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Growing number of asylum seekers in Latvia
This year, the number of asylum seekers in Latvia has increased, with April and May, in particular, reporting a larger number of asylum seekers from Georgia and African countries, the State Border Guard’s Coordination and Public Relations Department Chief Inspector Jevgēnija Pozņaka informed the business news portal BNN.
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Latvia foreign trade volume surges 38.3%
In January– March 2011, the Latvian total foreign trade at current prices amounted to 2934.3 million lats, which is 812.4 million lats or 38.3% more.
Government to raise minimum wage
Next year, the minimum wage in Latvia might be increased to 205 lats, but in 2014 – to 215 lats, according to the Finance Ministry's initial estimates.
State Border Guard does not list a million lats
Within the framework of annual financial audits in the Interior, Defence, Transport and Justice Ministries, Latvia State Audit Office has discovered significant discrepancies to have an impact on these ministries budget performance.
Subsistence level hits 174.22 lats in April
In April 2011, the subsistence level amounted to 174.22 lats in Latvia, according to the Central Statistical Bureau information.
85% of investors expect Greece default, with Portugal and Ireland following
Nearly 85% of investors around the world expect that sooner or later Greece will fail to repay its debt and will be forced to default.
Businessman: hopefully, Microsoft will develop Skype in Estonia
Estonian social web-portal rate.ee founder Andrei Korobeinik expresses a hope global software giant Microsoft will keep developing Skype in Estonia, as the deal could lead to hundreds of new jobs and help develop the economy.
Analysts: Baltic States economies have peaked
The Baltic States Estonia and Lithuania’s economic growth is likely to slow down, slipping from the first quarter peaks. This will be due to the foreign demand drop causing limited export, which so far was the driving force of countries’ development.
GDP could expand 0.8% in EU
European Union (EU) and eurozone GDP could grow 0.8% in the first quarter if 2011, compared to the previous one, according to Eurostat flash estimate.
Expert: European tourism industry is reviving
The number of Europeans travelling during holidays is growing – last year 68% of the European Union residents went on a trip, while in 2009 – 65%.
Corruption Prevention Bureau employees shocked about Vilks dismissal
Latvia Corruption Prevention and Combating Bureau (CPCB) employees and officials trade union is expressing its disappointment with the dismissal of CPCB's deputy director Alvis Vilks, without coordinating the move with them.
Egypt requests loan from IMF
The International Monetary Fund has received a loan request from Egypt, which needs financial resources to develop its economy, says Caroline Atkinson, IMF representative.
United Nations: one third of world's food is wasted
1.3 billion tonnes or one third of all the food produced for human consumption all around the world is dumped each year. Moreover, industrial and developing countries lose about the same amount of food.
May 23 in pictures
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
PAA bath manufacturer modernizes production plant and creates Silk Stone material
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?
Criminal proceedings initiated following searches in RCC Transport Department
Weekends expected to have +30° C heat in Latvia
Combined heat and power plants produced 64% of the total heating energy in Latvia in 2012
Latvia will not be organizing the 2017 World Ice Hockey Championship
Gold shipment worth EUR 483,000 lost in Miami
French President: austerity endangers EU
Petrol price fixing scandal: oil giant bosses to be jailed if found guilty
The most horrifying industrial disasters of all time
Cannes film festival suffers $1m jewellery theft
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 22 in pictures
May 21 in pictures
May 20 in pictures
Photos of the week, 2013.05.17.
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