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Monday 25.06.2018 | Name days: Maiga, Milija

Augstsprieguma tīkls to pay the state EUR 3.6 million in dividends next year

Augstsprieguma tīkls will have to pay the state EUR 3.6 million in the form of dividends in 2019, as decided by the Cabinet of Ministers behind closed doors.

ABLV Bank owners invest in a project of Latvian Museum of Contemporary Art in spite of bank’s collapse

Ināra and Boriss Teterevs, Ernests Bernis and Oļegs Fiļs have decided to continue the initiative regarding formation of a museum and investing in its fund more than EUR 1 million to finish development of a project launched by Latvian Museum of Contemporary Art.

Court puts ex-LDz manager’s bribery case viewing on hold until autumn

The viewing of the bribery case involving the now ex-manager of LDz Uģis Magonis in Vidzeme District Court has been put on hold until 11 September, as confirmed by Estonian businessman Oleg Osinovskis’ lawyer Jeļena Kvjatkovska.

June’s beginning to be dry and hot from time to time in Latvia

Drought will remain in Latvia at the beginning of June. Probability of rain will be low. There may be intense heat on some days and a rapid drop in air temperature at night, as reported by Latvia’s State Environment, Geology and Meteorology Centre.

Italian President agrees to second coalition government offer, ending impasse

Italian parliament's largest parties have made a U-turn and offfered a second coalition government, changing their choice of a eurosceptic Economy Minister to a pro-European one and thus ending prolonged political uncertainty in the country.

U.S. introduces steel, aluminium tariffs on imports from EU

Washington has stated it would introduce tariffs on steel and aluminium from the European Union, with Brussels reacting that it would answer with counterbalancing measures.

Heat waves to become the most serious climate change challenges for Latvia

The biggest challenges Northern Europe, Latvia included, can expect from climate change in the next five to ten years are heat waves and other extreme weather events, such as floods, according to experts from Intergovernmental Panel on Climate Change.

Saeima conceptually supports changing country’s material reserve administration system

On Thursday, 31 May, Saeima deputies supported in the first reading a legislative draft for a new State Material Reserve Law. This new draft suggests changing the country’s material reserve administration system, as confirmed by Saeima’s press-service.

Baltic States cannot afford creating air defence system

Formation of a comprehensive air defence system is not something Baltic States can afford on their own, as concluded in a report from Tallinn-based International Center for Defense and Security.

Minister: children’s safety should be a priority at all times, not just for one holiday

Any child capable of formulating their opinion should be provided with freedom to voice them in all matters that affect them. In addition, children’s opinion should be provided with enough attention in accordance with their age and maturity, says Latvia’s Welfare Ministry.

Latvijas balzams decides to keep last year’s profits of EUR 8.6 million undivided

AS Latvijas balzams has decided to keep last year’s profits of EUR 8.6 million undivided, according to the decision project submitted to the exchange. This matter will be discussed in more detail during the upcoming 14 June meeting of Latvijas balzams shareholders meeting.

MEPs question EC’s estimates for funding reduction of next multi-year budget

Members of the European Parliament request adequate funding from European Union to resolve defence and migration matters and ensure stable funding for Erasmus+ programme, BNN was informed by European Parliament’s Information Office in Latvia.

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