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Saturday 16.12.2017 | Name days: Alvīne

Licence for pawnshops and «quick credit» demanded

In order to give short-term credits, pawnshops and other credit institutions, excluding banks, will need a license. The changes, supported in the Saeima final reading stipulate it.

External trade turnover grew by 7.6% in July

The total external trade turnover on actual prices in July this year formed 874.8 milj. lats which is 7.6% or 62.1 milj. lats more than the previous month and by 34.6% (225.1 milj) more than in July last year, according to the Central Statistical Bureau data.

Centralization of service pensions

The Saeima has adopted amendments in seven bills that provide centralization of service pensions administration assigning this task to State Social Insurance Agency (SSIA).

Melnā Kafija to export to Finland

After launching a new product under the brand name Arki Mokka, SIA Melnā Kafija (Black Coffee) has embarked on exports to Finland. The new brand and product has been developed in collaboration with the Finland associate, which will promote Arki Mokka product in Finland retail chains.

Additional 75 million lats to be obtained in dividends from state-owned companies

By increasing the yield on state-owned companies’ assets to the level of the European Union (EU), additional 75 million lats would be obtained in state dividends, the Prime Minister Valdis Dombrovskis informed the journalists.

Food producers loose turnover but not vigor

Four of Top 30 companies have managed to increase both turnover and profit.

Estonian economy expanded 3.1% in 2nd quarter

The gross domestic product (GDP) of Estonia increased by 3.1% in the 2nd quarter of 2010 compared to the same quarter in the previous year, according to the estimate of Statistics Estonia.

Trichet praises Estonia's eurozone preparations

Jean-Claude Trichet , president of the European Central Bank, said yesterday in Frankfurt that preparations for Estonia's accession into the eurozone were on track.

Budget revenue plan in eight months exceeded by 1.5%

In eight months of the present year, the Budget revenue plan in eight months has been exceeded by 1.5%, according to the State Revenue Service (SRS) data on its administered income implementation.

Deflation gradually shrinking

The average price level of consumption prices in August of the present year, as compared with August of the previous year, has decreased by 0.3%

Opposition leaves reading of Tallinn draft budget

The Tallinn City Council spent only 17 minutes on the first reading of the draft budget for 2011 for the City of Tallinn because the opposition factions refused to take part in the debate.

Court forbids Munkevics to be elected in Jurmala City Council institutions and posts

Jurmala City Court on Wednesday (September 8) decided to forbid Raimonds Munkevics, who is accused of giving bribes, to be elected in Jurmala City Council institutions and positions. Whereas he is not forbidden to approach Jurmala City Council member Iveta Blaua or other members of the local government.

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