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Ceturtdiena 18.10.2018 | Name days: Rolanda, Rolands, Ronalds, Erlends

Lithuania prepares digital coin for collectors

The Bank of Lithuania announced that it will release a crypto coin aimed at numismatics' enthusiasts some time in 2017 and the virtual coins will not be meant for use in circulation or employed as a recognised medium of payment.

Amendments proposed to allow pensioners to receive pension from their dead spouse

On 6 March, Latvian Association of Regions submitted amendments to the Law on State Pensions and Law on State Funded Pensions. These amendments provide that pensioners who outlive their spouse are to be paid 50% of their pension capital.

Russia investigates its army plane crash in Syria, death of over 30 people

The Russian Defence Ministry has stated that in Syria a Russian military transport plane has crashed taking the lives of over 30 people.

Baltics and five more EU members stand for finishing current EU reforms instead of starting new ones

Voicing their view of the Franco-German plans to reform the European Union, the Baltic states and five other northern EU members called on other partners to concentrate on finishing the banking union, enhancing compliance with budget rules and also on the establishment of the European Monetary Fund.

Volume of energy realized by Enefit in Latvia grew 15% in 2017

Enefit reached stable growth indexes in Latvia’s gas market in 2017, concluding the year with 23.5% growth of profits and an expanded customer portfolio.

Latvian companies use trademark protection options more and more often

The number of applications detailing national trademarks had increased considerably last year, reaching 1,798 in total. An increase has been observed in regards to national and international procedures, BNN was informed by the Patent Office's Intellectual Property Information Center.

Wild wolves become more visible in Estonia, but people said to be safe

In north-western Estonia, wolves have become more visible to human population and a dog owner in Pürksi village in Lääne County has said that his dog has been attacked by wolves.

FCMC receives ABLV Bank’s self-liquidation project

On Monday, 5 March, Finance and Capital Market Commission received ABLV Bank’s documents on self-liquidation. If no need arises to request additional documents, FCMC will review provided information in no more than 30 days.

First Baltic fin-tech accelerator opens up

Swedbank headquarters in Riga has become the home for B2B accelerator Startup Wise Guys start-up support programme. Nine start-ups from nine corners of the world were picked from 80 contenders, as reported by Swedbank representatives.

Average housing costs in Latvia declined by a mere two euros in 2017

In 2017, housing costs in Latvia constituted EUR 138 a month. Over the last two years, housing costs almost have not changed. Last year, households spent on average 13.5 % of their disposable income on housing.

Skycop: airline worker strikes are becoming a serious problem

Last year, airline workers’ strikes had put at least 400,000 travellers in an inconvenient situation. Experts predict that because of the unstable financial situation of different European airlines, strikes will become an even bigger problem in the future.

Association: public disclosure of state and municipal officials is akin to «public nudity»

Latvian Health and Social Care Workers' Union is concerned about Saeima’s supported proposal to make information about wages paid to state and municipal officials publicly available. The union notes that this would not comply with the Constitution of the Republic of Latvia .

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