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Sunday 25.09.2016 | Name days: Rauls, Rodrigo
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Economic calendar of Latvia. 29 March – 1 April, 2016

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUMonday, 4 April:

-Bank of Latvia organizes the finals of European Race in Latvia.

-Altum Financial Development Organisation organizes the second experts’ discussion organized by Finance Ministry titled ‘Political and economic relations between Latvia and EU – what and how much will it cost?’

-National Council for Electronic Media discusses the progress of the personnel selection process for the post of board member of the Latvian television contents board.

-Shares of Lithuanian Klaipedos nafta are added to the Baltic list of Nasdaq Vilnius.

-Latvian branch of Pohjola Bank officially changes its name to OP Corporate Bank Plc. Pohjola Finance will be called OP Finance.

-As part of Twinning Light project, Finance Ministry is visited by eight representatives of Croatia’s audit institution.

-Architecture and Technology Week to continue until 6 April in Riga. During this week, architects and other interested parties will be able to learn about new practical applications of new technologies.

Tuesday, 5 April:

-Agriculture Minister Janis Duklavs meets with the delegation of parliamentarians from Ukraine and the ambassador of Iran to Latvia to discuss the situation in agriculture, forestry and fishery in Latvia.

-Agriculture Ministry hosts a discussion in regards to the rural development programme for 2014-2020.

Wednesday, 6 April:

-Agriculture Minister Janis Duklavs meets with ambassador of Japan in Latvia Mariko Fujii.

-airBaltic airline opens its central office building on premises of Riga International Airport.

-Agriculture Ministry hosts a meeting of members of Latvian Federation of Food Producers.

Thursday, 7 April:

-Agriculture Minister Janis Duklavs opens the 24th international Pavasaris 2016 exhibition. He will also meet with members of Lauksaimniecības Statūtsabiedrību asociācija to discuss topical matters in agriculture.

-Deputy state secretary to Finance Ministry on matters of European structural funds and Cohesion Fund Armads Eberhards meets with ambassadors of Iceland and Norway in Latvia to discuss cooperation as part of EEA and Norwegian financial instrument in 2009-2014.

-Deputy state secretary to Finance Ministry for matters of finance policy Liga Klavina and director of Finance Ministry’s fiscal policy department Nils Saks take part in a meeting of Committee for Economy and Finance in Brussels.

-Kipsala International Exhibition Centre opens the Baltic Fashion & Textile Riga 2016 exhibition.

Friday, 8 April:

-Kipsala International Exhibition Centre opens Children’s World 2016 exhibition.

Ref: 017.109.109.3784


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Ten million euros to be allocated to assist with elder people employment

Central Finance and Contracting Agency has sent a proposal to the State Employment Agency to apply for European Social Fund financing to realize measures to maintain and improve elder people employment.

Latvia and China sign cooperation memorandum to develop aviation industry

Latvian Transport Minister Uldis Augulis and Administrator of Civil Aviation Agency of China Feng Zhenglin signed a cooperation memorandum on Friday, 23 September. This cooperation memorandum is meant to assist with the development of the aviation industry.

Number of counterfeit products confiscated by EU authorities continued to grow in 2015

According to the latest data published on Friday, 23 September, by the European Commission, EU customs authorities confiscated five million euros worth of more counterfeit products in 2015 than they did the year before.

Businessmen urge professionals to apply for SRS director general’s post

Latvian Chamber for Commerce and Industry invites professionals who fit requirements put up by the State Chancellery to take part in the personnel selection process for the post of director general of the State Revenue Service.

Dogo producer submits additions to court to launch case for slander

Tukuma Straume, manufacturer of Dogo dog food, has submitted documents to Riga City Vidzeme District Court to launch legal action against 17 private and legal persons for spreading untrue, partial and distorted information about the aforementioned product.

Meet «average candidate» for near Lithuanian parliamentary election

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Estonian presidential nominees feel need for stronger link with Russian community

Days before the decisive vote on the next Estonian President, most candidates have stressed the need for increased communication with the country's Russian-speaking population to establish a stronger link.

119 domestic pigs are put down in Gulbene due to ASF

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Burgh Group and Vitol to acquire shares of Richards Bay Coal Terminal

A consortium comprising Burgh Group Holdings and Vitol has agreed to acquire Optimum Coal Terminal Pty Ltd from the Tegeta Group for an undisclosed sum, subject to the relevant regulatory approvals and other conditions precedent.

Quarter of Latvia’s small and medium-sized companies struggle with financial difficulties

Only half of more than 60,000 companies in Latvia have a stable financial situation. 26% of small and medium-sized companies are currently struggling financially. In the next twelve months, they are expected to experience major financial difficulties, according to data from the Credit Information Bureau.

YouTube to encourage users to «snitch» on inappropriate content

Popular video sharing site YouTube has this week announced a scheme to offer rewards to users reporting on videos and comments, which they think are inappropriate to YouTube content guidelines.

Belgian police take 13 immigrants to France by accident

Two Belgian policemen have been handcuffed and questioned in northern France by their French counterparts after being caught with 13 illegal migrants banned from staying in Belgium.

Transit industry: this is the golden moment to decide the future of Latvia’s national economy

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Coalition parties will not form a shared candidate list for elections in Riga

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Eesti Energia considers building another plant, if oil price rises

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Poroshenko: Russia lies even more than Soviet leaders

President Petro Poroshenko of Ukraine has directed sharp criticism toward Russian foreign policies in Europe during his September 21 speech at the UN General Assembly.

Criminal liability will be applied for serving in foreign army or police force

To reduce possible security risks in relation to military service in third countries, Latvian citizens and non-citizens will be prohibited from serving in foreign armies, police and security institutions. Breach of this prohibition will carry criminal liability with a sentence of up to four years in prison.

Proposal to merge SRS Finance Police and Customs Police is declined

Finance Minister Dana Reizniece-Ozola intends to look for ways to ensure the merging of State Revenue Service’s Finance Police and Customs Police.

Saeima proposes reviewing options to secure free lunches in kindergartens

On Thursday, 22 September, the Saeima decided to ask Cross-Sectoral Coordination Centre’s cooperation platform Demographic Affairs centre to review the option of securing free catering in kindergartens.

Tougher abortion legislation pushed for in Poland

The Polish parliament is this week reviewing proposals backed by Poland’s Catholic Church to make the country’s abortion law even tougher.

Saeima to approve next year’s budget on 23 November

Latvia’s parliament plans to approve the final draft of the country’s budget for 2017 on 23 November, as agreed upon by members of Saeima’s Budget-Finance Committee on Wednesday, 21 September.

EU plan on lifting roaming charges altered

The European Commission this week has announced changes to the European Union’s plan to lift roaming surcharges to people, who use their mobile phones in another member state.

Criminal liability for service abroad and other decisions viewed by Saeima

To reduce possible security risks associated with service abroad, the Saeima on 22 September will conceptually decide on a prohibition for Latvian citizens and non-citizens to serve in armies, police and security institutions in third countries. This is provided by amendments to the National Security Law and Criminal Law.

VNT: Ventspils Freeport’s rule-development process is non-transparent

While Ventspils City Council and Ventspils Freeport Authority publicly express their common requirement for VNT to build and operate a vapour recovery unit, Ventspils Freeport Authority has been failing to issue technical regulations for construction of the VRU for nine months.

Riots in U.S. city followed by state of emergency

State of emergency has been announced in the U.S. city of Charlotte on September 21, where riots erupted after police killed a man.