bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Saturday 23.03.2019 | Name days: Mirdza, Žanete, Žanna
LatviaLatvia

BNN summary of the week: prosecutor’s weakness, education in Latvian, fintech centre opens in Latvia

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUBNN offers a summary of this week’s topical news in a variety of categories: Announcement; Approval; Fight; Complaint; Opinion; Decline and Future.

ANNOUNCEMENT: Bank of Latvia governor prohibited from performing duties in ECB council

The governor of the Bank of Latvia Ilmārs Rimšēvičs is denied the right to perform duties associated with his post in the council of the European Central Bank, as confirmed by the Bank of Latvia.

The bank’s press secretary Jānis Silakalns reports that the institution has received information from Rimšēvičs’ lawyer that his client is not allowed to perform duties associated with his work in European Central Bank’s council.

«From this it can be concluded that Rimšēvičs will no longer come to work in the Bank of Latvia and will not delegate duties to the next representative of the Bank of Latvia to ECB meetings,» said Silakalns.

He also notes that while Rimšēvičs is unable to perform his duties as governor of the Bank of Latvia, he will not be paid his salary. He will also have no access to the bank’s information systems and documents.

Full article here

APPROVAL: Anti-money Laundering Service’s leader to compete for another term

The current head of Latvia’s Office for Prevention of Laundering of Proceeds Derived from Criminal Activity has decided to participate in the open selection process to stay in his post for a repeated term.

The 61-year-old Burkāns has confirmed that he would like to stay for another four-year term. He will likely submit his application next week.

«I have invested all of my effort in the service. I have not looked at other job opportunities. I needed time to assess the situation surrounding the service,» said Burkāns.

The chief of the service mentioned that the fight against crime will never be over. Still, he wants to keep working in the service to make sure the next officers would receive cases in the best possible condition. «I’m not saying cases do not fit international requirements. It is worth mentioning that requirements change all the time,» said Burkāns.

He mentioned that his service works in a very narrow range, which requires deep knowledge in law, financial affairs and money laundering prevention measures. «There is no institution in Latvia that trains officers in money laundering prevention – this is something we have to learn in time,» adds Burkāns.

Full article here

FIGHT: RB Rail CEO says someone is publicly defaming her; accusations of lobbying Latvia’s interests are baseless

While Lithuania actively expresses dissatisfaction with the work performed by the CEO of RB rail Baiba Rubesa, ‘the accused’ tells BNN that an active defamatory campaign is being realized against her. She says it all started with the news regarding the distrust Lithuanian and Estonian shareholders had voiced against her.

The sky is growing mighty dark over Rail Baltica project. Many are waiting for the sun to shine – the sun being the 21 March meeting, during which Baltic shareholders will decide the future of the railway project.

Meanwhile, there have been a lot of criticisms and baseless accusations voiced in the public space in recent weeks, adding unnecessary emotional outline to the project. This makes it hard to separate truth from lies. According to experts – if Rubesa loses her post, Latvia will lose the chance to put another one of its representatives in this post.

Latvia’s position as a shareholder in RB Rail does not offer much clarity on the matter regarding Rubesa’s possible dismissal. In the vote regarding Rubesa’s dismissal, Andris Linužs, who is the head of European Railway Lines, abstained in the vote. His was only one of three votes in RB Rail – the other two belong to Lietuvos geležinkeliai and Rail Baltic Estonia. The neutral vote from Linužs can hardly be called support for Rubesa – it is more of a cautious observer’s position. When asked about his decision, Rubesa mentioned that «Linužs has not worked long enough in this post».

Full article here

COMPLAINT: Riga City Council violated democratic principles – controversial rules should be cancelled

«Rules approved by Riga City Council violate democratic principles and do not comply with the Constitution of the Republic of Latvia. Because of that, changes are unsupportable. Restrictions do not allow deputies to fully participate in decision-making processes and represent the interests of their voters. Latvia is an independent and democratic country – deputies in a democratic country have the right to ask as many questions as necessary. Only under such conditions it is possible to ensure all decisions are made in accordance with the law,» says Latvia’s Environment Protection and Regional Development Minister Kaspars Gerhards.

On 2 March, 2018, the ministry received amendments from Riga City Council that provide for limiting the total number of questions city council members are allowed to ask during meetings to three. Another noteworthy change is the limitation of the length within which city council members are allowed to express their opinions to one minute.

The ministry sent Riga City Council a letter on 6 March, requesting the administration to reconsider the questionable amendments.

Full article here

OPINION: NCP leader views prosecutor general’s weakness as threat to Latvia’s state security

Leader of the New Conservative Party and prime minister candidate Jānis Bordāns views the weakness of prosecutor general Ēriks Kalnmeiers as a threat to Latvia’s state security.

Bordāns claims that Kalnmeiers’ announcements sound more like attempts to compromise the people who have been making it hard for criminals to rob the country, and have been combating corruption all this time. It is possible that someone is working on new provocations and defamatory campaigns against members of NCP that will likely surface prior to 13th Saeima elections, he adds. «I think the less honest workers of state institutions are scared of members of NCP taking over the justice sector in the country after elections,» says the leader of NCP.

The plummeting international reputation Latvia has experienced as a result of possible corruptive management of the country’s financial sector proves that a malignant tumour, created by dirty money, has exploded, says Bordāns. Considering developments of recent days, NCP has come forth with a request to perform immediate measures to replace not only the management of the Bank of Latvia, but Finance and Capital Market Commission as well. The party also proposes performing reforms in relation of internal organization of monitoring of those institutions.

The party believes Latvia has ended up in a situation when the country is represented in the European Central Bank by a person with questionable reputation. There is a person in the management board of the Bank of Latvia who is held suspect of corruptive activities. FCMC, on the other hand, is managed by the same person who represented Aivars Lembergs, who remains accused of serious crimes, in council of Latvian Shipping Company and Ventbunkers.

Full article here

DECLINE: Skycop reports 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.

Union strikes are already considered an emergency when they happen. Because of that, flight disruptions cannot be compensated. Nevertheless, Skycop is committed to changing existing EU legislation to make sure strikes of airline employees are no longer classified as emergency circumstances.

After the strike of British Airlines employees last year, when tens of thousands of flights were cancelled, it became clear that European airlines were stuck in crisis. This has created a sense of concern for the aviation sector. As a result, more and more airline employees turn to their respective trade unions for compensation, as reported by Skycop.

Full article here

FUTURE: First Baltic fin-tech accelerator opens up

Swedbank headquarters in Riga has become the home for B2B [business to business] 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.

As part of Wise Guys Fintech programme, the nine international start-ups will spend the next three months in a dynamic and educational environment, developing their businesses, founding contacts with banking experts from Baltic States and Sweden, as well as other world-class mentors. In addition, participants of the accelerator programme will receive EUR 20,000 to further develop their business.

The bank explains that the programme gathers young businessmen from Latvia, Sweden, Czech Republic, Poland, France, Ukraine, Armenia, India and USA. Ideas from participants of the accelerator programme are aimed at financial solutions, such as payment services using Facebook Messenger, contribute to the development of money saving culture, make currency exchange more efficient for businesses, video identification for clients, etc.

Aside from the accelerator programme, Swedbank has also created additional space to accommodate participants of the programme. In the future, it will be home from all kinds of innovative projects.

Full article here

Ref: 224.109.109.6984


Leave a reply

Crumbling buildings and the future of Riga’s slums

There are many empty buildings in Riga at the moment. However, Riga’s slums have a way to be reborn. One option is Rail Baltica, which could potentially change the situation with jobs in the city centre. Developers might have many complicated objectives ahead of them, considering that more and more people may decide to relocate to Riga’s central districts, said Riga city’s chief architect Gvido Princis in a conversation with BNN about Riga’s slums.

EC Vice-President: like other countries, Latvia has limited progress with EC recommendations

Latvia has limited progress when it comes to implementation of recommendations from the European Commission. Nevertheless, Latvia does not fall from the general EU context, when most member states have a small or limited progress with recommendations, said EC Vice-President Valdis Dombrovskis during a joint meeting with Latvian Saeima’s committees.

Comparing abortions to killing affects Estonian government talks

After figures of the Estonian Conservative People's Party compared abortion to killing of people, the party's partners in coalition talks have voiced criticism.

Latvian Olainfarm minority shareholders urged to attend shareholder meeting

Co-owners of Valerijs Maligins inheritance Nika Saveļjeva and Signe Baldere-Sildedze, as well as Annas Emīlija Maligina’s mother invite Latvian pharmaceutical company Olainfarm minority shareholders to attend an extraordinary shareholders meeting and actively propose their candidates for the council.

Social workers’ wages in Latvia to grow by average of EUR 145 a month

Latvian government has decided to allocate an additional amount of EUR 4.8 million to increase wages for state social care centres starting from 1 April 2019. This will allow increasing their wages by an average of EUR 145 a month. This is provided by the 2019 state budget that has been approved by the Latvian parliament in the first reading, as confirmed by Welfare Ministry.

Germany pushes for funding cuts to EU members violating core values

Germany's federal Foreign Minister believes the European Union should start reducing its solidary funding and introduce sanctions on member states that adopt legislation contrary to European values, for example, free press, rule of law and independent courts.

Association reports Latvia suffers the most from emerging HIV cases

In 2018, 326 new HIV infection cases were registered in Latvia, according to information from Disease Prevention and Control Centre. Inga Upmace, chairperson of Baltic HIV Association, says that even though this is less when compared to 2017, Latvia remains an unfortunate leader among Baltic States for emerging HIV infection cases.

Poll: 40% Britons have felt powerless or angry over Brexit

About 40 percent of the adult population of the United Kingdom have been feeling powerless, angry or worried by Brexit in the past 12 months, a mental health poll showed.

Riga City Council wants a large loan from Latvia’s State Treasury for bridge project

To finance the reconstruction of Krasta Street and Brasas Bridge, Riga City Council plans to take a EUR 14.23 million loan from Latvia’s State Treasury, according to documents added to the working agenda of Riga City Councils Finance and Administrative Affairs Committee.

EU postpones British withdrawal to April 12 or May 22

The United Kingdom has been given two extra weeks by the European Union to decide for the third time on its withdrawal agreement and to leave on April 12 if it is not passed or to leave on May 22 if it is passed.

Less precipitation expected in Latvia this week and more sunlight expected next week

On weekends the sky will be equally cloudy and sunny. Some rain is expected only on Saturday and the night to Sunday. On the night to Saturday, there will be clear sky and air temperature will drop to 0° C… -4° C, according to Latvian State Environment, Geology and Meteorology Centre.

Producer price level in industry in Latvia up 0.6% in February

Compared to January, the level of producer prices in Latvian industry rose by 0.6 % in February 2019. Prices of products sold on the domestic market grew by 1.2 %, but prices of exported products remained the same.

Latvian president proposes giving citizenship to all children born in Latvia

Latvia’s President Raimonds Vējonis has submitted to the Saeima a legislative draft On Ceasing Provision of Non-Citizen Status to Children. This draft suggests giving children born to non-citizen parents Latvian citizenship upon birth starting from 1 January 2020 unless parents have decided on giving their child citizenship of another country, as reported by State President’s Chancellery.

Expert: Latvia has not accomplished with reduction of inequality

In the past seven years Latvia’s government has not properly implemented the recommendations provided by the European Commission on reduction of inequality, European Anti-Poverty Network’s EAPN-Latvia board chairperson Laila Balga told LNT programme 900 seconds on Thursday, 21 March.

Ruling LFGU’s presidential hopeful Skvernelis unveils key foreign policy points

Lagging in the presidential polls behind the frontrunner Gitanas Nausėda and MP Ingrida Šimonytė, Lithuania’s prime minister Saulius Skvernelis, the presidential hopeful of the ruling Farmers and Greens Union, LFGU, is ready to move heaven and earth in attracting voters on his side.

Banks in Estonia adopt increased anti-money laundering regulations

The Estonian Banking Association has decided to task its member lenders to fullfil anti-money laundering due diligence measures in an attempt to further heal Estonian banking reputation scarred by the Danske Bank money-laundering scandal.

Penalty to be applied to people for causing trouble for whistle-blowers in Latvia

Additions to the Latvian Code of Administrative Violations provide the application of a fine of up to EUR 14,000 to a legal person for causing trouble for whistle-blowers or their family members, as reported by Latvian State Chancellery.

New Zealand bans sales of semi-automatic weapons after Christchurch shootings

Assault rifles and military-style semi-automatics have been banned in New Zealand in a government reaction to the Christchurch mosque shootings.

Latvian parties submit 15 candidate lists for European Parliament elections

Five more Latvian political parties and party associations have submitted candidate lists to the Central Election Commission for upcoming European Parliament elections. So far participating parties include the National Alliance, Latvian Association of Regions, Latvian Social Democratic Workers Party, New Conservative Party and KPV LV.

Study: 55.6% of businessmen complain about high taxes in Latvia

Looking at the amount of taxes companies pay, 55.6% of businessmen and CEOs said there are too high, 36.5% said taxes are a bit too high, whereas 7.2% said taxes are as high as they need to be, according to data from Turība University’s Business Index.

Brussels: EU to support short Brexit postponement, if London passes deal

In the Brexit saga, a no-deal withdrawal is possible again as Donald Tusk has warned EU leaders will only agree to a short delay if MPs back Theresa May’s deal in March.

Allowance for people suffering from serious disability to be increased by EUR 100 in Latvia

From 1 July the Latvian government plans to increase the allowance for children and adults who require special care and who suffer from serious health problems from childhood.

Latvian minister: we should work with convicts, not isolate them

People who are currently isolated from society in prisons should not be kept isolated – they should be allowed to re-socialize, said Latvian Justice Minister Jānis Bordāns at a press-conference about the study on former inmates’ abilities to re-socialize.

Brexit extension: Theresa May won’t as for more than 50 days

British Prime Minister Theresa May wants only a short Brexit term extension that will not exceed 50 days, as reported by The Guardian.

Business Index: 56.7% of businessmen in Latvia believe government hurt businesses

When asked about the influence Latvia’s government has on the country’s entrepreneurship, 56.6% of interviewed businessmen said the government interferes with the sector, whereas only 7.3% said the government provides assistance, according to results of Turība University’s Business Index.