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Monday 20.05.2019 | Name days: Venta, Salvis, Selva

Egils Levits could secure at least 55 votes in presidential elections

If Saeima deputies vote as the have promised, European Union Court of Justice Judge Egils Levits could secure at least 55 votes in presidential elections.

Reform Party leader fails to gather support to form Estonia’s new government

Estonia’s Riigikogu decided on Monday, 15 April, to not entrust formation of the new government to Reform Party’s leader Kaja Kallas, who was officially nominated by President Kersti Kaljulaid as prime minister candidate on 5 April.

Fitch affirms Latvia’s credit rating at A– with stable future outlook

International credit rating agency Fitch Ratings maintains Latvia’s Long-Term Foreign-Currency Issuer Default Rating at ‘A–‘, maintaining stable future outlook.

Earthquake at national media council? Prominent council members steps down

Gunta Līdaka, a member of Latvia’s National Electronic Mass Media Council responsible for supervision over commercial television industry, has announced her decision to step down, as reported by LTV.

Finance Ministry upgrades Latvia’s GDP outlook to 3.2% for 2019

Latvia’s Finance Ministry has upgraded the country’s GDP growth outlook for 2019 by 0.2 percentage points – to 3.2%, according to the ministry’s Latvia’s Stability Programme 2019-2020 project.

Riga Central Market’s restoration to require EUR 18 million more than planned

Restoration of territories of Riga Central Market will cost EUR 18 million more than initially estimated. Funds are required for two separate projects – reconstruction of the market’s cellars and restoration of the central market’s channel infrastructure and public outdoor space.

Latvian ministry proposes reducing number of municipal deputies from 1,614 to 686

Following the administrative territory reform, it is planned to reduce the number of municipal deputies from 1,614 to 686, said Latvia’s Environment Protection and Regional Development Minister Juris Pūce at a press-conference on Wednesday, 10 April.

Latvian authorities detain ten child pornography distributors

In a large-scale operation that took place last week Latvian police detained ten of the most active child pornography distributors, as confirmed by Latvia’s State Police Sex Crime Prevention Department Chief Oļegs Lavčinovskis.

SEB Bank decides not to extend Riga public transport company’s overdraft agreement

SEB Bank has decided to not extend Riga municipality’s public transport company Rīgas satiksme’s overdraft agreement of EUR 3.2 million, as confirmed by the company’s representative Baiba Bartaševiča.

Riga’s vice-mayor promises to patch potholes on streets and resolve RS scandal

Acting chairman of Riga City Council Oļegs Burovs has promised to resolve the problems uncovered at public transport company Rīgas satiksme and public utilities company Rīgas namu pārvaldnieks, as well as patch potholes on the streets of the capital.

Most banks in Latvia have failed to submit audited annual accounts on time

Most of the banks present in Latvia have not published audited annual accounts for the previous year, according to information compiled by LETA.

Latvian minister may announce Riga mayor’s dismissal soon

On Friday, 5 April, Latvia’s Environment Protection and Regional Development Minister Juris Pūce may announce the dismissal of Riga’s Mayor Nils Ušakovs, according to unofficial information from LETA.

New LTV board member refuses to step down in spite of pressure

In spite of recent pressure from journalists and politicians towards the newly-elected board of Latvian Television, specifically in regards to members’ non-compliance with specified requirements, the new chairman of the board Einārs Giels does not plan to step down and says he can deal with his duties.

Company with to Latvian ex-politicians and Russia turns to EC against Lithuania

After failing to acquire a permit to carry freight across the country, Lithuanian railway service company LGC Cargo, which is indirectly associated with Latvian ex-politicians and businessmen Ainārs Šlesers and Andri Šķēle, as well as Russian state railway company Russian Railways, has decided to submit a complaint to European Commission.

Suspect in Riga public transport company's criminal case released on bail

On Wednesday, 3 April, Riga City Vidzeme Suburb Court received a payment of EUR 500,000 for the release on bail of businessman Māris Martinsons, who is involved in the criminal case regarding procurements of public transport company Rīgas satiksme.