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Wednesday 22.05.2013 | Name days: Emīlija

Road repairs at night and shift work are inefficient

The supervisory state institution and road builders believe intense road repair work is not efficient, pointing out that shifts and working at the weekends boost costs and are likely to leave a negative impact on the quality.

Chinese citizens found dead in container travelling via Latvia

Two dead Chinese citizens were found along with baby toys by Moscow customs officers when opening a container travelling via Latvia.

Russia allows vegetable imports from Czech Republic and Greece

Russia has granted permission to import vegetables from the Czech Republic and Greece, based on certificates guaranteeing safety of imported goods.

Violations at 232 000 lats extent found in healthcare services sector

Medical institutions or patients will have to return 232 thousand lats to the health care budget for infringements detected during the inspections by the Health Inspectorate.

Most active commercial space tenants – caterers, clubs and pubs

Spring reported higher activity in commercial space rent segment than winter, with the biggest tenant turnover recorded in April. Overall, the rental rate growth in spring was poor.

Ice cream sales surge 60%, most favourite – vanilla and caramel

With the arrival of warm weather, ice cream and soft drink sales have risen in Latvia. For example, compared to April, ice cream sales at Rimi stores soared 60% in May 2011.

Eurozone ministers discuss debt crisis

Senior European Union officials are meeting to take part in discussions on the eurozone's ongoing debt crisis.

Manufacturing turnover shrinks 1.5%

Compared to April 2011, manufacturing turnover according to seasonally adjusted data at current prices dropped 1.5% in May 2011, of which in domestic market – 0.5% and in export – 2.5%.

Estonia registers the smallest trade deficit

In May 2011, if comparing to the same month in 2010, exports spiked 53% and imports - 44% at current prices, according to Statistics Estonia.

Six people dead, around hundred missing after ship sinks in Russia

On Sunday, July 10, a cruise ship sank in the river Volga in Russia, Tatarstan region, killing six people, one of whom was a child. Nearly hundred people are feared dead.

Oil price drops over China and US economy

Oil price fell on Monday, July 11, over a decline in China's crude imports and the US employment rates, spurring concerns about a drop in the world's two largest energy consumers’ demand.

Law amendments to cripple advertising market

If the government leaves law amendments to regulations of advertising objects and information placement by roads in force, ignoring objections from the part of the industry, it will leave an absolutely destroying impact on the advertising sector, according to the Outdoor Advertising Association.

Ten times less spent on children benefits than pensions

Latvia spends ten times less on children and parent benefits than on pensions, says Ilmars Mezs, demographer, adding that the current pension system is too big of a burden to the poor economy of the country. Nevertheless, also pensioners are facing difficult times, he says.

Foreigners spending hundreds of millions on Estonia’s real estates

During the last year, foreign buyers spent 96.4 million euro (LVL 66.3 mln) on properties in Estonia, making a total of more than 3.1 thousand transactions.