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Ceturtdiena 21.11.2019 | Name days: Andis, Zeltīte

Dividing taxes in Latvia: lion’s share for social sector; leftovers given to environment

Latvian Finance Ministry’s compiled data shows that the lion’s share of one euro paid in taxes – 37.6 cents – is diverted to social security in 2019: disability, retirement, family and unemployed persons allowances.

Latvian minister voices concerns over questionably spent EUR 912 124

Healthcare Ministry’s ordered assessment reports on previously performed information and communication technology tenders contain concerns in regards to fraud and inefficient use of funds, said Latvian Healthcare Minister Ilze Viņķele at a press conference on 15 May.

Grey economy proportion in Latvia reaches nearly a quarter of GDP

In 2018, Latvia’s grey economy ratio grew 2.2 percentage points and reached 24.2% of the country’s GDP, as reported by Stockholm School of Economics in Riga Sustainable Business Centre’s director Arnis Sauka on Wednesday, 15 May.

Corruption watchdog sinks teeth deep into Riga Tourism Development Bureau

Latvia’s Corruption Prevention and Combating Bureau has detained Riga Tourism Development Bureau’s head Inguna Priedīte.

Latvian minister says territorial reform will help reduce administrative costs

The planned territorial reform will help reduce administrative costs, as Latvia’s Environment Protection and Regional Development Minister Juris Pūce told public broadcaster LTV programme Rīta Panorāma on Wednesday, 15 May.

FinCEN still has not approved Latvian ABLV Bank’s liquidation model

U.S. Treasury Department’s Financial Crimes Enforcement Network distances from Latvian Finance and Capital Market Commission’s statement regarding the coordinated liquidation model for ABLV Bank, as noted by the US Embassy in Latvia.

Latvian government drops support for divided healthcare system

When amending Healthcare Financing Law on 14 May, Latvian government supported Healthcare Minister Ilze Viņķele’s offer to not divide healthcare accessibility into two «baskets» of services.

Latvian Post invest considerable funds in modernization project

Modernization of post offices, which lasted from the end of 2018 until spring 2019, cost Latvian Post EUR 2.1 million, as reported by the company.

Half of Latvia’s schools do not meet minimal requirements of new school reform

Latvia’s Education and Science Minister Ilga Šuplinska says that schools that fail to meet necessary criteria could be reorganized. At the same time the minister stressed the role of municipalities as founders of schools.

Construction production output in Q1 grows 7.4% in Latvia

Compared to Q1 2018, construction output has increased by 7.4 % in Q1 2019. Construction output rise was observed in construction of buildings and specialised construction activities, but civil engineering experienced a drop.

Privatization Agency claims LDz board chairman misleads society

According to Privatization Agency (PA), Latvian Railways (LDz) board chairman Edvīns Bērziņš’s publicly voiced opinion in regards to attempts to secretly privatize LDz misleads residents.

NATO summit simulation game to be organized at Ādaži military base

In celebration of the 15th anniversary of Latvia’s membership in NATO and the alliance’s 70th birthday on Wednesday, 15 May, a NATO summit simulation game will be held at Latvia’s Foreign Affairs Ministry and Latvia’s National Armed Forces military base in Ādaži.

KNAB checks Latvian Railways’ wall project – half a million spent but there is no wall

Corruption Prevention and Combating Bureau has commenced an investigation in relation to the protective wall project near Šķirotava railway station in Riga – Latvian Railway (LDz) has partially paid for the project, but the firm in charge of it has simply transferred the money to some company in Hong Kong.

Week’s beginning in Latvia will be rainy

A wide rain zone will pass through Latvia’s western portion on Monday, 13 May. This means lasting rain is expected in Kurzeme and Zemgale. Rain clouds will form in the country’s eastern areas, resulting in short-term rain, and local thunderstorms, as reported by State Environment, Geology and Meteorology Centre.

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