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Tuesday 19.03.2019 | Name days: Jāzeps

Public persons’ property confiscation procedure to be changed

Today, January 31, the government’s Committee approved the new procedure of public persons’ property expropriation.

FM refuses providing information on restitution of Jewish properties

The Ministry of Foreign Affairs will not provide a list with properties to be restituted to the Latvian Jewish community, as the issue of the restitution of Jewish properties is in a negotiation stage, but no agreement has been reached yet, the press secretary of the Ministry Jānis Sīlis says.

Half of households to pay more for electricity from April

Starting from April this year, electricity tariffs will increase for half of Latvia’s households, Latvenergo, according to Board Member Uldis Bariss and the Ministry of Economics State Secretary Juris Pūce.

Spiking vegetable prices

In January, this year, vegetable prices rapidly increased; moreover, a sharp decline in local potato stock is observed due to Russian dealers' activity, experts indicate.

Sweets, coffee and milk price gains

Along with the procurement price increase, the price of sweets, coffee, milk and dairy products has also surged; moreover, price gains are expected for tea and fish products as well, food retailers say.

Former State Police and special unit Alfa employees involved in armed robbery

Two of the detained persons connected to the armed robbery in Jekabpils on Tuesday morning are the State Police Tukums District employees who have been previously dismissed from their posts due to other criminal proceedings. One of the detainees is the special unit Alfa member, informed the Interior Ministry’s representative Gunta Skrebele.

Latvian Employers’ Confederation: our cautiousness delays entering Russia

It is the Latvian cautiousness that hinders enterprises from entering the Russian market, considers the Latvian Employers' Confederation Permanent Representative in Russia and a businessman Zigurds Skrodelis.

Court employees demand equality principle in salary determination or they will strike

More than 20 Latvia’s District (City) courts and the Land Register Department employees have filed letters to high-level officials, requiring to prevent inobservance of legal norms and principles and ensure the equality principle in remuneration.

Meat processors and traders caught dodging taxes

January came with the State Revenue Service (SRS) Financial Police Department (FPD) discovery of a scheme implemented by a meat processing company and meat product store chain owner. They avoided tax payment by reprogramming electronic cash registers and indicating a reduced value or quantity of goods in the consignment notes.

Latvian economy to grow 3% this year

This year the Latvian economy will spike about 3%, while export, having surged 29% in 11 months last year, will still be the key economic driving force, the senior economist at AS Nordea banka Andris Strazds indicates in a press video conference.

Vilks: budget deficit should be reduced to 5% of GDP

This year Latvia will continue to take steps to reduce the state budget deficit to 5% of the gross domestic product, the Finance Minister Andris Vilks indicated in Euromoney Central and Eastern Europe Conference in Vienna.

Special categories of passengers to travel for free in route taxis

Starting from January 1, next year, route taxis will not be able to avoid transporting certain categories of passengers for free; so they should be clearly specified to be compensated afterwards, AS Rīgas taksometru parks Chairman Leopolds Muižnieks says.

Daugava denies ignoring loan payments

We have not ignored loan payments included in the agreement concluded with Swedbank, says SIA Daudznozaru kompānija Daugava Board Chairman Aigars Vaivars, denying the previously announced information about the company not meeting its liabilities.