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Monday 22.07.2019 | Name days: Marija, Marika, Marina

Spotless reputation, Latvian citizenship and EUR 9 000 wage – chief wanted for FCMC

Latvia’s State Chancellery has announced the opening of application submission process for the post of chairman of Finance and Capital Market Commission, according to the 12 July official publication in Latvian Herald.

Latvian competition supervisor investigates possible cartel agreement

Latvia’s Competition Council has performed a surprise inspection in two construction material trading companies under suspicion of cartel agreement, as confirmed by the council.

Pre-election Campaign Law has holes but no changes are proposed, politicians say

Latvian politicians are aware there are holes in the Pre-election Campaign Law but they have no plans to initiate any changes to it.

Foreign trade turnover changes in Latvia: exports drop and imports grow in May

In May 2019, the foreign trade turnover of Latvia amounted to EUR 2.5 billion, which at current prices was 3.5 % more than in May 2017, of which the exports value of goods was 2.6 % lower, but imports value of goods was 8.6 % higher.

Waste volumes created by Latvian residents up 21% in five years

Data from Eurostat shows that in 2017 Latvian households created 851 000 tonnes of household waste, which is 21% more when compared to 2013, when households created 704 000 tonnes of waste, as reported by waste management company AS Latvijas Zaļais punkts.

Latvia’s National Library adopts new prices for paid services

The new price list for paid services of Latvia’s National Library includes 13 new services; certain prices have been either increased or reduced. Services provided to children and youngsters younger than 18 either for free or with a 50% discount have been clarified.

Riga’s mayoral candidate braces for snap elections

Riga’s mayoral candidate Oļegs Burovs still has not reached a compromise between requests of Harmony and the Independent Deputies Faction. The candidate is preparing for snap elections, as journalists were told by the politician on Tuesday, 9 July.

Latvian companies start working on deposit machines for packaging

Machinery development and manufacture company SIA Peruza together with IT company SIA WeAreDots have commenced work on development of a packaging deposit machine and IT software that would identify and accept different types of packaging materials.

Math exam score in Latvia reportedly last decade’s worst

The average score of Latvian school children in the centralized math exam continued declining this year, reaching the lowest point in the past ten years, according to information compiled by LETA.

Excise tax to be reduced for strong alcohol in Latvia

On Monday, 8 July, Latvia’s Saeima approved in the final reading amendments to the Excise Tax Law by 15%, reducing excise tax rate for strong alcohol.

PHOTOS: Egils Levits' first day as President of Latvia

On Monday, 8 July, Egils Levits offered a solemn vow and officially became President of the Republic of Latvia. Following congratulations in the Saeima, the new President of Latvia and the First Lady travelled to Forest Cemetery in Riga to lay flowers at the monument dedicated to the first President of the Republic of Latvia Jānis Čakste.

Design projects announced for two more Rail Baltica sections in Latvia

A procurement process has been organized for construction design and supervisory services for two Rail Baltica railway line sections in Latvia, BNN was told by RB Rail.

Latvia has a new culture minister – Saeima approves Nauris Puntulis for the job

Latvia’s parliament has appointed ex-Riga City Council deputy, opera singer Nauris Puntulis for the post of culture minister of Latvia with 63 votes in favour and 20 votes against.

Saeima committee agrees on candidate for temporary head of FCMC

On Monday, 8 July, Saeima’s Budget and Finance Committee supported the proposal to appoint Finance and Capital Market Commission Supervisory Department’s Monetary Finance Institutions Operations Analysis Office head Kristīne Černaja-Mežmale as the temporary head of the commission.