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Monday 25.09.2017 | Name days: Rauls, Rodrigo

Joint Baltic and NATO Naval Forces training to take place in Latvia’s territorial waters

From 6th-13th May, Baltic Fortress Baltic Naval Forces training will be taking part in Latvia’s territorial waters. This year, military exercises will be attended by navy forces of Baltic States and two NATO ship groups.

Vladimir Egger re-elected as Chairman of Supervisory Council of Latvian Shipping Company

On Friday, April 29, the Supervisory Council of JSC Latvian Shipping Company repeatedly elected Vladimir Egger as the Chairman of the Supervisory Council, whereas Kaspars Bunne was elected as Deputy Chairman of the Supervisory Council.

Lithuania calls Russia to discontinue its tradition to seek new enemies

On Friday, 29 April, in reaction to Russian Foreign Affairs Minister Sergei Lavrov’s announcement that Lithuania is «the most aggressive, Russophobic country», Lithuanian Foreign Minister Linas Linkevicius called his Russian counterpart to «discontinue the tradition to seek new enemies».

Surplus of municipal consolidated budgets grows rapidly

In Q1 2016, there was a surplus of EUR 110.7 million noticed in the municipal budget, which, compared with Q1 2015, means an increase of EUR 45.1 million, according to the State Treasury.

Latvia’s Gross Domestic Product declined slightly in 2016

Latvia’s Gross Domestic Product value dropped by 0.1 % in Q1 2016 compared to Q4 2015, as emphasized by seasonally adjusted data.

Companies seek funding for Estonian-Finnish gas grid interconnection

Estonian gas grid operator Elering has on April 28 announced that it in cooperation with Finnish firm Baltic Connector has applied for EU co-funding for building a Estonian-Finnish gas grid interconnection.

Poland’s legal row deepens with courts and Warsaw defying government

A number of Polish courts and local governments are opposing the country’s central government in the position of the latter over Constitutional Court reform.

Keris: UGF’s managed government does not want to invest in healthcare

Because of inappropriate and unacceptable healthcare, the country loses approximately 1,500 people of working age every year. This is why on 1 April trade unions will request an increase for funding to healthcare, said Valdis Keris, head of Latvian Health and Social Care Workers Union, in an interview to Latvijas Radio.

Piebalgs predicts intense competition for the reins over Unity

Former European Commissioner Andris Piebalgs does not believe Solvita Aboltina, the current head of Unity, should leave the party.

UN Secretary General criticises European migrant-restrictive policies

UN Secretary General Ban Ki-moon on April 28 condemned restrictive policies on migrants in European Union member states. Ban addressed the Austrian Parliament a day after it passed a strict new asylum law that sets forth limiting asylum rights and allows rejecting most claimants.

Germany ready to station a battalion in Lithuania

Germany is ready to send a battalion-sized unit to Lithuania, as announced by Lithuanian Defense Minister Juozas Olekas on Thursday. According to him, he has received a confirmation from his German counterpart Ursula von der Leyen.

Shareholders of Latvian Shipping Company do not support new release of shares

On Tuesday, April 26, regular shareholders’ meeting of joint stock company “Latvian Shipping Company” was held where shareholders passed a resolution to maintain existing share capital at EUR 60,000,000 level and not issue new shares.

Wealthy Latvians actively exceed the pre-crisis level

The level of welfare of 55% of wealthy clients in Latvia is viewed as stable. 31% of wealthy clients have even managed to increase their level of welfare in the past twelve months. This is shown by information of Swedbank Private Banking regarding the volume of funds entrusted by clients – it had grown 9% in 2015.

Jobs to be subsidised in Estonian border region

Estonian government has on April 28 adopted a programme to subsidise wages to employers, who would hire at least 20 of Ida-Viru county’s jobless.

Police find a professional marijuana farm uncovered in Iecava

At the end of March, Latvian State Police’s Riga region’s Balozi precinct’s criminal police in cooperation with Zemgale region’s criminal police force uncovered a professional marijuana farm in Iecava.