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Tuesday 23.10.2018 | Name days: Daina, Dainida, Dainis

Blackstone foundation becomes Luminor Bank’s strategic investor

Blackstone Group L.P investment fund has become the strategic investor for Luminor Bank. This fund’s investment is EUR 1 billion, as reported by the bank.

Vote on open election of state president progresses – draft supported for 2nd reading

On Thursday, 13 September, Saeima’s Legal Affairs Committee supported for the second reading amendments to the Constitution of the Republic of Latvia that provide for election of the state president through an open vote by the Saeima, as confirmed by the parliament’s press-service.

Government to list cases in which food will be allowed to be distributed after expiry date’s end

On Thursday, 13 September, Saeima deputies conceptually supported amendment to the Law on the Supervision of the Handling of Food. These amendments provide for the Cabinet of Ministers to list cases in which it will be allowed to distribute food products after expiry date’s end, as reported by Saeima’s press-service.

Saeima asks government to develop regulation for automatic repayment of overpaid taxes

On Thursday, 13 September, Latvian Saeima decided to ask the Cabinet of Ministers to develop regulations so that residents are able to receive back overpaid taxes automatically, as reported by Saeima’s press-service.

Getliņi EKO wants to borrow EUR 800,000 to re-cultivate old waste hill

Getliņi landfill management company Getliņi EKO has made an open call to borrow EUR 800,000 in order to finance the re-cultivation of an old waste hill and plans to build a bio-mass processing plant, says Getliņi EKO public relations specialist Linda Vītola-Barānova.

Latvian Saeima wants more control over trade of goods and services on the internet

Saeima’s Budget and Finance Committee has conceptually supported amendments to the Taxes and Duties Law that provide for stricter control for the circulation of goods and services on the internet, as reported by Saeima’s press-service.

Saeima deputies fail to arrive at meeting to discuss open presidential elections

Due to the fact that not enough Saeima deputies showed up for the meeting of the parliament’s Legal Affairs Committee on Tuesday, 12 September, it was not possible to review amendments to the Constitution of the Republic of Latvia on open election of the state president, said the committee’s chairman Gaidis Bērziņš.

Youth Guarantee programme extended for 21 professions in Latvia

Submission of applications for unemployed youngsters aged 17 to 29 to participate in Youth Guarantee programme has been extended until the end of September. Extension applies to studies in 18 vocational education institutions around Latvia that offer training in 21 professions within twelve months, says State Education Development Agency’s representative Kristīne Keiča.

Will residents see «KGB records» before elections? Saeima supports publication of KGB papers in 2018

On Wednesday, 12 September, Saeima Human Rights and Public Affairs Committee supported in the second reading publication of KGB archive documents on the internet in 2018.

Persons with a criminal record will not be allowed to provide financial services

On Tuesday, 11 September, Saeima’s Budget and Finance Committee unanimously decided to submit for review amendments to the Credit Institutions Law that provide for realization of multiple measures to enhance Latvia’s financial system and ensure its long-term stability, as reported by Saeima’s press-service.

Ministry hopes authorities will resolve Riga airport’s «taxi issue»

Latvia’s Foreign Affairs Ministry hopes authorities resolve the «taxi issue» at Riga International Airport soon, says the minister’s advisor Mārtiņš Drēģeris.

Latvian Saeima plans to limit issue of free plastic bags in supermarkets

Economic, Agricultural, Environmental and Regional Policy Committee supports amendments to the Packaging law, which provides for limiting the issue of free plastic bags trade locations starting from 1 January 2019.

Teachers’ minimal wage amount in Latvia increased to EUR 710

In September 2018, teachers’ minimal wage amount will be EUR 30 larger – EUR 719, as decided by Latvia’s Cabinet of Ministers.

Latvia’s exports up 11.9% in July; wood exports on a rise the most

In July 2018, the foreign trade turnover of Latvia amounted to EUR 2.31 billion, which at current prices was 11.9 % more than in July 2017, of which the exports value of goods was 8.3 % and imports value of goods was 14.5 % higher.

Pro-Kremlin activist Gaponenko mentioned in Tatyana Zhdanok’s case

Pro-Kremlin activist Aleksandrs Gaponenko also appears to be involved in a criminal case regarding possible illegal activities during the All-Latvian Parents Gathering in March. Other noteworthy individuals include Latvian Russians Union leader Tatyana Zhdanok and pro-Russian activist Vladimirs Lindermans, as reported by LETA.

Alley near National Theatre in Riga to be named Centenary Alley

On Monday, 10 September, Riga City Council’s City Development Committee unanimously approved the decision to name the oak alley new the National Theatre as the Centenary Alley to thereby put on record the centenary of the day of proclamation of the Republic of Latvia, as reported by Riga City Council.

Latvian minister considers automatic health insurance fee for those under «partial tax regime»

We have to consider adopting automatic health insurance fees for people under «partial tax regime», said Latvian Healthcare Minister Anda Čakša after a meeting of coalition parties.

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