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Monday 25.09.2017 | Name days: Rauls, Rodrigo

Banking sector’s revenue drops by one-third in 2014

Latvia’s banking sector worked with profits of EUR 43 million in the first three months of 2014. This amount is below that of the same period of 2013 (EUR 64.9 million) by nearly one-third.

Producer prices of agricultural goods in Latvia down by 4.9%

In 2013, as compared to 2012, producer prices in agriculture dropped by 4.9% due to the decrease of crop producer prices.

Latvia’s retail trade up 3.8%

Compared to February, the total retail trade turnover in March 2014 rose by 2.8. Retail trade in food products grew by 3.1%, whereas of non-food products - by 2.6%.

Daily joke: love for all

A man and woman are sitting on their porch drinking a beer.

Latvian deputies have not been united in views on any of important EP votes

Latvia’s team of MEPs elected in 2009-2014 have not shared each other’s views on any of the 15 important votes the European Union had over these years. In every single vote there was always one MEP who voted differently from the rest.

Use of Internet Explorer threatens security of internet banking data

Taking into account major security loopholes of Internet Explorer, Latvian Association of Commercial Banks urges customers to avoid using this browser when accessing their internet banking accounts.

Latvian embassy organizes a photo exhibition ‘How we made our independence’ in Kyiv

As part of a communication campaign in the Riga 2014 programme, there will be a special exhibition organized in Kyiv, Ukraine. There, Latvian ambassador to Ukraine Argita Daudze and artist Ilmars Znotins will festively open Foreign Ministry’s mobile exhibition ‘How we made our independence’ in the National Art Museum of Ukraine on April 30th.

Repše is angered by media’s interest for his income and debts

Ex-Prime Minister of Latvia and leader of For Latvia’s Development party Einars Repše was recently angered by questions regarding his income and debts, which were asked by the host of Viens pret vienu programme of LTV Gundars Reders.

«Star Wars» latest episode to feature original cast

Actors of the original trilogy of «Star Wars» will also take part in «Episode VII».

Shareholders of Valsts nekustamie īpašumi no longer trust Strautmane

During a meeting of shareholders of Valsts nekustamie īpašumi this Tuesday, April 29th, shareholders expressed distrust for the current Chairwoman Baiba Strautmane. The decision was then made to relieve her of duties.

Amendments to residence permit issue model to come into force this September

Amendments to Latvia’s model of issuing residence permits to foreigners in exchange for procurement of real estate properties will come into force this September. This was decided by Saeima Economic, Agricultural, Environmental and Regional Policy Committee on April 29th.

Construction costs in Latvia up 1.1%

Compared to February, level of construction costs in Latvia in March increased by 1.3%. Maintenance and operational costs of machinery and equipment grew by 1.7%, prices of building materials - by 1.1% and labour remuneration of workers - by 0.9%.

Average size of Latvian farms increases, but their numbers reduce

As the average size of agricultural holdings increases, the number of economically active agricultural holdings in Latvia has dropped by 3.3 thousand or by 4% from 83.4 thousand in 2010 to 80.1 thousand in 2013.

Skype group video calls to be free of charge

Skype group video calls will now be available free of charge to users of Windows, OC X and Xbox One, developers of Skype have announced on April 28.

SMP Bank in Latvia will not be affected by U.S. sanctions

By handing over the controlling package of shares of the Russian Severniy Morskoy Putj Bank to residents of the Republic of Latvia, SMP Bank has managed to avoid sanctions imposed by USA.