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Wednesday 08.07.2015 | Name days: Adele, Antra, Ada

Poland completes world's tallest Jesus statue building

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The statue of Jesus Christ, which is 52 meter high, has been built in Poland. Its height exceeds the statute of Christ in Bolivia by 18 meters, reports thenews.pl.

«We have fulfilled a work of life time,» said creator, Father Sylwester Zawadzki.

The completion of the statue was postponed by a month, because it was problematic for the giant crane to put Jesus’ head onto the statue. Moreover the head fell down and injured a worker.

The statue will be unveiled officially on November 21 and it is located in Świebodzin, western Poland.

The Mayor of the city Dariusz Bekisz believes the statue will attract huge amounts of tourists, «More and more people will come and leave their money here.»


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Latvian police discover one million contraband cigarettes in Agenskalns

On the last day of June, officers of Economic Crimes Office of Latvian State Police apprehended a group of three individuals who were distributing illegal cigarettes. State Police confiscated a total of one million cigarettes, as reported by State Police Public Relations Department representative Toms Sadovskis.

CSDD to divert revenue in favour of procurement of stationary speed cameras

The Cabinet of Ministers decided that Road Traffic Safety Directorate will not have to pay the state budget dividends from its revenue for 2014. Instead, this money will be diverted for other goals.

Riga airport and Latvian Air Traffic will no longer have to pay dividends to the state

Both Riga International Airport and Latvian Air Traffic will no longer have to pay dividends from revenue to the state for the year 2014. This was decided during the 7 July meeting of the Cabinet of Ministers.

Saeima committee agrees to let authorities punish Serzants

Saeima Mandate, Ethics and Submissions Committee has unanimously agreed to allow Latvian State Police to punish deputy Karlis Serzants from the Union of Greens and Farmers for causing a road traffic accident.

Four ways how Latvians living abroad «warm» Latvia’s economy

Every fourth person to have emigrated from Latvia in the 21st century and every fifth Latvian of young age contemplated creating a company in Latvia, create a company on his own or help his employer form business relations with Latvian partners, according to results of a survey carried out by researchers of the University of Latvia.

Disciplinary violations noted in Latvia’s preparations for World EXPO

Latvian Economy Ministry has concluded its disciplinary investigation regarding preparations for the country’s participation in Expo Milano 2015. Multiple serious disciplinary breaches have been uncovered.

Skonto būve turns to court against State Environmental Service

This Monday, 6 July, Skonto būve submitted claims to the court against State Environmental Service, saying that the institution had intentionally breached contract requirements and refused to exact payment for work carried out by the construction company in the Incukalns tar ponds project without providing any justifiable reasons.

NA: government’s decision in refugee matter is unconditional surrender

National Alliance has expressed its condemnation of the decision made by ministers of Unity and the union of Greens and Farmers in regard to the resettlement of 250 refugees from Northern Africa in Latvia.

Rimsevics: Eurozone may benefit from Greece’s exclusion

According to Governor of the Bank of Latvia Ilmars Rimsevics, the Greek people have basically voted themselves out of Eurozone, which could benefit from this in the long run, as reported by lsm.lv.

7 July marks the end of Latvia’s presidency over the EU Council

On Tuesday, 7 July, Prime Minister Laimdota Straujuma will take part in a plenary meeting of the European Parliament in Strasbourg. During this meeting, she will report on Latvia’s accomplishments during the presidency over the EU Council. She will also answer questions of MEPs.

Germany rejects hasty deal in Greek debt crisis

Germany on July 6 rejected Greece's proposal to swiftly agree on a new bailout programme after the country dismissed international lenders' austerity demands in referendum and Greek finance minister resigned from office.

Latvian President Raimonds Vejonis’ team becomes known

The composition of the team of experts that will work with Latvian President Raimonds Vejonis has become known. Aleksandr Bimbirulis will continue his work as the head of the State President’s Chancellery.

UK issues order to arrest former owners of Latvijas Krajbanka and Snoras Banka

Britain has issued an order for the arrest of former owners of Latvijas Krajbanka and Snoras Banka Vladimir Antonov and Raimonds Baranauskis. When Antonov’s lawyer announced that his client had departed to Russia, the British court called back the decision to allow the aforementioned individuals to remain free in exchange for bail money.

Latvian government approves resettlement of 250 refugees

This Monday, 6 July, Latvian government approved Interior Ministry’s submitted project on Latvia’s position in regard to the European Union’s resettlement and asylum change policy. With that, the government has approved the resettlement of 250 refugees.

FM: Russia continuously increases its military presence near Baltic borders

Russian forces have been gradually growing near the Western borders – Baltic States, Poland and Nordic countries – since 2012, according to information from Latvian Defence Ministry.

Latvian State Police ask permission to punish Karlis Serzants

Latvian State Police have requested permission from the Saeima to prosecute deputy Karlis Serzants from the Union of Greens and Farmers for causing a road traffic accident.

Industrial production output up 6.5%

Compared to April, Latvia’s industrial production volume decreased by 2.1%, according to seasonally adjusted data, in May 2015. A drop of 12.8% was noted in in mining and quarrying, in manufacturing – a decrease of 1.9%, and in electricity and gas supply – decrease of 0.3%.

EY: appearance of new jobs hit a new historic peak in Europe last year

2014 had been mostly successful for Baltic States: an increase of 9% in terms of attracted investment projects and 31% more jobs created.

Bouncy castle party turns tragic in Estonia

In Estonia, two children have died and three have been injured in a tragic accident with a bouncy castle over the weekend.

Economic Diary of Latvia. All entrepreneurs to be made honest

Latvia’s presidency over the European Union Council concluded this week. And although some experts are inclined to call Latvia’s presidency «mediocre – without any major failures and achievements», considering that Latvia had no prior experience, the result can be considered significantly better than what experts say.

Tsipras praises Greeks for «brave choice»

Rejecting the terms of the third international bailout programme, Greeks have done a brace choice - Greece's Prime Minister Alexis Tsipras has commented on the July 5 referendum in Greece.

Reirs: Greece says «no» to continued membership in Eurozone

In the recent referendum, the majority of Greeks voted «against» cooperating with international partners. With that, it can be concluded that Greece also says «no» to assistance from international partners and the country’s continued membership in Eurozone, as Latvian Finance Minister Janis Reirs comments results of the referendum in Greece.

Week in Lithuania. Lithuanian government weighs options to cut Klaipėda LNG terminal’s costs

The Lithuanian government is looking into several options to cut the costs of maintenance of the Klaipėda liquefied natural gas terminal, Prime Minister Algirdas Butkevičius said on Thursday, July 2.

Economist: Greece has come close to being forced to release its own currency

«Greece has come close to being forced to release individual currency just to service internal transactions. Thereby the country could basically exit Eurozone. This possibility currently looms at above 50%,» – says economist CBLA Asset management Board member Zigurds Vaikulis.

Dzintars: NA will not change its position on refugee matter

The National Alliance will not change its position. The party strongly believes Latvia should not have to resettle refugees coming to Europe from North Africa, says Co-Chairman of NA Raivis Dzintars.