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Saturday 22.09.2018 | Name days: Maigurs, Mārica, Māris
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55% of people with high income forecast housing price gains

The mood of Latvians regarding housing prices depends on their level of income - price gains are expected by 55% people with high income and 38% with low income.

airBaltic carries 3 million passengers in 2010

Overall, last year, the Latvian national airline airBaltic carried 3 206 735, which is by 16% more than in 2009.

SIA ZetCOM plans initiating proceedings against Bite Latvija

In line with SIA Bite Latvija publicly-released statements, which falsely and unjustifiably indicate that the data used in ZetCOM advertising campaign are allegedly inaccurate, SIA ZetCOM has asked lawyers to start work on the prosecution initiation, requiring to withdraw the slanderous information.

Swedbank to offer OCTA policy

From January Swedbank will also offer their clients road vehicle owner compulsory civil liability insurance starting from January.

Number of credidors likely to shrink due to licences

Possibly, the European Commission’s announcement on the initiation of infringement procedure has urged Latvia to more strictly monitor non-banking creditors.

Former Moscow mayor Luzhkov wants residence permit to live in Latvia

Former Moscow mayor Yuriy Luzhkov wants to move to Latvia, as he has already asked the Latvian embassy in Russia to grant him a residence permit.

Latvia sees the fastest export surge in EU

Latvian export soared 28% in the first ten months of 2010, compared the exact reporting period in 2009. It is the fourth highest growth in the European Union.

Municipalities ask to compensate 3.4 million lats losses due to snow

Snow has propelled local municipalities of Latvia suffer losses of 3 401 984 lats, according to the Ministry of Environmental Protection and Regional Development preliminary data after collecting information from 89 municipalities.

Cigarette smuggling kills Latvian economy

Along with the economic situation deterioration, the number of smuggling cases has surged considerably. However, despite this, the responsible authorities manage to discover these crimes more efficiently, stresses the State Revenue Service Customs Criminal Administration director Marians Burijs.

Taxi cabs to charge more

New regulations designed by the Ministry of Transport come into force on February 1. They provide a taxi ride is charged according to two positions: distance traveled and time spent, which means passengers will be charged about a lat more for an approximately ten minutes long ride.

Government secretly dismisses Parex management

The current AS Parex banka management Board and Council members will not be held responsible neither for their activities since the split of the bank, nor in future, the Cabinet of Ministers run by the Prime Minister Valdis Dombrovskis decided in a closed government session.

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