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Monday 18.12.2017 | Name days: Klinta, Kristaps, Kristofers, Krists

Court assesses ruling on freezing Lembergs' assets

On October 17, Riga District Court is set to assess Riga City Vidzeme Suburb Court decision to recognize and enforce the High Court of England and Wales ruling on freezing Ventspils Mayor Aivars Lembergs’ assets worth 135 million U.S. dollars (LVL 66.69 mln).

Government budget deficit in 2010 – 8.3% of GDP

In 2010, the general government budget deficit hit 1 060.3 million lats or 8.3% of GDP. While the general government debt stood at 5 694.6 million lats or 44.7% of GDP, according to the Central Statistical Bureau’s data prepared in line with the methodology of ESA' 95.

Latvia to consider Austria’s experience in unregistered unemployment reduction

The Welfare Ministry plans to take into account Austria’s experience when drafting a normative regulation for the State Employment Agency in cases where there are suspicions about unregistered employment of jobless people, the Ministry’s representatives inform after experience exchange seminar in Austria last week.

41% of residents ready for new crisis

After assessing the population's financial health, it is possible to say that only around 41% of Latvia’s households are well prepared for another crisis, says Reinis Jansons, head of Swedbank Investment Products.

Slesers Reform Party LFP/LW to be liquidated

Riga City Council's deputies elected from the party Latvian First Party/Latvia’s Way have decided to initiate the liquidation of Slesers Reform Party LFP/LW, citing poor Saeima election outcome as the reason.

Zatlers calls his former party members move «low blow»

"It's a low blow for both the government and the Prime Minister Valdis Dombrovskis," says Zatlers Reform Party's leader Valdis Zatlers, when commenting on six ZRP members quitting the party.

Rutkaste: this is a confidence crisis

Firstly, the crisis in the world is a confidence crisis, as the past decade was based on a debt-accumulation model, with debts soaring up to a level where nobody believed that they will ever be recovered, considers Uldis Rutkaste, deputy head of the Bank of Latvia Monetary Policy Department.

Three skinheads accused of desecrating Jewish graves

Riga District Court Prosecutor's Office has launched criminal proceedings against three skinheads accused of desecrating the New Jewish Cemetery, according to Laura Pakalne, press secretary of the Prosecutor's Office.

Latvia abandons death penalty

According to the Saeima decision adopted on October 13, Latvia is abandoning death penalty also for war crimes, the parliamentary press service informs.

New coalition to continue negotiating over ministerial posts

After a one-day break, the political forces forming the new coalition – Zatlers Reform Party, Unity and the national association AFL!-FF/LNNK – will continue to negotiate on October 14 the areas of responsibility and potential ministerial candidates.

Candidates to CPCB head’s post to be decided

The State Chancellery assessment committee’s meeting will take place on Friday, October 14. It will decide on candidates to the CPCB director’s post. This meeting will conclude the first round of the competition, after which the committee will announce the candidates that were put forward to the second round.