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Saturday 16.12.2017 | Name days: Alvīne

Latvia population shrinks by 18.7 thousand people

In early 2011, there were 2 230 000 people living in Latvia – a drop of 18.7 thousand, compared to last year. In 2010, the population decrease accounted for 0.83%, compared to 0.57% in 2009.

Census counts over a million people in Latvia

As of May 10, Census 2011 interviewers have counted 1 million and 138 thousand people in Latvia, which is 73.8% of the total population they have to visit, according to the Central Statistical Bureau.

Public Utilities Commission head: protests triggered Latvenergo tariffs rise

Latvenergo tariffs had to be raised a long time ago, while the price of electricity will drop, when people get used to consuming it more economically, says Valdis Lokenbahs, head of Latvia Public Utilities Commission.

Disabled people might have to choose – pension or benefit

From now on people with disabilities might have to make a choice – whether to receive a disability pension or unemployment benefit in case of job loss, according to the proposal by the Welfare Ministry whose officials indicate disabled people should receive only one benefit.

Expert: quality work environment is important for Latvia population

The most important condition in the context of Latvia’s long-term business development is a good work environment and care of employees, believes the majority or 61% of economically-active residents of Latvia, aged 18 to 55.

Latio: standard apartments segment sees growing activity

Square meter price of a standard apartment in Riga grew two euro in April, totalling 583 euro. All in all, standard apartment price level has remained flat for some period of time already, according to real estate company Latio.

88% of Latvians do not approve of government’s performance

Despite the people of Latvia assess the performance of the government more critically than before and believe the state administration endangers the economic welfare, at the same time they are confident the government will boost the development of the country in future.

Finance Ministry plans to boost EU fund agreements 90%

As of May this year the volume of approved European Union fund projects and agreements can be assessed positively and it is expected by the end of 2011 the proportion of them against the EU funding will comprise about 90%.

State Audit Office discovers infringements in most of Interior Ministry institutions

Latvia State Audit Office's (SAO) report On correctness of preparation of the annual report for 2010 of the Interior Ministry (IM) describes a number of infringements in the most of IM establishments and the Ministry itself as well.

Latvia could restrict cash transactions above 3 000 lats

Amendments to the law on taxes and duties to be reviewed this week in the state secretaries meeting provide restricting legal persons' cash transactions above 3 000 lats.

Expert: Baltic insurance market resumes stable growth

Compensa Life Vienna Insurance Group SE in the Baltics written premiums in 2010 amount to 17 million euro, 3% more than a year before, which suggests stable growth has resumed in the Baltic insurance market.

Foreign trade turnover rises 21.9%

In March 2011, the total foreign trade turnover at current prices was 1128.1 million lats – 21.9% or 202.6 million lats more than a month ago and 38.8% or 315.3 million lats more than in March 2010.

GDP grows 3.4% in first quarter

If comparing to the first quarter of a year before, Latvian gross domestic product (GDP) expanded 3.4% in the 1st quarter of 2011, influenced by growing industry and trade, but dropping construction and the value of collected taxes.

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