So far 5520 companies of Latvia have been liquidated, which is almost the corresponding figure of the whole last year - 5715.
In the third quarter of the present year, the real estate market gas undergone changes - apartments price climb stopped in September, although experts indicate price fluctuations still can be expected in future.
Real estate duty rate for housings, value added tax and non-taxable minimum might be increased next year.
When considering different options to enhance the management of state-owned enterprises, including the partial or full privatisation, there cannot be «holy cows» among the companies whose privatisation is not discussed.
It is most likely the coalition in the next Saeima will be formed by Unity (Vienotība), The Greens and Farmers Union (Zaļo un Zemnieku savienība) and All For Latvia! (Visu Latvijai!)-For Fatherland and Freedom / LNNK (Tēvzemei un Brīvībai/LNNK), according to Unity Co-Chairman Girts Valdis Kristovskis after having met with The Greens and Farmers Union.
Until the August 2010, Latvia had the second highest unemployment rate amongst 27 member countries of the European Union, namely, 19.5%; while Spain ranked first with 20.5%
Latvia shadow economy has reached 32% of the gross domestic product (GDP) this year, concluded international experts.
Although all the plans have not been fully implemented yet, about a million euro (703 000 lats) has already been invested in the development of Radio 101.
According to the most recent data, for the first time over the past few years, Latvia retail trade turnover, broken down by year, has increased.
Without rising taxes 2011 budget adoption at the necessary amount is unlikely, as it is not enough with expenditure cuts, consider economists of the leading banks of Latvia.
In August, the total retail company turnover increased by 1%, compared to this year’s July. The turnover of non-food product retail trade increased by 1.6%, while the food product retail turnover has shrunk by 0.1%.
The Irish government is about to the take majority control of Allied Irish banks and divert extra cash into Anglo Irish Bank, in order to avoid the financial crisis burden.