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Saturday 21.10.2017 | Name days: Severīns, Urzula

Latvian State Forests to support next year's budget

Latvian State Forests (a/s Latvijas valsts meži) will support the state budget revenue in 2011 with record high dividends, provides the next year's budget draft prepared by the government and reviewed by the Saeima.

23.3% more cars registered in Latvia this year

In eleven months of the year, 4 372 new cars have been registered in Latvia, which is 826 or 23.3% more than in the exact period of 2009.

State Audit Office: RTSD service tariffs are not grounded

The charges of some services stipulated by the VAS Road Traffic Safety Directorate are unjustified, the State Audit Office established during the audit.

Economist: Latvia can face similar economic stagnation as Japan

Without introducing changes to the national economy policy, Latvia risks facing the same economic stagnation as Japan, not reporting rapid economic growth for years already, said the economist Ojārs Kehris.

EU Commissioner: media freedom – one of democracy and human rights guarantees

When describing the events at the newspaper Telegraf, where, after a conflict with the new owner’s representatives, the editor-in-chief had to leave, the European Union Commissioner Andris Piebalgs emphasizes one of the democracy and human rights guarantees is exactly the media freedom.

Economist: government hopes for miracles

The government has not kept its promises about 2011 budget formulation, demonstrating it is not willing to face the actual problems. They are hoping for miracles instead, the economist Vjačeslavs Dombrovskis is convinced.

Corruption Prevention and Combating Bureau employees received huge bonuses

Corruption Prevention and Combating Bureau (CPCB) employees were paid more than two million lats in bonuses during 2003 to 2008, according to the CPCB financial reports.

WikiLeaks: last year Sweden gave 50% chance – Latvia will face economic collapse and devalue the lat

When meeting with the US ambassador in the autumn of 2009, Sweden’s Finance Minister Anders Borg expressed confidence – there is a 50% chance that the lat will be devalued by the end of the year and the Baltic States will experience an economic collapse, which could affect the whole region; therefore, the US should use its influence on other countries to prevent this.

Household gas tariffs to be smaller the next year

In January 2011, the gas tariffs for households in Latvia will become cheaper; moreover, they could also reduce for the major consumers, Latvijas Gāze Press Secretary Vinsents Makaris revealed to the business news portal BNN.

Latvijas Gāze approves new gas price calculation agreement

The company’s Latvijas Gāze Council has approved the new gas price calculation agreement for next year, which will be also signed by the Russian gas utility Gazprom this year.

External trade turnover grows by 26.5% during year

The total external trade turnover at constant prices formed 986.8 million lats in October this year - which is 2.1% or 21.5 million lats less than in the previous month, while 26.5% or 206.6 million lats more than in October 2009.

47% of Latvia’s population hope for higher pension age income

Nearly half, or 47% of Latvia’s population hope their income at retirement age will be higher than currently.