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Tuesday 19.03.2019 | Name days: Jāzeps

Priorities of Bordāns’ potential government in Latvia are taking shape

Five political parties New Conservative Party would like to see in the next Cabinet of Ministers have reached an agreement on priorities of the potential new government in Latvia. More clarity on the possible division of posts, however, was not reached at the first round of talks this Monday.

Unemployment level in Latvia remained at 6.1% in October

In October 2018 unemployment in Latvia was at 6.1% of the country’s economically active residents, according to information from the State Employment Agency.

Grindeks: medicines to become more expensive because of new European requirements

Due to the adoption of a verification system to check safety of medicines, medicines are expected to become more expensive, said Juris Bundulis, board chairman of Grindeks.

Political parties submit proposals for Saeima committees

In continuation of talks regarding the parliament’s work, political parties elected to the 13th Saeima have voiced their expectations and proposals for future governance of Saeima committees.

Retail trade in Latvia grows more rapidly than average in Europe

Compared to the same month of 2017, retail trade turnover in Latvia grew by 3.5% in September 2018. This is more rapidly than the average in the European Union, according to data published by Eurostat.

Latvian farmers worried over short term for use of financial support from EP

Farmers are satisfied with the decision made by the European Parliament’s Budget Committee to provide financial support to Latvian farmers who suffered losses from intense rainfall last year. However, farmers are worried about the short period of time provided for the use of said finances.

Ministers elected to Saeima to temporarily work both in government and the parliament

Ministers elected in Latvia’s parliament will continue working both in the 13th Saeima and the government until a new Cabinet of Ministers has been approved.

Funding for cohesion to be Latvia’s priority in 2019 EU budget

Latvia’s priority in the 2019 European Union budget will be funding for cohesion, as mentioned in the national position approved by the Cabinet of Ministers. This position will be reported to Economic and Financial Affairs Council on 16 November.

Rimi Latvia – last year’s largest trade company in the country

Last year, the largest company in Latvia was Rimi Latvia turnover-wise: its turnover reached EUR 870.428 million, according to information from SIA Firmas.lv and LETA.

Official secret permit issue system helps determine possible spies

Latvian Defence Ministry does not deny that termination of permits to access official secrets for workers of the defence system is one of the methods to help determine possible spies without handing them over to court, the ministry notes.

State Audit dissatisfied with slow pre-trial investigation field’s re-organization

Problems associated with pre-trial investigation efficiency and quality are not resolved sufficiently enough in Latvia. Because of that, it is necessary to prepare an action plan to improve pre-trial investigation functions, State Auditor Elita Krūmiņa wrote in a letter to Prime Minister Māris Kučinskis.

EBRD expects Latvia to have the most rapid economic growth among Baltics

European Bank for Reconstruction and Development has upgraded Latvia’s GDP growth outlook for 2018. The Bank expects state economic growth in Latvia to be the most rapid in Baltic States.

EUR 610,374 needed to compensate deputies not re-elected to 13th Saeima

Deputies that were not re-elected to the 13th Saeima will be paid compensations. The total amount will be around roughly EUR 610,374 before taxes, as reported by Saeima’s press-service.

Bribery case against former Daugavpils vice-mayor and businessman to be viewed next year

Zemgale District Court in Jekabpils has decided to postpone viewing the criminal case in which former Daugavpils vice-mayor Vjačeslavs Širjakovs and businessman Sergejs Karnauhovs are accused of bribery worth EUR 60,000 until February 2019.