bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Sunday 19.11.2017 | Name days: Liza, Līze, Elizabete, Betija

Shadow economy hits 32% of GDP

Latvia shadow economy has reached 32% of the gross domestic product (GDP) this year, concluded international experts.

Million euro invested in Radio 101

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.

Retail trade sector recovers

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.

Economists: tax rise in inevitable

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.

Retail trade turnover grew by 1%

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%.

Irish government to invest more in Allied and Anglo Irish banks

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.

Latvia and Hungary not to expect economic growth

Although there are certain risks that in the second half of the year the Eastern Europe countries economic growth might slow down because of global economic situation worsening, improvement is to be expected in all the region's countries, except Latvia and Hungary.

Latvia gets half a billion euro more from EU budget than pays in

Over the last year, Latvia has received half a billion euro more from various European Union budgetary payments than it has paid in the block‘s budget.

Stock exchange CEO: state property management could be more efficient

The state-owned property is not managed efficiently and transparently enough, points out the Chairperson of NASDAQ OMX Riga Board Daiga Auzina-Melalksne.

Estonian economy - one of region's leaders

The economy of the Central and Eastern Europe stabilizes, yet there are still many risks left. Estonia is one of the region's leaders in economy stabilization indicators.

Tallinn Mayor revokes school and day-care centre budget cuts amendments

The Mayor of Tallinn Edgar Savisaar dubbed the Financial Director’s letter, concerning the budget cut implementation to day-care centres and schools, as a technical document, whose main aim is to ensure the discipline.

Saab signs contract with BMW

Construction costs decrease by 0.4%

In August 2010, compared to July, the construction costs in Latvia declined on average by 0.4%.

Rīgas marka to start its journey in Nizhni Novgorod and Ekaterinburg

The products under the brand name Rīgas marka will initially be launched in the Russian market in Nizhni Novgorod and Ekaterinburg, and not in Moscow.

Newest comments