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Sunday 17.11.2019 | Name days: Uga, Hugo, Uģis

Ratings: Harmony hits all-time low since 2010; New Unity enjoys best rating in recent years

In June, Latvian Prime Minister Krišjānis Kariņš’s party New Unity’s rating reached its highest point in the last four years, whereas Harmony’s popularity index dropped to its lowest point since 2010.

Survey: nearly half of Latvian youngsters would like to receive at least EUR 800 after taxes

47% of Latvian youngsters would like to receive EUR 800 to EUR 1 000 after taxes per month, according to a survey by SEB Bank.

SRS: law amendments will reduce freedom to defraud VAT

From 12 July onward Latvia’s State Revenue Service will have more expansive rights to exclude from SRS VAT Payer Register VAT payers who fail to detail at least one transaction in their declaration in a six-month period or if they perform full replacement of company officials, SRS reports.

Business Index: 73.6% Latvian businessmen outline legislation stability problems

Stability and predictability of legislation associated with entrepreneurship is more likely bad or very bad, according to 73.6% of entrepreneurs, according to Turība University’s Business Index.

State Audit: Latvia’s Healthcare Ministry is fighting problems that existed ten years ago

Although since 2005 there have been adopted to ensure Latvia has a sufficient number of doctors with appropriate qualifications, the State Audit found in an inspection that this goal still has not been reached.

Mayoral candidate offers «treats» but opposition remains lukewarm towards him

To promote cooperation among Riga City Council deputies, mayoral candidate Oļegs Burovs offered opposition members at a mutual meeting to participate in governance of committees, but he failed to gather support from them.

Latvia’s party financing problem may be resolved in autumn

The topic regarding financing of political parties may receive a resolution in autumn 2019, said Latvian Defence Minister Artis Pabriks after a meeting of the Cooperation Council on Tuesday, 2 July.

Latvian MEP to continue working in EP Transport Committee due to Rail Baltica

Latvian MEP Roberts Zīle from the National Alliance «All for Latvia-For Fatherland and Freedom/LNNK» plans to continue working in European Parliament’s Transport and Tourism Committee. At the same time, he will be a substitute in the Agriculture and Countryside Development Committee, said Zīle.

Volume of instant payments in Latvia reaches one billion euros

Instant payment infrastructure in Latvia has been used 5.1 million times, reaching a total value of EUR 1 billion. The historical EUR 1 billion was reached on Monday, 1 July, as reported by Bank of Latvia.

Memorial and apartment building might share Zolitude tragedy site

Riga City Council and Estonian company SIA Prana property intend to terminate joint property rights for the real estate property located in Zolitude, Priedaines Street 20, where Maxima supermarket had collapsed in November 2013, as decided by Riga City Council City Property Committee on Monday, 1 July.

Latvia’s unemployment level stays low, whereas Spain's level reaches 13.6% in May

In May 2019, Latvia’s unemployment level was 6.4%, which is higher than the average in the EU, according to data published by Eurostat on 1 July.

Latvian ministry halts terminates state support for 134 «green» power plants

State support has been terminated for 134 «green» power plants and mandatory procurement component system support recipients, BNN was told by Latvian Economy Ministry.

July’s first week expected to be cool in Latvia

Several cyclones will pass through Latvia this week, bringing precipitation and strong wind with them. Weather in Latvia on Monday, 1 July, will be warm. However, colder masses of air will flow into the country on the night to Tuesday.

Latvian energy giant’s temporary council steps down

The temporary council of Latvenergo has decided to step down, BNN was told by the council’s chairman Pāvels Rebenoks.

Construction costs in Latvia up 4.3% in May

Compared to April, the level of construction costs in Latvia grew by 0.6 % in May 2019. Labour remuneration of workers increased by 1.7 %, prices of building materials by 0.5 %, and maintenance and operational costs of machinery and equipment by 0.1 %.

Retail trade turnover in Latvia up 1.2% in May

Compared to May 2018, total retail trade turnover rose by 1.2 % in May 2019. Retail trade in food products fell by 0.5 %, retail trade in non-food products increased by 4.2 %, and turnover of retail sale of automotive dropped by 2.8 %.

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