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Friday 03.04.2020 | Name days: Daira, Dairis
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Latvian ministers disagree on proposal for online alcohol trade

As ministers disagree, Latvian government decides not to push to the Saeima amendments to the Handling of Alcoholic Beverages Law that provide permitting alcohol trade in Latvia over the internet.

Latvian Saeima plans to ban the use of Soviet and Nazi Germany uniforms in public events

On Tuesday, 25 February, Saeima’s Human Rights and Public Affairs Committee supported in the third reading amendments that provide for banning the use of uniforms used by armed forces and law enforcement units of the Soviet Union and Nazi Germany, as well as uniform elements, as reported by Saeima’s press-service.

Ventas osta to cover Ventspils Freeport authority’s expenditures during transition period

The newly-founded AS Ventas osta will be covering Ventspils Freeport authority’s expenditures in order to perform the necessary management functions during the transition period, as provided by the by-laws approved by the Latvian government on 25 February.

Competition Council permits AS Citadele Bank acquire influence over two businesses

On Thursday, 20 February, Competition Council made the decision to permit AS Citadele Bank acquire decisive influence over LLC UniCredit and LLC UniCredit Insurance Broker because no risks for competition were found, as reported by council representative Zane Gorškova.

CVK announces snap elections in Riga City Council for 25 April

Latvian Central Election Commission has picked the official date for snap elections in Riga City Council. Elections will be organized 25 April, BNN was informed by the commission.

Latvian Culture Ministry to discuss with experts maintaining low VAT for cultural events

Latvia’s Culture Ministry plans to look for opportunities to maintain reduced VAT rate for organization of cultural events, the ministry reports.

Current Riga City Council’s terms officially ends

Today, 25 February, marks the coming into force of the Latvian Saeima’s approved Riga City Council Dissolution Law, putting an end to the current term of the city council.

Ušakovs proposes including ex-GKR politicians to Harmony’s list for snap elections in Riga

Ex-chairman of Riga City Council and Latvian member in the European Parliament Nils Ušakovs has plans to propose adding politicians who left Honour to Serve Riga to Harmony’s list of candidates for upcoming snap elections in Riga.

Authorities concerned about Rimi and Maxima bread return practices

Following multiple uncovered problems with bread supply practices in retain trade, Latvia’s Competition Council has asked the largest market participants LLC Rimi Latvija and LLC Maxima Latvija to improve internal control processes, as reported by CC communication specialist Zane Gorškova.

Employment among Latvian population reportedly at 65% in 2019

A total of 910 thousand people or 65 % of the population of Latvia aged 15–74 were employed in 2019. Compared to 2018, employment rate grew by 0.5 percentage points and number of employed persons by 0.6 thousand.

Latvia’s unemployment level reportedly at 6.3% in 2019

61.3 thousand people aged 15–74 were unemployed in 2019. Compared to 2018, number of unemployed persons dropped by 11.5 thousand or 15.8 %.

Danish court officially decides to extradite Kristīne Misāne to Latvia

The Danish court has officially decided to have Latvian citizen Kristīne Misāne extradited to her home country, as confirmed by Misāne’s lawyer in Denmark Henrik Stagetorn.

S&P Global Rating upgrades Latvia’s credit rating to historically highest level

International credit rating agency S&P Global Rating has upgraded Latvia’s credit rating from A to A+ with stable future outlook, as mentioned in the agency’s published announcement.

Cold snap expected in Latvia in night hours this week

This week daytime air temperature in Latvia will not exceed +5° C. At night, however, air temperature will drop below 0° C, as reported by Latvian State Environment, Geology and Meteorology Centre.

Financial Action Task Force decides to not add Latvia to its «grey list»

The world’s central anti-money laundering organization Financial Action Task Force has decided to not exercise increased monitoring of Latvia. This means the country will not be added to the organization’s «grey list», as LETA was informed by Latvian Prime Minister Krišjānis Kariņš’s office.

Latvian minister outlines Germany as an important strategic partner

Germany is a strategically important economic partner for Latvia, said Latvian Foreign Affairs Minister Edgars Rinkēvičs during his meeting with Germany’s Federal Minister for Economic Affairs Peter Altmaier on Friday, 21 February.

Access to illegal TV content denied to 11 000 Latvian households last year

In 2019 access to illegal TV content in Latvia was denied to 11 000 households. A dozen criminal processes have been commenced over illegal supply of audiovisual content, as reported by State Police.


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