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Sunday 19.08.2018 | Name days: Melānija, Imanta

Week’s beginning to be warm in Latvia; heat to come back again soon

Weather in Latvia will be moderately warm at the beginning of the week. However, the heat is expected to return for a couple of days in the middle of the week. No major precipitation is expected, as reported by State Environment, Geology and Meteorology Centre.

LCCI: number of businesses experiencing difficulties with finding workers on a rise

The number of businesses that believe labour accessibility in Latvia has reached a critical level continues increasing, according to a survey performed by Latvia’s Chamber for Commerce and Industry.

Industrial production output in Latvia up 0.4%

Compared to June 2017, industrial production output increased by 0.4 % in June 2018. Production output rise was recorded in manufacturing and mining and quarrying, while as the amount of electricity produced declined industrial production output in electricity and gas supply fell by 8.9 %.

U.S. not to reduce its forces in Europe, says NATO North-East commander

Regardless of the funding criticism to NATO voiced by Washington, the U.S. army's presence in Europe is needed and will not be reduced, noted the Commander of NATO Multinational Corps Northeast, German armed forces General Manfred Hofmann to ERR.

Riga municipality to restrict waste management sector for 20 years

Riga municipality has decided to unjustifiably limit the number of service providers in waste management industry for 20 years, said Competition Council Communication Office manager Paula Vilsone, commenting on the recent tender for household waste management in a public-private partnership.

Latvian government agrees on 20% increase of doctors’ wages

Wages are to grow 20% every year from 2021 onward. A work group responsible for developing a plan for medium-term increase of wages for doctors has reached an agreement on this, as confirmed by Healthcare Ministry’s press-representative Oskars Šneiders.

New Unity and Union of Greens and Farmers submit their candidate lists

As submission of candidate lists continues, two more parties – New Unity and Union of Greens and Farmers – submitted their candidate lists for 13th Saeima elections to the Central Election Commission.

Apple market value reaches USD 1 trillion

U.S. technology firm Apple has become the world's first public company with the market value of USD 1 trillion.

Study: Latvian residents’ mood has improved in all areas

Latvian residents have become more positive about developments in the country. Positions in all indexes included in the study have improved. The biggest improvement was noticed in relation to the development of the general situation in the country, according to results of Baltic International Bank’s latest Latvian Barometer Study.

Competition Council invites residents to provide feedback on banking services

Latvia’s Competition Council invites residents to participate in a survey and provide feedback on factors that affect their decision to change banks. The survey is part of the market monitoring efforts intended to study bank client mobility in Latvia.

Estonian startups attract investment of EUR 245 million in 2018

Estonian startup companies, currently around 550 in number, have in the first six months attracted 245.6 million euros in investment, Startup Estonia has estimated.

Brawl in Tallinn ends with shot fired on street

In the Estonian capital, a man has been seriously wounded by a gunshot after an apparent fight between two strangers in a rare gun-crime in public space Tallinn.

Finance Commission: Latvia’s business sector has gotten rid of unwanted shell companies

As of 7 July 2018, the ratio of deposits from risky shell companies in Latvia’s banking sector was 0.03%. Most of this amount consists of the remaining balance of funds exiting the country, as reported by Finance and Capital Market Commission.

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