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Monday 18.12.2017 | Name days: Klinta, Kristaps, Kristofers, Krists

Saeima rejects proposal on lowering entry bar for parliamentary elections

Reviewing amendments to the Saeima Elections Law, deputies declined Gunārs Kūtris’ proposal to lower the entry barrier for next year’s parliamentary elections from 5% to 3%.

Prime Minister: Latvia wishes to work in Japan’s global financial technologies market

Latvia has a unique synergy between traditional finance sector and fintech companies. People there constantly come up with new solutions to make Latvia the first choice for fintech company headquarters, said Latvian Prime Minister Māris Kučinskis at the opening of World FinTech Day Latvia business seminar in Tokyo on 7 December.

Large companies predict turnover rise for 2018

Most large companies in Baltic States predict their turnover to rise next year. Such an opinion was voiced by 67% of large businesses in Latvia, 70% in Estonia and 59% in Lithuania, according to SEB Bank’s financial directors survey.

Cimdars: there are concerns about qualifications of people working at election sites

If wages of people working at election sites is not increased, serious concerns about people’s qualifications will appear, said chairman of the Central Election Commission Arnis Cimdars in an interview to 900 seconds programme of LNT.

Ex-prime minister: education and science should be budget priorities for 2019

«Latvia’s competitiveness in the world can only be based on education, science and innovations. These fields should be budget priorities in 2019,» says chairperson of Saeima’s Sustainable Development Committee Laimdota Straujuma.

Forevers: illegal food production is a time bomb

«Unfortunately, violations in the meat processing industry still exist. It is sad that reaching the point of taking action against them, it is necessary to risk with people’s health,» said Forevers chairman Andrejs Ždans.

Experts: education and media support play a major role in the fight against fake news

To reduce the influence of fake news, society should be educated and supports should be provided to free and quality media, said participants of a discussion ‘Latvia’s security in 21st century: fake news as an instrument to influence people’s opinion’ organized in Riga Castle on 6 December.

State Chancellery’s lawyer: normative acts are often rushed and poorly planned out

Regulations are often rushed and poorly thought out, creating a situation when there is not enough time to adequately review them, says State Chancellery’s Legal Department manager Inese Gailīte said during a discussion about the quality of normative acts.

Latvian MEP recognized as the most active parliament member from Baltic States

Non-government organization for European Union administrative data analysis MEP Software has presented the latest rating of MEPs. In it, Roberts Zīle is put on the top of the list of MEPs from Latvia and Baltic States as one of the most active members of the European Parliament.

Riga Black Balsam enters the market in US

Riga Black Balsam brand has begun exploring the market in the United States of America. Exploration of the market commenced with New York, followed up by a presentation of Riga Black Balsam in Texas, Florida, San Francisco and Illinois in 2018, as reported by the company’s representatives.

Latvian minister submits requested documents to parliamentary committee; reports on inspections

On Wednesday, 6 December, Latvian Economy Minister Arvils Ašeradens participated in a meeting of the Saeima’s Parliamentary Inquiry Committee, providing answers to questions asked by deputies in relation to permits issued for production of subsidized energy and decisions made in this field.

Mobile phones – one of the most rapidly growing garbage types in EU

Latvian households keep piles of unused mobile phones – such is the conclusion of the survey performed by MTTC in Baltic States. Two out of three households have at least one or two mobile phones that are no longer used.

Latvia to send one more civil expert to Ukraine as part of OSCE mission

Latvia’s government has decided to send one more civil expert to Ukraine as part of the special monitoring mission performed by the Organisation for Security and Cooperation in Europe there, as confirmed by Foreign Affairs Ministry.

Latvian government plans to improve state of fish resources in country’s waters

The government in Latvia has supported Agriculture Ministry’s report on increased subsidies from state budget for Fish Foundation. This report was prepared to make the use of state budget subsidies for achieving goals detailed in the Fisheries Law more efficient, as well as to improve the state of fish resources in the country’s waters.

Special information system for investors to be formed in Latvia

To help promote Latvia’s competitiveness in foreign markets and attract more direct foreign and local investments and increase the level of awareness of local and foreign investors, Latvia’s Cabinet of Ministers approved the formation of a new Export and Investment Information System.

Riga International Airport’s turnover reaches 40.5 million euros in 2017

Net turnover of Riga International Airport reached EUR 40.5 million in nine months of 2017, according to data from the airport’s unaudited account for the nine-month period of 2017.