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Friday 06.12.2019 | Name days: Niklāvs, Niks, Nikolajs
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Latvia’s ruling coalition picks Kazāks to govern Bank of Latvia

On 2 December evening Latvia’s ruling coalition agreed to pick Mārtiņš Kazākš as the chosen candidate to lead the Bank of Latvia, according to unofficial information from LETA.

Competition Council applies a fine of EUR 700 000 on Depo

Latvia’s Competition Council has decided to apply a fine of EUR 701 811 to construction materials trader LLC Depo DIY, as reported by CC representative Paula Vilsone.

Average salary in Latvia reportedly EUR 801 in Q3 of 2019

Compared to Q3 2018, the average monthly gross wages and salaries grew by 8.3 % or EUR 84, reaching EUR 1 091 for full-time work in Q3 2019. In Q1 and Q2, the growth rate was slower – 7.8 %.

Natural gas tariffs to reduce for Latvian households next year

Starting with 1 January 2020, Latvijas gaze will reduce natural gas tariffs, according to the official publication in the Latvian Herald.

PHOTO: Christmas tree lights up at Dome Square in Riga

Like every year, a Christmas market has opened at Dome Square in Riga. And in its centre stands, quite possibly, the most beautiful Christmas tree in Riga to cheer both local and foreign guests.

Nekā personīga: drop in Russian freights may put at risk railway electrification in Latvia

It is expected freight volumes in Baltic States will reduce as a result of Russian transit businesses diverting their freights to the country’s own ports. This creates risks for the long-awaited railway electrification project in Latvia, as reported by TV3 programme Nekā personīga.

Prime Minister says Istanbul convention’s ratification lacks majority support in Saeima

There is not enough support in the Saeima for the ratification of the Istanbul convention, said Latvia’s Prime Minister Krišjānis Kariņš during a joint press-conference with his Slovak colleague Peter Pellegrini.

Cigarette scandal forces Riga Central Market cut ties with shadowy company

Riga Central Market’s board has terminated its contract with LLC Tirdzniecības nams in Latgale suburb over the fact that police found contraband cigarettes on the territory the company was managing, as reported by the central market.

Retail trade turnover in Latvia declines 0.4% in October

Compared to October 2018, total retail trade turnover fell by 0.4 % in October 2019. Turnover of retail trade in food products remained at the level of the previous year, but turnover of retail trade in non-food products except for retail sale of automotive fuel increased by 0.3 %, turnover of retail sale of automotive fuel – reduced by 3.2 %.

Latvia’s gross domestic products increases 2.9% in October

Compared to Q3 2018, the gross domestic product, based on seasonally and calendar non-adjusted data, increased by 2.9 % in Q3 2019. In Q3 GDP at current prices was EUR 8.1 billion.

Ex-LDz chief Magonis claims 500 000 euros was payment for lobbying interests

The ex-chairman of state company Latvian Railway Uģis Magonis has testified in court that the EUR 500 000 was paid to him not as a bribe but as payment for lobbying the interests of Estonian millionaire Oleg Osinovsky’s indirectly owned companies’ interest in Russia, as reported by public media lsm.lv.

Justice Minister suspects «high level» cover of illegal cigarette business

Law enforcers’ failure to put a stop to circulation of illegal circulates raises suspicions about «high level» cover of this criminal activity, said Justice Minister Jānis Bordāns in an interview to LTV programme Rīta panorama.

Excellent reputation and «backbone» – qualities Latvia’s next prosecutor general should have

Some of the potential prosecutor general candidates have no desire to stand candidate or they refuse to publicly comment their decision in the event of them being offered such an opportunity.

PHOTO: doctors gather for a repeated protest outside Saeima

Another protest act was held by organizations representing Latvian doctors outside the Saeima at the end of November.

70 people receive acute intestinal infection in Liepaja

70 people who dined at Baltic Restaurant, which is located on the territory of Lauma Fabrics company, fell ill with acute intestinal infection in Liepaja, as reported by SPKC.

Overall level of construction costs in Latvia remains unchanged

Compared to September, level of construction costs in Latvia in October 2019 remained the same. Labour remuneration of workers increased by 0.2 %, maintenance and operational costs of machinery and equipment did not change significantly, but prices of building materials reduced by 0.1 %.

Doctors protest outside Saeima: Let’s not be like beaten dogs returning home!

During the protest held on Thursday, 28 November, leaders of doctors’ organizations urged deputies of the Saeima to study healthcare workers’ everyday life and promised to not act like beaten dogs returning home.

Minister: number of universities in Latvia is not optimal

Considering the current situation with Latvia’s national economy and demography, the number of universities in the country is not optimal, said Education and Science Minister Ilga Šuplinska in an interview to Latvijas Radio on Thursday, 28 November.


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