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Wednesday 17.10.2018 | Name days: Karīna, Gaits

71% believe new coalition formation talks are not conducted fast enough

Absolute majority (71%) of the economically-active Latvian citizens, aged 18 to 55 years, believes that negotiations on the new government coalition formation are not carried out fast enough.

Unity calls for «rainbow coalition»

On Monday, October 3, Unity discussed in its board meeting the possibility of forming "a rainbow" coalition and government, which would represent all the political parties elected in the 11th Saeima, Prime Minister Valdis Dombrovskis told after Unity and the national association All for Latvia!-TB/LNNK meeting.

State Audit Office: 2010 budget expenditure exceeds the plan by 74%

The State budget policy in 2010 has not met the requirements of the law on budgetary and financial management, reveals Inguna Sudraba, State Auditor General.

Investments in IT don't make State Revenue Service up-to-date

Despite millions placed in information technologies (IT), the State Revenue Service (SRS) is still using messengers to deliver documents.

Auditor General: airBaltic has been run irresponsibly

The events in airBaltic resemble the management of the state, because the national airline has been run as short-sightedly and irresponsibly as Latvia itself, says Inguna Sudraba, Auditor General. The very fact a shareholder himself is not aware of the company's financial situation proves the poor management, she says.

Citadele repays 34.2 million lats state investments

Citadele bank has paid back the Finance Ministry 48.7 million euro (LVL 34.2m), of which 46.6 million euro (LVL 32.8m) had been placed by the state as deposits, while 2.1 million euro (LVL 1.5m) account for the third-quarter interest payments.

Potential soldiers line up to join national armed forces

Despite Latvia abandoned obligatory military service already back in 2006, there is growing popularity in the National Armed Forces (NAF). Since it is more economical to place funds in training professional soldiers, it is no longer economical to restore obligatory military service, Sandra Brale, representative of the Defence Ministry, told the news portal BNN.

University of Latvia teams win in Baltic programming competition

The University of Latvia’s teams have gained the top places in the programming competition, which was organized among 38 student teams from the Baltic universities. sees signs of «envelope wages» in Sprudzs' company

The annual report of Zatlers Reform Party's prime minister candidate Edmunds Sprudzs' company Hansaworld Latvia suggests signs of "envelope wages", reports the portal

Survey: visa-free regime with Russia would make Latvia’s residents travel more

Almost one in two or 46% of Latvia’s residents admit they would travel to Russia more often if there were visa-free regime between both countries. Moreover, St. Petersburg would be the first travel destination, according to the leading Baltic passenger carrier Lux Express Latvia survey.

Court ruling: ER not allowed to register changes in airBaltic capital

Riga District Court has ruled that the Enterprise Register will not be allowed to make any entries regarding AS Air Baltic Corporation (airBaltic) capital, according to the ER representative Baiba Vismane.

Most favoured brand in Latvia for second straight year – Google

Google has been recognized as the most loved brand in Latvia for the second year in a row. ranks the second, while the store chain Maxima – the third.

Strautins: intention to save airBaltic is a normal solution

57.6 million lats intended to save the Latvian national airline airBaltic is not too much, given that the company is crucial not only for tourism, but the whole economy in general, says Peteris strautins, DnB Nord bank economist.

Vilks: tarnished airBaltic is a spit in Latvia’s face

Progress has not been achieved in negotiations with the shareholder Baltic Aviation Systems on the national airline airBaltic. There is still uncertainty and it seems that the private shareholder needs more time to make some sort of a change, says the Finance Minister Andris Vilks.

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