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Monday 30.03.2020 | Name days: Nanija, Ilgmārs, Igmārs
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December shows housing prices drop

December 2010 reported 0.8 % series apartment price drop for the first time during the year, amounting to an average price of 609 EUR/m2.

Riga airport passenger turnover grows 15% in 2010

In 2010, the International Airport Riga serviced 4 663 692 passengers – nearly 15% or 597 108 people more than in 2009, when overall 4 066 854 travellers were serviced, the company informs the business news portal BNN.

Professor: Latvia’s recovery from crisis could be longer than expected

Latvia’s recovery from the crisis could be much longer than we expect, the Professor at the University of Latvia and Sorbonne University Baiba Savrina states.

Producer prices in Latvia surge 0.2%

Producer prices in Latvia grew by 0.2% in November, 2010, compared to October, which is the second smallest growth in the European Union.

E-ticket payments possible in trains from May 2011

Starting from May 2011 it will be possible to use e-tickets in trains, which are currently used to pay fares in Riga public transport. AS Pasažieru vilciens e-ticket will be implemented in three stages.

18 000 households still left without electricity

In the morning of January 5 about 18 000 households in Latvia were still left without electricity, moreover, the number grew by 1 500 households more, due to precipitation.

Tourism bureau Key Promotions goes bankrupt

The notorious tourism bureau Key Promotions creditors have decided to launch the company's bankruptcy procedure, according to the information available at the Insolvency Register.

Finance Ministry specifies persons righteous to 0% VAT rate

The Cabinet of Ministers has specified the range of people righteous to purchase goods and services in the territory of Latvia with the 0% VAT (value added tax) rate.

Sugar to become a luxury

Poor harvest of sugar cane in Brasil and Australia endangers Europeans, including, Latvians as well, as might result in sugar becoming a treasured luxury - as in the Middle Ages.

Water meter business in hands of sham operators

Possibly, the data on water meter verification time-limits have come in wrong hands.

Dombrava compares Saeima to a voting machine

The newly elected Saeima member Jānis Dombrava says he is extremely and unpleasantly surprised at what he is experiencing in the Saeima. The Parliament should be a place for democratic discussions, instead our Saeima is like a voting machine.

Latvian economy back on recovery path

Although in 2010 the economic situation was tense and will remain so in 2011, last year was favourable for economics, the experts at SEB banka indicate to the business news portal BNN.


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