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Monday 21.05.2018 | Name days: Ingmārs, Ernestīne, Akvelīna

Situation in Latvia’s households slightly improves

In the third quarter of 2010, the situation in the Latvian households has slightly improved – in 16% of the households, where one of the members sought a job, someone found employment (11% – in the first quarter, 14% – in the second quarter).

Majority of Latvia residents regard their material position as moderate

On assessing family material position, the inhabitants of Latvia have a relatively positive outlook, most often stating that it is rather good or moderate.

Liquefied gas price for apartment buildings to climb by 9.5%

Starting from January 1, 2011, the liquefied gas, which is supplied to apartment buildings, will be 9.5% more expensive, the Marketing Director of SIA Latvijas Propāna Gāze Augusts Iesalnieks informs the business portal BNN.

Number of OCTA and CASCO indemnity claims increases by 28%

On average 28.4% more CASCO and OCTA indemnity claims were received during the last two working days in the previous week than in other days since early December, the business news portal BNN was informed by BTA insurance company.

Are Latvians moving to Estonia?

In a short period of time, after Estonia's proposal 15 Latvia residents have declared their place of residence in Valga. Valka region manager believes such a proposal can be considered an international scandal.

Pipeline Polock – Ventspils «black gold» likely a contraband

Problems might arise with the pumped buffer-oil sale, because there is not enough evidence of its origin.

Latvian State Forests to support next year's budget

Latvian State Forests (a/s Latvijas valsts meži) will support the state budget revenue in 2011 with record high dividends, provides the next year's budget draft prepared by the government and reviewed by the Saeima.

Economist: China to face difficult battle with inflation

Inflation in China is much higher and more large-scale than forecast by several economists, forcing the Central Bank to rely on various severe measures in order to limit price growth, the economist at Essence Securities Gao Shanwen points out.

23.3% more cars registered in Latvia this year

In eleven months of the year, 4 372 new cars have been registered in Latvia, which is 826 or 23.3% more than in the exact period of 2009.

State Audit Office: RTSD service tariffs are not grounded

The charges of some services stipulated by the VAS Road Traffic Safety Directorate are unjustified, the State Audit Office established during the audit.

EU to force private lenders cover future bail-outs losses

The European Union (EU) plans making private lenders cover the losses of future bail-outs of any eurozone country.

Estonian bankers await low interest rates in 2011

It is most likely that mortgage interest rates in Estonia will not increase this year, also a rapid EURIBOR rate rise is not expected, considers the representatives of major banks in Estonia.

Economist: Latvia can face similar economic stagnation as Japan

Without introducing changes to the national economy policy, Latvia risks facing the same economic stagnation as Japan, not reporting rapid economic growth for years already, said the economist Ojārs Kehris.

EU Commissioner: media freedom – one of democracy and human rights guarantees

When describing the events at the newspaper Telegraf, where, after a conflict with the new owner’s representatives, the editor-in-chief had to leave, the European Union Commissioner Andris Piebalgs emphasizes one of the democracy and human rights guarantees is exactly the media freedom.