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Monday 24.07.2017 | Name days: Krista, Kristiāna, Kristiāns, Kristīne

Agriculture Minister: we cannot prohibit foreigners buying land in Latvia

The transitional period for restrictions on foreigners to buy land in Latvia ends in May, next year. The government has supported the extension period, and now «the Deputies have to decide on it,» indicates the Agriculture Minister Janis Duklavs.

Judges have large debt commitments

Debt commitments of several judges exceed even 200 000 euro, which could be linked to the judges’ resistance to the inclusion in the single remuneration system.

Aldaris: Lithuania's decision to extend alcohol sales time sets example for Latvia

The Latvian beer producer AS Aldaris positively evaluates the Lithuanian government’s decision to extend the alcohol trade time by two hours, and hopes that Latvia will follow this example.

Latvia current account surplus - 1% of GDP

Third quarter this year reports positive current account balance, reaching 37 million lats or 1% of the forecast GDP.

Expert: lending will resume only after bigger Swedish banks do that

Latvia will report lending resumption only after two biggest Swedish banks do that, but is seems they do not intend to, says Monetary Policy Department of the Bank of Latvia adviser Mārtiņš Bitans, without mentioning exact banks.

Banks to renew active consumption credit issuing next year

Next year, an important factor for the consumption credit market development will be the consumers’ mood, indicate the surveyed banks, at the same time revealing that they will resume active consumption crediting.

LNT and TV3 might not offer free services

LNT and TV3 might stop free of charge broadcasting services, if the government does not introduce amendments to legislation on broadcasting tariffs.

Maternity benefits term not extended

Although before the elections almost every party talked about the demographical tendencies of Latvia and that it is necessary to promote birthrate, yesterday, On December 2, the parliamentary majority rejected the proposal to extend the term.

Latvia Finance Ministry reveals ministries spending cuts

Today, December 2, the Finance Ministry in National Tripartite Council Meeting specified the ministries expenditure reduction provided in the next year's budget and presented the ministries proposals.

5.4% more taxes scheduled for collection next year

When formulating the next year’s budget, the government plans to charge by 5.4% more in taxes than it was collected this year, informs the Minister of Finance Andris Vilks.

47% of Latvia inhabitants report salary drop in last few months

The remuneration of almost half of the economically-active population of Latvia (47%), aged 18 to 55 years, has decreased during the last 6-8 months.

Riga airport passenger turnover increases by 15.8%

In the eleven months of 2010, Riga International Airport serviced 4 340 195 passengers, which is by 15.8 % or 591 235 passengers more than during the same period last year.