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Tuesday 25.09.2018 | Name days: Rauls, Rodrigo

New natural gas tariffs approved in Latvia; those who use more gas will pay less

The Public Utilities Commission has approved AS Gaso’s submitted natural gas transmission system’s tariff project, which provides for the introduction of a fixed fee for connection to permitted load regardless of the consumed gas volume.

OCMA: majority of Latvian immigrants live in Britain, Ireland and Germany

The Office for Citizenship and Migration Affairs has calculated the exact number of Latvian citizens living abroad. The majority of Latvians reside in Britain, followed by Ireland, Germany , and USA, according to the data compiled in July 2018.

CC: number of business merges on a rise in Latvia

In the first eight months of 2018, Competition Council made twelve decisions regarding business merges, which is 50% more than the number of similar decisions made in the same period of last year. Consolidation of market participants takes place the most often in retail trade of household goods, BNN was informed by the council.

EU supervisor to investigate Estonian and Danish banking authorities on Danske Bank

The banking supervisory authority of the European Union has been asked to investigate the work of Denmark and Estonia’s national banking watchdogs over possible shortcomings in failing to prevent money laundering through the Estonia branch of Danske Bank.

airBaltic receives its 12th Airbus A220-300 aircraft

Latvian airBaltic airline has received its twelfth Airbus A220-300 aircraft with registration number YL-CSN. The airline plans to have a total of fourteen Airbus A220-300 aircraft by the end of 2018.

Meteorologists say first autumn storm in Latvia to take place this week

On Tuesday, 25 September, atmospheric pressure in Latvia will increase and clouds will tend to reduce in the afternoon, as reported by Latvia’s Environment, Geology and Meteorology Centre.

Producer prices in industry up 1.0% in Latvia in August

Compared to July, level of producer prices in the Latvian industry rose by 1.0 % in August 2018. Level of prices of products sold on the domestic market grew by 1.9 %, but of exported products – went up by 0.1 %.

Study: residents withdraw money from ATMs less often but in larger amounts

Every now and then discussions about dropping cash money altogether become active in society, AS PrivatBank representatives say.

Washington sanctions China for buying Russian military equipment

U.S. government has introduces sanctions against the Chinese army over a purchase of fighter jets and missile systems from Russia, despite a U.S. sanctions law targeting Moscow for attempts to sway in the 2016 U.S. election.

Autumn expected to begin soon in Latvia

Friday, 21 September, is expected to be warm in Latvia. Sun and considerable amount of clouds are expected, but not precipitation. Wind will draw in from the south, reaching a speed of 15-17 m/sec in western and central regions, as reported by Latvia’s Environment, Geology and Meteorology Centre.

Lithuanian PM, a presumable presidential hopeful, set to curb grocery price growth

Having chastised food retailers on many occasions for high grocery prices, Saulius Skvernelis, the Lithuanian Prime Minister, stepped forward in the bid to harness local supermarkets. The presumed presidential candidate of the ruling Farmers and Greens (LVŽS) has summoned this week executives of major retail food chains, scolded them and reaffirmed his pledge to rein in the edging up prices.