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Friday 10.04.2020 | Name days: Anita, Anitra, Zīle

Latvian government supports idea to support municipal companies during crisis

Municipalities in Latvia will have the right to receive state budget loans to increase base capital of municipal companies if their turnover drops more than 50% because of COVID-19 crisis, as provided by amendments supported by the Cabinet of Ministers on Thursday, 9 April.

Nordic Investment Bank lends Latvia EUR 500 million to battle COVID-19

The Nordic Investment Bank and Republic of Latvia have signed a loan contract on provision of EUR 500 million for ten years. The loan is expected to be used to finance efforts to battle COVID-19 pandemic, BNN was told by Finance Ministry.

COVID-19 update in Baltics. 589 infections in Latvia, 955 in Lithuania, 1 207 in Estonia

The number of confirmed COVID-19 infections in Latvia has reached 589, increasing by 12 new cases in the past day. Lithuanian media, meanwhile, report 955 confirmed cases.

EU Court: Poland has to reform disciplinary body in its Supreme Court

The European Court of Justice has called on Poland to stop the operation of the Disciplinary Panel of the Polish Supreme court to separate it from the influence of the parliament and government, British public broadcaster BBC reports.

Riga’s administrators reserve EUR 13.87 million to battle COVID-19

During the approval of the city’s 2020 budget, Riga’s interim administrators decided to increase Riga’s reserve fund’s volume to EUR 13.87 million.

EUR 45.5 million to be diverted for support of agriculture in Latvia

To reduce the COVID-19 crisis in agriculture sector Latvia’s government will divert EUR 45.5 million, as agreed by Finance Minister Jānis Reirs’ work group for support of entrepreneurship and employed people on Wednesday, 8 April.

Reminder: no visits during Easter holiday

The holiday is near and people want to know if they can meet relatives and friends. Latvian Healthcare Ministry reminds – the virus has no holidays. Any private events involving people who do not live together are prohibited.

Latest on COVID-19 in Baltics. 577 in Latvia, 912 in Lithuania, 1 185 in Estonia

The number of COVID-19 infection cases in Latvia has reached 577, increasing by 29 cases in the past day. Lithuanian media, meanwhile, report 912 confirmed infection cases. Public data in Estonia reports 1 185 infection cases in this Baltic State.

Inflation in Republic of Latvia reportedly at 1.4% in March

Compared to March 2019, the average level of consumer prices rose by 1.4 % in March 2020. Prices of goods have increased by 0.9 % and prices of services by 2.7 %.

Lithuania’s BC chief: «Latvia’s COVID-19 support for business has been swifter»

It is official: Lithuania is extending lockdown until April 27 to combat the coronavirus pandemic which death toll in the country stood at 15 as of Wednesday noon. As many as 912 persons were diagnosed with COVID-19 by then.

BNN EXPLAINS | Envelope wages – one of the main reasons why idleness benefits may be denied

People need certainty – if they honestly pay taxes, they should be able to receive support from the state in the event of a crisis, since they have taken care of the state all this time by paying taxes, BNN was told in a phone conversation by chairman of LBAS Egils Baldzēns.

Latvian government supports dismissal of State Land Service’s director general

Latvia’s Cabinet of Ministers has supported Justice Ministry’s prepared decision project that details the dismissal of the State Land Service director general Solvitai Zvidriņa from her post, as confirmed by Justice Ministry.

China lifts lockdown in Wuhan

In the Chinese city of Wuhan, where the global pandemic of COVID-19 began, a lockdown has been lifted for the first time since January, British news portal The Guardian reports.

Support in Latvia for COVID-19 crisis prevention reaches four billion euros

The volume of support available in Latvia to finance preventive measures to overcome COVID-19 crisis has reached four billion euros, as reported by Latvian Finance Minister Jānis Reirs on Tuesday, 7 April.

75 reports on competition distortions reported to Competition Council in 2019

Last year, the Competition Council received a total of 75 reports related to competition distortions caused by public persons, according to information listed in the latest public account for the institution’s more significant accomplishments in 2019 and developments in competition rights enforcement in Latvia.


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