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People can withdraw LVL 50 from their Krajbanka accounts
AS Latvijas Krajbanka has been ordered to pay out LVL 50 to physical persons up to November 26, 2011, 24:00. The decision was taken by the Financial and Capital Market Commission after it discovered unavailability of deposits at AS Latvijas Krajbanka.
Prosecutor's Office could interrogate ex-president of Lithuanian Central Bank
General Prosecutor's Office of Lithuania could interrogate the former Chairman of the Lithuanian Central Bank - Reinoldius Sharkinas - about the Snoras case.
HP cautious about 2012 outlook
Technology company Hewlett-Packard (HP) rounded up the fourth fiscal quarter with USD 32.3 billion is revenues, which is 3% less that a year earlier. However, the company is still cautious about its outlook in 2012.
Illegal Krajbanka deal took place in mid-August
The illegal deal, which triggered the current Krajbanka situation took place back in mid-August, 2011. Neither the Financial and Capital Market Commission (FCMC), nor Krajbanka board members could have noticed that, says Janis Brazovskis, deputy chairman at the Financial and Capital Market Commission.
Enterprise Register bans airBaltic and BAS re-registration
Following a request by the State Police on November 22, the Enterprise Register banned any re-registration of airBaltic and its co-owner SIA Baltic Aviation Systems.
Ventspils nafta elects new Supervisory Board
In an emergency shareholders meeting convened by AS Latvijas naftas tranzīts on November 22, holding AS Ventspils nafta (Ventspils Oil) elected new council.
FCMC deputy chairman: most likely scenario - Krajbanka is liquidated
"Since there is already unavailability of deposits or, to put in simple, the bank has no money, Krajbanka will most likely be subject to liquidation," says Janis Brazovskis, deputy chairman at the Financial and Capital Market Commission.
LVL 100 million shortage turns up at Krajbanka
A shortage of LVL 100 million lats has been found at Latvijas Krajbanka, says Ints Kuzis, chief of the State Police. He confirms that Krajbanka President Ivars Prieditis has indeed been arrested.
Police detains Krajbanka officials
A number of Latvijas Krajbanka officials, including its President Ivars Prieditis, have been detained within the framework of criminal proceedings launched in the shortage of funds discovered at the bank, reports LETA, in reference to Prieditis' lawyer Saulvedis Varpins.
Government trying to halt trains procurement
The Cabinet of Ministers' decision to halt AS Passenger Train's procurement was taken at the very last moment, when there no longer were any obstacles for signing the deal.
Real estate tax amendments approved
On Tuesday, November 22, the Cabinet of Ministers approved the Finance Ministry's proposals for amendments to the law on the real estate tax. It is planned to tax residential auxiliary buildings, except for those which are smaller than 25 square meters.
Also public sector salaries paid via Latvijas Krajbanka
Also the public sector employees' salaries are transferred to bank accounts at Latvijas Krajbanka. It is yet impossible to state the exact number of those affected by the situation.
NASDAQ OMX Riga removes Latvijas Krajbanka membership
Stock exchange NASDAQ OMX Riga board decided on November 22 to remove Latvijas Krajbanka membership. All its active transactions have been cancelled.
Photos of the week, 2013.05.17.
Riga Mayoral candidate: Baiba Broke – says one thing, but does the opposite
Latvia approves amendments regarding double citizenship
Economic Diary. The state overcame the crisis, the people did not
Latvian fuel traders: National Alliance wants to destroy domestic companies
Searches carried out at homes and offices of Liepājas metalurgs Board and sharholders
Slow-down in Estonia’s growth expected
Latvia's foreign trade export is growing faster than import
Paul Krugman declined participation in the First Riga Economic Forum
Latvia’s construction volume up by 9.8%
The world celebrates Mother's Day
Bathing season officially open in Latvia
Bloomberg: The eurozone must be split to save EU
Syrian rebel «eats soldier's heart»
Infographic: How teens' habits threaten the future of Facebook
Fourth largest Solar flare in the past week
Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
VIDEO: The birth of a snowflake
VIDEO: World's most dangerous marketplace
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