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Wednesday 20.03.2019 | Name days: Made, Irbe

Business Index: 56.7% of businessmen in Latvia believe government hurt businesses

When asked about the influence Latvia’s government has on the country’s entrepreneurship, 56.6% of interviewed businessmen said the government interferes with the sector, whereas only 7.3% said the government provides assistance, according to results of Turība University’s Business Index.

Moody’s affirms Latvian energy company Latvenergo’s credit rating at Baa2

International credit rating agency Moody’s has affirmed the credit rating of Latvian energy company AS Latvenergo at Baa2 with a stable future outlook, as stated in Latvienergo’s announcement.

Latvian Competition Council looks into scandalous «nano-water» case

The Competition Council in Latvia has acquired information regarding the so-called nano-water case, suggesting that municipal public transport company SIA Rīgas satiksme had taken part in a cartel agreement, coordinating an offer of one of the contenders and informing the company in advance of the happenings to ensure their victory in the procurement.

Latvian minister: EU cannot move away from multi-sided trade rules

The European Union cannot afford moving away from multi-sided trade rules, said Latvian Foreign Affairs Minister Edgars Rinkēvičs, participating in a meeting of the General Affairs Council in Brussels.

Latvia’s 2020 budget draft sent to the parliament for first viewing

On Tuesday, 19 March, Latvian Saeima’s Budget and Finance Committee conceptually supported this year’s state budget project and decided to submit it to the parliament for its first viewing. The committee decided to submit 14 additional legislative drafts associated with the budget, as reported by Saeima’s press-service.

Rigvir medication distribution in Latvia halted temporarily

Bio-technology company Rigvir has decided to halt distribution of Rigvir medication in Latvia temporarily, as confirmed by Rigvir Group CEO Kristīne Jučkoviča.

Parliament: Latvian universities should be among 500 best in the world

Latvia’s leading universities have a clear vision for the future. It is topical for continued development of the country’s education and science sector.

Heavy rainfall in Indonesia causes floods and landslides; death toll reaches 77

Approximately 77 people have been killed in mountain villages hit by floods and landslides caused by intense rainfall in Indonesia’s Papua Province, according to the latest information reported by Indonesian authorities.

Number of job vacancies in Latvia up 33.4% in 2018

In 2018, there were 22.7 thousand job vacancies in Latvia, which is 5.7 thousand vacancies or 33.4 % more than in 2017.

Swedbank: more than 1,400 Latvian families purchased property in regions last year

In 2018, Swedbank had issued more than 1,400 loans for property purchases within 50 km radius around Riga. This is an average of six loans issued every work day, as reported by Swedbank representative Jānis Krops.

Riga Mayor’s wife suspected of dubious employed in public water supply company

For eight years Riga Mayor Nils Ušakovs’ office manager Iveta Strautiņa-Ušakova worked as a consultant for municipal water supply company Rīgas Ūdens, as reported by LTV investigative journalism programme De Facto.

Air temperature in Latvia to stay positive this week; more precipitation expected

Weather will be dominated by cyclone activity this week. Wind speed will also increase in the country’s western parts in the first half of the week. At the end of the week, air temperature to become chilly at night, as reported by Latvian State Environment, Geology and Meteorology Centre.

Week in Lithuania. N-plant invites bids for repository construction contract

Lithuania's Ignalina Nuclear Power Plant, which was shut down a decade ago and is now being decommissioned, invited bids for the construction of a 100-million-euro near surface repository for low and intermediate level short-lived radioactive waste.

Polish Catholic church reveals mass child sex abuse by clergy

The administration of the Polish Catholic Church has stated it has since 1990 registered child sex abuse affecting 625 underage victims by 382 clergymen. Poland's Catholic Church authorities revealed the data on Thursday, March 14.

Insurer: children receive 11% more injuries during school breaks

During school breaks the frequency at which children receive injuries is 11% higher when compared to the year’s average, according to data from BTA Baltic Insurance Company.