Latviski English По-русски
Saturday 24.03.2018 | Name days: Kazimirs, Izidors

Latvia current account surplus - 1% of GDP

Third quarter this year reports positive current account balance, reaching 37 million lats or 1% of the forecast GDP.

Estonia’s total business sector profits double during the year

This year, during the third quarter, the total profit of enterprises registered in Estonia amounted to 9.7 billion kroon, which is two times more than during the second quarter, informs Statistics Estonia.

Expert: lending will resume only after bigger Swedish banks do that

Latvia will report lending resumption only after two biggest Swedish banks do that, but is seems they do not intend to, says Monetary Policy Department of the Bank of Latvia adviser Mārtiņš Bitans, without mentioning exact banks.

Banks to renew active consumption credit issuing next year

Next year, an important factor for the consumption credit market development will be the consumers’ mood, indicate the surveyed banks, at the same time revealing that they will resume active consumption crediting.

Eesti Energia could lose a billion kroons

The government's decision to attribute Eesti Energia 1.2 billion kroons for power units construction breaches two competition principles, therefore it must be revoked.

LNT and TV3 might not offer free services

LNT and TV3 might stop free of charge broadcasting services, if the government does not introduce amendments to legislation on broadcasting tariffs.

Maternity benefits term not extended

Although before the elections almost every party talked about the demographical tendencies of Latvia and that it is necessary to promote birthrate, yesterday, On December 2, the parliamentary majority rejected the proposal to extend the term.

Specialists: cloud computing could save 10%–40% from company’s IT costs

The transfer to remote, hosted information technology services or cloud computing could save in the long term from 10% to 40% of IT related costs, such opinion was expressed during IT sector specialist discussion, which was organised by the business portal

Latvia Finance Ministry reveals ministries spending cuts

Today, December 2, the Finance Ministry in National Tripartite Council Meeting specified the ministries expenditure reduction provided in the next year's budget and presented the ministries proposals.

5.4% more taxes scheduled for collection next year

When formulating the next year’s budget, the government plans to charge by 5.4% more in taxes than it was collected this year, informs the Minister of Finance Andris Vilks.

17% of Estonian companies show wrong prices

17% of companies in Estonia show wrong prices of goods or services, according to Department of Consumer Protection conducted raid.

47% of Latvia inhabitants report salary drop in last few months

The remuneration of almost half of the economically-active population of Latvia (47%), aged 18 to 55 years, has decreased during the last 6-8 months.

Construction costs rise by 0.4% in Latvia

October 2010, compared to September, reports 0.4% construction costs rise in Latvia. Workers pay rose by 1.4%, while machinery and mechanisms maintenance and exploitation costs fell by 0.6%.

Riga airport passenger turnover increases by 15.8%

In the eleven months of 2010, Riga International Airport serviced 4 340 195 passengers, which is by 15.8 % or 591 235 passengers more than during the same period last year.

Starbucks ready «to end relationship» with Kraft

Starbucks has decided «to divorce» its long-time partner US coffee producer Kraft due to unsuccessful relationship, said the company's spokesman.

Newest comments