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Solidarity: capitalism in its current form will not last until the end of this century
Capitalism in its current form will not last until the end of this century – such is the opinion of the leader of Solidarity movement and former president of Poland Lech Wałęsa.
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Young people take largest possible fast credits
Young people up to the age of 25 who take fast credits often take the maximum possible amount. Older people are generally more careful, as the industry's specialists note.
Foreign media widely report Latvia's euro story
The conclusion of the European Commission (EC) and the European Central Bank (ECB) that Latvia is ready to become the 18th member state is widely reported in foreign media. At the same time, it is noted that there are concerns about the banking sector's stability and the difference in opinions within society.
Government asked to find solution to reduce residents' resistance toward speed cameras
On June 6, following the collective complaint signed by nearly 12 000 citizens, the Latvian Saeima requested the government to come up with amendments to regulations that would set rules for monitoring of speed limit violations using speed cameras.
Paris defends EU cultural products prior to EU-U.S. trade talks
Paris has said it will block the anticipated trade talks between the European Union and the U.S. if its demands not to include cultural industries will not be met.
Latvian market is now short of one cheese producer
Unable to compete with high milk procurement prices in export markets, Food Union has decided to stop cheese production.
CEC: quality of municipal elections was greatly above average
The election ballot scanning and recognition system has proven itself 100%, and the municipal elections on June 1 were carried out at a level greatly above average, as the Chairman of the Central Elections Commission (CEC) Arnis Cimdars told Latvian Radio this Thursday, June 6.
Foreign Ministry warns Latvians abroad to avoid mass public gatherings in Turkey
Seeing as how protest acts have been breaking out in Turkey's cities of Ankara, Istanbul and Izmir since May 31, Latvian Foreign Ministry advises Latvian tourists to steer clear of crowded areas and public gatherings.
Latvia shows the most rapid economic growth in the EU this year
Latvia's economy has demonstrated the most rapid economic growth among EU countries in Q1 2013.
“Bankruptcy wave” floods Europe
Last year, the number of insolvency processes increased significantly in Europe. Unlike most of Europe, there was a slight improvement in Latvia and Estonia – the number of such cases reduced by 4% in Latvia and by 6% in Estonia.
OlainFarm acquires controlling state in Silvanols
OlainFarm has acquired 23.37% of shares in the third largest Latvian pharmaceuticals company Silvanols, thereby becoming the holder of the controlling stake in the aforementioned company. OlainFarm already owns 47.51% of shares in this company.
Prime Minister: non-residents' money and low support will not stop euro adoption
Latvia has received questions in regard to non-residents' deposits in banks and low support of Latvian residents for euro, but those are no the criteria that decide a country's readiness to join Eurozone, said Latvian Prime Minister Valdis Dombrovskis.
Expert: 1 ha of land in Latvia could soon cost tens of thousands of euros
Thanks to the payments from the European Union (EU) and the progress in biogas development, the price of land in Latvia continues to rise and could soon become equal to that of Europe, where 1 ha costs tens of thousands of euros, Latvian Agriculture and Education Centre manager Martins Cimermanis predicts.
Direct foreign investments in Latvia – 95.7 million
A small deficit had formed in Latvia's current account in Q1 of 2013 – 49.9 million LVL or 1.4% of the projected GDP. The current account deficit was lower than the average one last year – 1.7% of GDP.
World Economic Forum to commence in Myanmar
The country in Southeast Asia hosts the World Economic Forum (WEF) to boost its own and regional development.
June 18 in Pictures
Minister: some deputies lack personal opinions and freedom
Standard & Poor's upgrades Latvia's rating
Series of deaths in circle of Aivars Lembergs
Eko Bus business is growing; a "war" begins
airBaltic cancels flights to Nice
Airbus A350 makes first flight successfully
Riga Free port official submits resignation because of a pleasure trip
Latvian Spilva plans to invest 500 000 in production
Latvian ice hockey player Kristiāns Pelšs is missing; he may have drowned
Firearms licence requirements to be made stricter in Latvia
Latvia's population has dropped 1% in 2012
PHOTO: iris – garden wonders of the Natural History Museum of Latvia
Latvia's costs of living reach a new record
Flying bicycle succeeds in test flight
Chemical weapons used in Syria, Washington claims
June 13 in Pictures
Huge system of storms moves over U.S.
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
VIDEO: The World In 2 Minutes
June 17 in Pictures
Photos of the week, 2013.06.14
June 12 in Pictures
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