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Tuesday 26.09.2017 | Name days: Kurts, Knuts, Gundars

Trump sends US Vice President to Baltic States to demonstrate solidarity and support

«The president sent me here so that I would say this – we are with you. We are with Estonian, Latvian and Lithuanian people and countries. And we will always be together,» said US Vice President Mike Pence on Monday, 31 July.

Parliamentary investigation committee plans to have a word with «Ridzene team»

To evaluate certain parts of the scandalous conversations in Ridzene Hotel, the parliamentary investigative committee plans to invite Aivars Lembergs, Airnars Slesers and Janis Duklavs for an interview, says committee chairperson Inguna Sudraba.

Estonian industrial production increases 15% from June last year

The production of industrial companies in Estonia was higher 15% in June 2017, as compared to June last year, estimated Statistics Estonia.

Aboltina admits situation in Unity is heavy, but she remains an optimist

The current situation in Unity is heavy, but the congress should nonetheless prove that the party is worthy of being on Latvia’s political stage, said Unity’s Saeima faction leader Solvita Aboltina in an interview to Diena.

Employers: a massive tax reform is developed, but there is still a lot of work left

«As a socially responsible organization, we believe changes to the tax system are a step in the right direction. But work is not over yet. True benefits from the reform will appear only once people’s attitude changes,» employers comment on the tax reform.

Week in Lithuania. Lithuanian PM: VAT discount on heating, hotels will remain

Value-added tax (VAT) discount for centralized heating and hotels will remain, says Lithuania's Prime Minister Saulius Skvernelis, adding that the government would announce the proposed tariff next week.

Riga airport serviced more than 40% of passengers and cargoes in Baltics

In the first half-year of 2017, Riga International Airport retained the leader position among Baltic airports, according to statistical data on the airport’s operational results.

Latvia’s number of officials higher than the average in Europe; job cuts expected

As part of the state administration reform, job cuts are planned for 58,000 employees of different institutions. This does not apply to independent institutions such as the prosecutor’s office, Saeima, State Audit and Supreme Court.

Electric car maker Tesla aims at mass market with Model 3

American electric car maker Tesla has unveiled its new Model 3 car, to be sold for less than half the price of the firm's previous models.

Weather especially hot in Latvia this week; meteorologists predict thunderstorms

Monday, 31 July, is expected to be hot in Latvia. However, a cold atmospheric front will cross the country in the afternoon, bringing rain and even thunderstorms to central and eastern regions, as reported by State Environment, Geology and Meteorology Centre.

Cable car incident in Germany leaves dozens suspended high above River Rhine

75 people have been left stranded in air in Germany as a cable car hit a support post and stopped the 935-metre cable car system.

Eurozone’s economic confidence index experiences unexpected surge up

Eurozone’s economic confidence index unexpectedly surged to 111.2 points this July, according to data from the European Commission.

Bookmakers: the new party has good chances of entering the Saeima

The new liberal party «Par!», whose leaders include former Economy Minister Daniels Pavluts and Saeima deputy Ilze Vinkele will likely pass the 5% barrier in the next Saeima elections, according to Betsafe bookmakers.

Latvia’s retail trade turnover increased 3.1% in June

Compared to June 2016, total retail trade turnover rose by 3.1 % in June 2017. Turnover of retail trade for food products increased by 1.0 % and turnover of non-food products grew by 4.7 %.

Association: alcohol market will decline and people will lose jobs in the industry

The planned introduction of increased excise tax rates within the context of Finance Ministry’s tax reform could cause the alcohol market in Latvia to decline by approximately 7% next year, says CEO of Latvian Alcohol Industry Association Davis Vitols.

Survey: Latvian residents prefer to perform home repairs on their own

According to results of a recent survey, 63% of Latvian respondents have spent this year’s summer season performing home repairs. 59% of respondents always pick summer to perform repairs.

Martins Bondars confident he should «step aside»

Martins Bondars has decided to step down as chairman of Latvian Association of Regions. According him, recent decisions made by members of LAR have not been ones he would personally support.

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