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Tuesday 26.09.2017 | Name days: Kurts, Knuts, Gundars

Latvian embassy received 32 citizenship requests after Brexit

Since Britain’s vote on leaving the European Union, Latvia’s embassy in the UK has received 32 requests for Latvian citizenship, as reported by Foreign Affairs Ministry’s media centre.

Let’s get serious! Ilves urges candidates to show they’re apt for office

Estonian President Toomas Hendrik Ilves has on August 30 - after the Riigikogu failed to agree on his successor in three election rounds - commented that election campaign is about proving aptness to take on presidential responsibilities and not about entertaining the public.

Latvia’s GDP increases by 0.6%

In Q2 2016, as compared to Q1, gross domestic product at constant prices, according to seasonally and calendar adjusted data, increased by 0.6%. In Q2 this year, as compared to the corresponding period of 2015, GDP grew by 0.8% according to seasonally and calendar adjusted data and by 2.1%

32 Baltic companies mentioned in top 500 largest companies in Central and Eastern Europe

The list of five hundred largest companies in Central and Eastern Europe compiled by Coface includes eight Latvian companies, twenty Lithuanian companies and four Estonian companies.

Ikea wants to invest in Russia and operate in «fair and transparent business environment»

Ikea has on August 30 stated that it could slow down investment in Russia after a court in the country ordered the Swedish furniture retailer to pay damages worth seven million euros in a decade-long legal dispute.

U.S. officials criticise EC ruling of Apple having to repay EUR 13 billion in Irish taxes

The European Commission has on August 30 ruled that on the basis of its investigation into Ireland’s selective tax policy towards Apple, the U.S. computer technology firm has to repay 13 billion euros in taxes.

Finnish telecoms firm claims to have broken 4G network speed record

Finnish telecommunications firm Elisa has announced it has built a test network with the fastest 4G mobile internet speed.

Latvian residents support deeper integration in Europe after Brexit

After Britain’s vote on leaving the European Union, Latvian residents generally support deeper integration in Europe, as concluded in Latvian President Raimonds Vejonis’ initiated public discussion on Latvia’s security in the 21st century.

Estonian presidential election continues with third round

Riigikogu held on August 30 the second round of Estonian Presidential election, where former European Commission member Siim Kallas took the lead, but did not secure the needed 68 votes.

Retail trade turnover increases 1.3% in Latvia

Compared to July 2015, total retail trade turnover rose by 1.3% in July 2016. The turnover of retail trade in food products dropped by 3.9%, whereas the turnover of retail trade in non-food products increased by 4.6%.

Higher education in Latvia can cost up to EUR 62,500

Considering tuition fees and the length of studies in 2016/2017 school year, Swedbank has compiled a top list of Latvia’s higher education programmes in which education costs the most. Education to acquire the profession of a dentist in the University of Latvia will cost the most.

Senior Romanian officials accused of embezzlement

Corruption investigators in Romania have brought charges against six high-ranking officials suspected of embezzlement. AP reports citing a statement by prosecutors on August 29 that they had indicted Rareş Văduva, head of an intelligence agency subordinated to the Interior Ministry, and five former senior officials from the same agency for allegedly abusing ministry funds, abusing their position and making false statements.

Experts: exports of construction services are delayed by industry’s fractured state

Up until now weak state policy for the development of the construction industry has been slowing down the competitiveness of Latvian companies in other countries, preventing them from using export potential to its full extent, believes head of Latvian Building Contractors’ Partnership Baiba Fromane.

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