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Tuesday 26.03.2019 | Name days: Eiženija, Ženija

Latvian Saeima to take more time discussing state president candidates

On Thursday, 7 March, Latvia’s Saeima approved amendments to the State President Election Law in the final reading. These amendments provide for extending the period between proposal of presidential candidates and Saeima’s vote for them, as BNN was told by the parliament’s press-service.

Housing costs in Latvia constituted EUR 150 a month in 2018

In 2018, housing costs on average constituted EUR 150 per household monthly. Over the year, housing costs grew by 8.8 %. Last year, households spent on average 13.4 % of their disposable income on housing costs.

Taxify changes brand name to Bolt

Travel platform Taxify has changed its name to Bolt. Additionally, the platform also has a new logo. Changes help move the logo closer towards the company’s vision for the transport sector in general, says the company’s representative Kristīne Šeiko.

Prosecutor requests eight-year prison sentence and fine for Lembergs

During court debates on Thursday, 7 March, the prosecutor’s office asked the court to sentence infamous Ventspils City Council chairman Aivars Lembergs to eight years in prison with confiscation of property, as well as a fine of EUR 64,500, as confirmed by prosecutor Juris Juriss.

Reminder: further code card restrictions come to force today

Following stricter EU requirements in regards to digital authentication of clients, Swedbank will cease using code cards completely starting with 9 September 2019. With that, Swedbank will gradually phase out code cards completely.

Turnover of AS Conexus Baltic Grid increased 9.8% last year

Unified natural gas transmission and storage system operator AS Conexus Baltic Grid turnover in 2018 reached EUR 542 million, which is 9.8% more when compared to 2017. The company’s profits were EUR 13.3 million, according to the company’s annual account.

FCMC council coordinates ABLV Bank’s creditor inspection methodology

On 6 March, Finance and Capital Market Commission made the decision to coordinate the methodology for inspections in liquidated ABLV Bank submitted by creditors, as confirmed by FCMC Communication Office head Ieva Upleja.

Corruption watchdog detains another Rīgas satiksme official for bribery

Latvia’s Corruption Prevention and Combating Bureau has detained Honour to Serve Riga member, Rīgas karte boardmember and Rīgas satiksme official Aleksandrs Brandavs over suspicions of bribery.

Municipalities and government in Latvia reach an agreement on tax revenue and loans

Latvian Cabinet of Ministers and Latvian Association of Local Governments have signed an agreement in which the two sides agree on tax revenue and loans.

Thousands of illegal immigrants were denied entry to Latvia last year

Thanks to hard work from State Border Guard, thousands of illegal immigrants were denied entry to Latvia last year, as reported by Chief of State Border Guard Guntis Pujāts.

Survey: 45% of Latvian residents hope for a pension worth EUR 1,000

Nearly half of Latvia’s residents or 45% expect their future pension to be at least 75% to 100% equal to their current wage. One-third of them hope their pension exceeds their current income. In absolute digits, the average amount mentioned by residents is EUR 1,000, according to results of a survey performed by Swedbank.

Expert: people should get used to cash money being a thing of the past

The gradual decline of cash transactions is only logical in an age of progressing digitization. On top of that, Latvia is neither the first nor the last country experiencing such processes, says Turība University Business Management Faculty Pro-Dean Ieva Bruksle.

State Security Service launches criminal process about Zhdanok’s statements

Following a request from European Parliament member Inese Vaidere, Latvian State Security Service has launched a criminal process for incitement of national hate, as confirmed by European People’s Party representative Ģirts Salmgriezis.

Prime Minister: we cannot spend money intended for development on teachers’ wages

We cannot afford to spend the money intended for development on teachers’ wages, said Latvian Prime Minister Krišjānis Kariņš in an interview to LTV programme Rīta Panorāma on Wednesday, 6 March.

Riga City Council workers, including Ušakovs and Burovs, get bigger wages

At the beginning of the year, employees of Riga City Council, including Mayor Nils Ušakovs and Vice-Mayor Oļegs Burovs, received larger wages, as reported by LNT News.

Latvian government approves 2019 budget draft

On Tuesday, 5 March, Latvia’s Cabinet of Ministers approved a legislative draft for the state budget of 2019, as confirmed by Finance Ministry’s representatives.

Number of tourists in Riga reached a new record last year – 3.5 million

Last year, Riga attracted a record large number of tourists – 3.5 million of foreign guests visited Latvia’s capital city in 2018, according to information compiled by Live Riga. The largest number of visitors came from Germany – 176.9 thousand or 11.9% of all foreign guests.

Latvian minister puts on hold e-health system’s third stage

Healthcare Minister Ilze Viņķele has decided to put on hold commencement of the third stage of e-health system to instead clarify planned activities, organize priorities and give more time to Healthcare Ministry and National Health System, so that they are able to meet with e-health users’ representatives and discuss planned activities with them.