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Ceturtdiena 09.04.2020 | Name days: Valērija, Žubīte
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EC: coronavirus may force corrections to Latvia’s economic growth outlook

Because of the coronavirus Covid-19 may force corrections to Latvia’s economic growth outlook, according to European Commission’s representatives in Latvia.

Russian schools protector Čekušins to become Harmony’s leading candidate in Riga

Harmony political party has picked Russian schools protector and supporter Konstantīns Čekušins as its leading candidate for snap elections in Riga City Council.

Next EU planning period to focus on climate-friendly economy’s transformation

As talks among members states on the EU multi-year budget continue, the topic of the size of the funding Latvia may receive after 2020 and under which conditions remains open. But even now it is clear that in relation to EU investments on all levels it will be necessary to change the established paradigm very significantly, according to Latvia’s Finance Minister Jānis Reirs.

Latvian prime minister urges justice minister to «do his homework» before accusing others

Latvian Prime Minister Krišjānis Kariņš urges New Conservative Party leader, Justice Minister Jānis Bordāns to «do his homework» before criticizing other ministers.

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.


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