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Tuesday 20.02.2018 | Name days: Smuidra, Vitauts, Smuidris

Germany public debt hits record high

In the first half of the present year the public debt of Germany has reached a record high level hitting 1.721 trillion euro.

airBaltic leaving the Latvian market would be a disaster

If the airline airBaltic left the Latvian market, it would be a catastrophe for the tourism industry, said the executive director of the Latvian Hotels and Restaurants Association (LHRA) Santa Graikste.

iPhone 4 mobiles bought up in 18 minutes

The company Latvijas Mobilais Telefons, today, September 24, at 9 AM, initiated the sales of iPhone 4 on their website.

Eurozone collapse rumours declared invalid

The rumours of the single European currency disappearance had proven to be highly exaggerated and the increase in the euro rate indicates that the investors are now far more concerned about the inflation and the economic decline in the US.

Lithuania likely to miss 2014 «euro train»

Lithuania might not succeed with the introduction of the euro in 2014, because the country is likely to exceed the Maastricht inflation criterion, while Estonia could manage to entry into the euro zone, considers the SEB Banka advisor Gitanas Nauseda.

Gates still the wealthiest man in America

The crisis has not stopped the American billionaire Bill Gates from accumualting wealth. As about half of US richest men profit grows annually, Bill Gates is still at the top.

Nazaruks: Latvia is a vital economic partner of Belarus

Latvia is one of the main economic partners of Belarus, even more important than, for example, China or Germany, asserted the representative of the Embassy of Belarus in Latvia Igors Nazaruks.

Credit Register available not only to «fast» loans providers but also SRS

Further on the Bank's of Latvia maintained Credit Register will be available to all consumer credit providers, thus making the selection of borrowers more thoughtful.

Economists: the set course should remain flat after elections

In order to avoid Latvia’s economic stagnation, after the elections the set economic course must remain the same, considers the Latvian and foreign experts.

Berzins: surprises may occur after the elections

It is possible that there might be few surprises after the elections; however, it depends on the election results, believes the Chairman of Saeima Budget and Finance Committee Guntis Berzins.

Dombrovskis: Latvia daily spends 2 million lats more than it earns

The budget deficit still remains high in Latvia. We spend two million lats more than we earn every day, said the Prime Minister Valdis Dombrovskis.

Small companies save labour market

Supporting and encouraging small and medium-sized enterprises could be the solution of reducing unemployment and creating new long-term job positions, this opinion was maintained in the discussion Mazie uzņēmumi vs. lielās eksportspējīgās kompānijas – plusi un mīnusi ekonomikai.

Memorandum against higher education funding cuts signed

Several organizations have signed memorandum of cooperation proposed by Latvian Students Association (LSA), which provides joint work on higher education funding model development and common effort against any reduction of funds in the education sector.