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Tuesday 18.02.2020 | Name days: Kintija, Kora

Expert: Russians are not interested in Latvian real estate

Opportunity for foreigners to purchase property in Latvia in return receiving residence permit will not cause significant investment influx, believes the Russian company Intermark Savills investment and foreign residential market Head Igor Indrikson.

Latvian Prime Minister confused about Flick hiding airBaltic shareholder agreement

Latvian Prime Minister Valdis Dombrovskis does not understand why the airline airBaltic President Bertolt Flick refuses to publish the shareholders agreement.

MF Deputy State Secretary: property tax rise 15 times - exaggerated

The real property tax raise by fifteen times is rather exaggerated, admits the Ministry of Finance Deputy State Secretary on tax matters Juris Stinka.

Unelected Latvian Parliament members to get 3000 lats benefits

The Latvian Parliament (the Saeima) members that were not elected will receive one time benefit of 2 958 lats each.

Latvia Prime Minister: consumption and property tax should be reviewed

When consolidating the next annual budget, the consumption and property tax should be reviewed, indicated the Prime Minister Valdis Dombrovskis, who, most likely, will lead the next government as well.

airBaltic CEO: with strong private partner - state can be passive

Airline airBaltic experience shows state can be a passive enterprise owner, if the other one is a strong private company, said airBaltic President Bertolt Flick.

Neste joins BalticMiles program in Lithuania and Estonia

BalticMiles partner in Latvia – the fuel retail company Neste – has joined Neste in Lithuania and Estonia.

EasyJet shares value grows by 9%

British airline EasyJet shares value in London market soared by 9% after the company published data on last year's profit.

IMF: growing «currency war» threat

«Currency war» threat of the world's largest economies is growing, moreover there is an idea circulating the world that currency might be used as a political weapon, warns the International Monetary Fund (IMF) Head Dominique Strauss-Kahn.

Riga City Council supports 220 apartment procurement for 7.8 million lats

SIA Rīgas pilsētbūvnieks will purchase from the private company 220 finished apartments for 7.8 million lats, decided the Riga City Council Financial and Administrative Affairs Committee.

Financial crisis affects Nobel Prize

Nobel Prize laureates will be awarded the smallest amount of money over the past ten years.

Environmental damage costs in 2008 – 6.6 trillion dollars

The man-made damage to the environment in 2008 accounts for 6.6 trillion US dollars (3.4 trillion lats).

Billionaire Trump interested in becoming US President

American business and real estate magnate Donald Trump believes he could become the next US President.

Nine-month state budget revenue exceeds planned by 1.5%

In nine months of the present year, the state budget revenues plan has been fulfilled even exceeding the planned by 1.5%.

Economists considering US re-recession threat with caution

Most likely, instead of re-recession, a slow growth awaits the global economy, believe the Latvian bank economists, despite the relentless talks about the probability of reoccurring crisis in the US.

Rietumu Capital Center wins Architecture Award of the year

Architect bureau Zenico projekts has been awarded Riga City 2010 architecture prize for the business centre Rietumu Capital Centre (Vesetas Street 7) construction, which is the headquarters of Rietumu Bank.

Economist: current improvements are partly seasonal

The improvement of competitiveness can be achieved by increasing the productivity.

Apartment prices grew by 0.3% in September

Riga apartment prices rose by 0.3% in September.

Latvenergo CEO: our aim - European energy market

The new Board Chairman of Latvenergo Aris Zigurs (Āris Žīgurs) has pointed out Latvia participation in the European energy market as one of his main tasks.

«Test tube baby» father awarded Nobel Prize

The British physiologist Robert G. Edwards won the Nobel Prize in Physiology or Medicine.

Growing number of companies registered

Business minded people hope for the economic recovery and register new enterprises almost one third time more than last year.

Lembergs: government’s economic policy is not efficient

At the present moment, the government’s implemented economic policy is inefficient, considers the Mayor of Ventspils Aivars Lembergs.

Dombrovskis: budget development sticks to schedule

The development of the next year's budget is going on according to the set schedule, said the Prime Minister Valdis Dombrovskis.

Produced biofuel totals one-quarter of all Latvia’s fuel

The capacity of biofuel is so great we can provide with it one-quarter of all fuel in Latvia.

Lattelecom to collaborate with Indians

Indian enterprise Tech Mahindra is developing Lattelecom clients management system. The previous one had worn out technologically and morally, informed Lattelecom Tehnoloģijas director Girts Berzins (Ģirts Bērziņš).

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