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Monday 28.05.2018 | Name days: Vilhelms, Vilis

Automobile dealers object to motor vehicles annual duty rise

Latvian Authorized Automobile Dealers Association (LAADA) strictly objects to the Ministry of Finance planned motor vehicles annual duty rise, as well as to tenfold increase of official cars tax.

Property tax revenue exceeds the planned in ten months

Property tax revenue plan, included in calculations for local governments finance equalization, has been exceeded by 1.78 million lats, according to information compiled by the Ministry of Finance.

SRS: summary declarations will be obligatory for businessmen in 2011

Starting from January 1, it will be obligatory for Latvia businessmen to submit information at customs about the goods actual entry or exit to or from the European Union (EU) a particular time in advance, and companies are already ready for that.

Social protection expenditure last year – 2 201 million lats

In 2009, the expenditure on social protection in Latvia comprised 2 201 million lats or 16.8% of the gross domestic product. While in 2008 it accounted for 2 042 million lats, or 12.6% of GDP.

Economist: the worst is still ahead

Solving the economical problems of Europe will take many years, but the worst is still awaiting, believes Swedish Handelsbanken Chief Executive Par Boman.

USA supports Lithuanian nuclear power plant construction

The United States of America (USA) ambassador to Lithuania Anne Elizabeth Derse said USA supports the nuclear power plant construction.

Expert: tax rise will increase spending by 100 lats a year

Tax rise will contribute to annual 100 lats spending increase of an average family in Latvia, forecasts Swedbank Institute of Private Finances Deputy Head Diāna Krampe.

About 100 Riga residents object to Riga airport expansion

All in all about 100 people, residents of Mūkupurva, Sieksātes, Grenču, Nīkrāces and Gaviezes Streets object to approximately 2.3 km long construction of railway from Riga to Tukums and Riga airport expansion plans.

Tax shift from labour to consumption will save several santims only

The amount of money with which the government has seemingly fulfilled its promise to shift the tax burden from labour to consumption, as well as to the affluent people, is only several santims per month, reveal the estimates of Neatkarīgā.

Ongoing negotiations on settlement of Latvijas Naftas tranzīts shareholders’ meeting decisions in 2007

Currently SIA Skonto nafta and AS Latvijas Naftas tranzīts is holding ongoing negotiations on the disagreement settlement regarding Latvijas Naftas tranzīts shareholders’ meeting decisions in 2007. For this reason, the civil case hearing has been postponed till March 21, next year.

IMF: Greece has chances of receiving assistance in debt repayment

Although the conviction that Greece will manage to return to the international market before the expiry of three-year loan time-limit, there are several options that can help the country deal with its difficulties, pointed out the International Monetary Fund representatives.

Old Riga municipality’s parking lots to charge less

Riga City Council decided today, November 23, to reduce charges for Municipality’s parking lots in Old Riga.

Economically active population of Latvia increases by 0.1%

Third quarter this year the number of economically active population of Latvia has increased by 0.1%, compared to the exact period of 2009.

28 502 lats for resigned ministers’ compensations requested

An application has been filed requesting the allocation of 28 502 lats (40 554 euro) from emergency case funds to pay out compensations for ministers and advisors that have left the post.

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