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Sunday 19.05.2013 | Name days: Sibilla, Teika, Lita

Gaining prices of meat, yogurts, butter and flour

If comparing the 3rd quarter of 2011 with the 2nd one, beef, broilers, some exclusive yogurts, butter, flour, sugar and buckwheat report 5-12% price gains, according to Inguna Gulbe, head of the Agricultural Market Promotion Centre.

Eurozone postpones decision on granting next loan to Greece

The eurozone’s finance ministers have decided to put off the decision on granting the next loan tranche to Greece.

Survey: IT specialists most demanded on labour market

At the moment, the Latvian labour market mostly demands information technology specialists, sales, customer service representatives, engineers, financiers and lawyers, according to the Latvian Association of Personnel Management survey.

Latvia resumes control over its national airline

Talks on saving the national airline airBaltic were very complex, however, an agreement has been reached between shareholders and creditors. Consequently, the state of Latvia as the majority shareholder has resumed actual control over the company, said Prime Minister Valdis Dombrovskis.

70% of residents support keeping state-funded education at universities

Absolute majority (70%) of economically-active residents of Latvia, aged 18 to 55 years, supports the party Unity’s proposed higher education funding model, retaining the state-funded places at universities.

Agreement on airBaltic future financing and management signed

The government has approved at an emergency meeting the Transport Ministry’s prepared agreement on airBaltic's future funding and management. By signing the agreement, the state has secured effective control over the company, informs the Transport Ministry.

United States, Harmony Center and Constitution Protection Bureau

U.S. ambassador to Latvia Judith Garber was spotted visting Harmony Center leader Janis Urbanovich in late August. According to the investigative journalism broadcast Nothing Personal, after the meeting HC agreed to recognize that occupation did take place. The move will help HC get into the government.

Emigration hits record high in August

In August, 2 300 people left Latvia to live abroad. The number breaks all the records since migration levels are calculated. 13 942 people in total left Latvia in the first eight months of 2011. It is more than a half than a year earlier, according to the Central Statistical Bureau.

Baltic customs officers to rotate to EU's external border this year

All the necessary organizational matters are currently being settled, so that customs officers from the Baltic States could rotate to the European Union's external borders already this year, according to the State Revenue Service.

Unity calls for «rainbow coalition»

On Monday, October 3, Unity discussed in its board meeting the possibility of forming "a rainbow" coalition and government, which would represent all the political parties elected in the 11th Saeima, Prime Minister Valdis Dombrovskis told after Unity and the national association All for Latvia!-TB/LNNK meeting.

State Audit Office: 2010 budget expenditure exceeds the plan by 74%

The State budget policy in 2010 has not met the requirements of the law on budgetary and financial management, reveals Inguna Sudraba, State Auditor General.

Investments in IT don't make State Revenue Service up-to-date

Despite millions placed in information technologies (IT), the State Revenue Service (SRS) is still using messengers to deliver documents.

Auditor General: airBaltic has been run irresponsibly

The events in airBaltic resemble the management of the state, because the national airline has been run as short-sightedly and irresponsibly as Latvia itself, says Inguna Sudraba, Auditor General. The very fact a shareholder himself is not aware of the company's financial situation proves the poor management, she says.

Reinert: Estonia might be the last country to replace national currency with euro

Latvians lack sound national confidence, says the world-famous Norwegian economist Erik Reinert, whose book How Rich Countries Got Rich… and Why Poor Countries Stay Poor is about to be published also in Latvian.