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Ceturtdiena 14.12.2017 | Name days: Gaisma, Auseklis

Contributions of 2% to be directed to 2nd Tier pension scheme

On Monday, December 20, Saeima adopted the Welfare Ministry drafted amendments to the law On the State Funded Pensions, which stipulate that starting from the next year and in 2012 contributions at the extent of 2% will be directed to the 2nd Tier pension scheme.

Inhabitants’ income growth after tax changes – insignificant

After the tax changes, inhabitants with higher incomes and without dependants will benefit the less, while the income of others will even slightly grow. However, not in all cases residents with lower incomes and dependants will benefit; moreover, the income increase will be rather insignificant.

Daudze: international lenders’ requirements should be assessed

We should assess the requirements of international lenders and try to convince them that what we have achieved is at the limit of our country’s capacity, considers the Chairman of Saeima National Security Committee Gundars Daudze.

Benefits for food product purchase to be granted soon

Starting from December 20, Riga Social Service will start granting a single allowance for food product purchase to individuals who have declared their basic place of residence within Riga administrative territory, not less than twelve months before the application for the benefit.

LASCO alleged shareholders meeting took place in a van

Given that Latvian Shipping Company (LASCO) shareholders were not let in the alleged venue of the shareholders meeting in the recreation base Lejastiezumi, LASCO «alleged shareholders meeting» took place in the security company's van.

Millionaires to be brought to court in Lembergs’ lawsuit by force

Millionaires Jūlijs Krūmiņš and Jānis Blažēvičš, who have to testify in the so-called Lembergs’ lawsuit, will be brought to it by force, the Court Chairman Boriss Geimans informs about the judicial panel’s decision.

Snow «consumes» Latvia local authorities budgets

The white winter has already claimed huge funds of Riga City Council budget, where almost all the allotted money (1.9 million lats) for removing snow has already been spent. The business portal BNN found out the same problems are looming also in other local governments of Latvia.

Judges, prosecutors and parliamentarians included into single-salary system

Today, December 16, the Saeima adopted amendments to four laws in the second final reading, providing that judges, prosecutors and parliamentarians are included into the single-salary system, the business portal BNN was informed by the Saeima.

Ventspils City Council opposition blames Latvijai un Ventspilij for SIA Ventspils siltums embezzlement

Ventspils City Council opposition members have expressed their concern the embezzlement in SIA Ventspils siltums is a consequence of the political party Latvijai un Ventspilij intentionally developed system.

Latvia’s debt amounts to 5.04 billion lats

This year, the total public and local government debt has increased by 745 million lats and in late November formed 5.04 billion lats, according to the information compiled by the State Treasury.

Saeima does not approve Judin as Supreme Court justice

The Saeima did not approve the criminal law expert Andrejs Judins as the Supreme Court justice in a secret ballot.

Number of newly registered cars grows the fastest in Latvia

In November 2010 Latvia recorded the fastest increase of newly registered cars in the European Union (EU), namely, according to European Automobile Manufacturers data, the number of registered cars has increased by 213%.

Foreign investors against Latvia intentions regarding budget

Foreign investors do not support taking away money from residents and state institutions, instead they suggest the government should implement structural reforms and shift the tax burden.

LTDA Head: significant increase achieved in tourism sector

Significant increase in tourism has been attained this year, the Head of Latvia’s Tourism Development Agency Armands Slokenbergs asserts, noting that the sector development indicators are good, especially during the third quarter of 2010, when the number of foreigners, provided with accommodation services, has grown by 27%.