourage people from paying taxes

The decision to divert real estate taxes, which are expected to exceed established prediction, from municipal budgets is movement in the wrong direction that will only cause greater damage for residents, believes chairman of Adazi Regional Council Maris Sprindzuks.

Evaluation of Latvian families’ material state worsens

Compared with January, residents were more positive in February about Latvia’s general situation and possible changes for the country’s economic state in the future. However, assessment of material well-being of families has worsened slightly, according to results of a barometer study performed by Baltic International Bank.

Bank: 120,000 people in Latvia use payment cards for purchases

For everyday transactions, residents use contactless payment cards. 120,000 people in Latvia use them, BNN was told by Swedbank representatives.

Around Latvia in 18 days

Architect and marathon runner Dins Vecans wants to break stereotypes about impossible things and wants to inspire society to believe in their dreams. This is why he intends to start an 18-day marathon around Latvia. He plans to start on 18 May.

Expert: Latvia’s export contribution is closely tied to the situation in the EU

It is important to note that a major export value increase was noted in February – by 10.1%. This was largely thanks to growth in exports of transport and other services. With that, service export surplus grew to EUR 175.7 million, fully compensating foreign trade deficit, Finance Ministry comments on data from the Central Statistical Bureau of Latvia.

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