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Tuesday 21.11.2017 | Name days: Andis, Zeltīte

Swedbank: gas tariff rise to affect majority of households

Gas tariff increase from July 1, this year, will affect the majority of Latvian households, according to Swedbank Private Financial Institute’s estimates.

Gas tariff rise to affect 70% of residents' financial situation

Majority (70%) of the economically-active residents of Latvia, aged 18 to 55 years, believes that the gas tariff increase, starting from July 1, this year, will affect their household’s financial situation.

Expert: abandoning pension system to take up several decades

Theoretically, it would be possible to abandon the current pension system; however, this would require several decades, believes Gunārs Kūtris, chief justice of the Constitutional Court.

Latvia to advocate the same EU funding

Latvia’s key priorities in the EU's multi-annual budget for the next programming period (2014/ 20) are: to maintain the Cohesion Policy envelope (financing for structural funds and Cohesion Fund) at least at the same level (of 2007/ 13 programming period) and to attain fair direct payments to all EU member states’ farmers.

Latvia ready to participate in Visaginas nuclear power plant project

The Latvian and Lithuanian Prime Ministers met to discuss the Baltic energy independence, agreeing on the need to strengthen the Baltic States’ position in the EU, jointly defending countries’ interests, including the financial outlook.

Riga Mayor starts rehabilitation in Berlin

On June 22, Riga Mayor Nils Usakovs ends treatment and starts obligatory rehabilitation in Berlin clinic to last up to two weeks. He thanks everyone for support without which he would not be able to consider work plan and return to Riga at all.

Transport Ministry urges airBaltic to ensure new council appointment

The Transport Ministry is calling for AS Air Baltic board to make use of all the possibilities stipulated by the Commercial Law and immediately convene the shareholders' meeting to ensure election of a new council and the company's further successful expansion.

SEB Bank: producer price gains to halt in second half of 2011

Export price surge is slowing down, while domestic market price gains remain strong and are likely to prevail in the coming months as well, notes Dainis Gašpuitis, economist at SEB Bank.