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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.
Citadele repays 34.2 million lats state investments
Citadele bank has paid back the Finance Ministry 48.7 million euro (LVL 34.2m), of which 46.6 million euro (LVL 32.8m) had been placed by the state as deposits, while 2.1 million euro (LVL 1.5m) account for the third-quarter interest payments.
Potential soldiers line up to join national armed forces
Despite Latvia abandoned obligatory military service already back in 2006, there is growing popularity in the National Armed Forces (NAF). Since it is more economical to place funds in training professional soldiers, it is no longer economical to restore obligatory military service, Sandra Brale, representative of the Defence Ministry, told the news portal BNN.
Pietiek.com sees signs of «envelope wages» in Sprudzs' company
The annual report of Zatlers Reform Party's prime minister candidate Edmunds Sprudzs' company Hansaworld Latvia suggests signs of "envelope wages", reports the portal Pietiek.com.
Photos of the week, 2013.05.24.
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
Survey: popularity of current Ventspils management is below 50%
Economic Diary: Smash Business with Taxes
Oil deposit exploration in Latvia's waters; project managed by people close to Lembergs
Prudentia distances from the consequences of the advices it once gave
Friendship with Unity – the only thing that keeps Prudentia afloat?
Energy and taxes to be discussed in EU summit
PHOTO: Gumball 3000 lifestyle rally in Riga
More than 20 000 enthusiasts to run in the Nordea Riga marathon
500 kg large aircraft bomb found at Ventspils port
Economy Minister: Russian business interest increases in Latvia
Apple and other great American companies that keep mountains of cash overseas
Cypriot banks launder money, leaked EU report reads
May 21 in pictures
Russia angry over Azerbaijan's Eurovision mistake
Tornado in U.S. moves on reaching 320 km/h in Oklahoma City
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
May 23 in pictures
May 22 in pictures
May 20 in pictures
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