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Friday 23.06.2017 | Name days: Līga

Non-bank loan rates drop by 30%

The number of companies issuing loans with the help of messages or the Internet has grown recently. The interest rates have fallen on average by 30% and the maximum amount to be lent also diminishes.

Kalvins: pharmaceutical companies do not want to cooperate

In order to create a billions of lats worth medicinal product in the Latvian pharmaceutical sector, a cooperation between enterprises and political commitment is necessary.

Muceniece: business tax burden should not be increased

The tax rates could be reconsidered, raising some tax rates and reducing others; thus it would be possible to reach total tax burden reduction, considers the Chairperson of the Latvian Taxpayers Association Board Dana Muceniece.

Six moths delay of payment - for 14.6% of borrowers

Amongst the obligations with delays in payment, the largest proportion are those that have been delayed for more than 180 days or about half a year – 231 776 obligations or 14.6%.

Lithuania Prime Minister: 2011 budget deficit will stick within 5.8%

The Prime Minister of Lithuania Andrius Kubilius says Lithuania will stick to its aim to reduce the next year's budget deficit, as it is preparing to introduce the euro.

Barroso: financial crisis will not repeat

The European Commission President José Manuel Barroso stated that the economy of Europe will grow, rejecting assumptions of repeating financial crisis.

Kogan: speculators prefer investing in gold, not oil

At the present moment, the global oil prices have become less dependent on the stock market speculations, because the profiteers rather choose to invest in gold, believes the Deputy Chairman of LUKoil Board Haim Kogan.

Germany public debt hits record high

In the first half of the present year the public debt of Germany has reached a record high level hitting 1.721 trillion euro.

airBaltic leaving the Latvian market would be a disaster

If the airline airBaltic left the Latvian market, it would be a catastrophe for the tourism industry, said the executive director of the Latvian Hotels and Restaurants Association (LHRA) Santa Graikste.

iPhone 4 mobiles bought up in 18 minutes

The company Latvijas Mobilais Telefons, today, September 24, at 9 AM, initiated the sales of iPhone 4 on their website.

Eurozone collapse rumours declared invalid

The rumours of the single European currency disappearance had proven to be highly exaggerated and the increase in the euro rate indicates that the investors are now far more concerned about the inflation and the economic decline in the US.

Lithuania likely to miss 2014 «euro train»

Lithuania might not succeed with the introduction of the euro in 2014, because the country is likely to exceed the Maastricht inflation criterion, while Estonia could manage to entry into the euro zone, considers the SEB Banka advisor Gitanas Nauseda.

Gates still the wealthiest man in America

The crisis has not stopped the American billionaire Bill Gates from accumualting wealth. As about half of US richest men profit grows annually, Bill Gates is still at the top.

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