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Friday 24.01.2020 | Name days: Krišs, Eglons, Ksenija

Lithuania warns about end in rapid wage growth

«The summer will not last forever,» said Lithuanian Finance Minister Vilius Šapoka about a summary of official economic forecasts, which warn that after a fairly rapid growth, national economy and wages would grow at a somewhat slower pace.

Latvian residents lose at least 460 000 euros to questionable websites

As a result of operations of questionable virtual platforms Latvian residents have suffered losses worth more than EUR 460 000, according to information from State Police.

Vilnius Square in Tbilisi – renovated and unveiled

The Vilnius Square devoted to Georgian-Lithuanian solidarity in Tbilisi has been renovated and also presented to the public this week.

Saeima committee to discuss FCMC’s addition to Bank of Latvia

On Wednesday, 11 September, Saeima’s Budget and Finance Committee gave Finance Ministry time until autumn 2020 to evaluate the option of adding Finance and Capital Market Commission to the Bank of Latvia.

Business park to be established in Carnikava; land to be auctioned off in October

Carnikava municipality plans to establish a business and innovations part Mežgarciems. The municipality plans to hold an auction of rights to procure land for the new business part in the beginning of October, as confirmed by the park’s representatives.

Stress – a major problem for residents in Latvia. How to fight it?

29% of Latvian residents regularly experience stress. 40% of them experience stress on many occasions, whereas 22% experience stress rarely. 6% have never experienced stress, according to data from BENU Aptieka Health monitoring survey.

Unemployment level in Latvia declines to 5.9% in August

At the end of August, unemployment level in Latvia was 5.9% of the total economically active population, which is 0.1 percentage point lower than a month prior, as reported by State Employment Agency.

Latvian government fails to declare state of emergency in Riga

Even after reports from Justice Ministry, State Chancellery and other involved sides, Latvia’s Cabinet of Ministers has failed to reach an agreement on the declaration of a state of emergency in Riga’s waste management sector.

Transport Minister declines state secretary candidate due to political affiliation

Latvia’s Transport Ministry’s state secretary candidate was declined due to political affiliation, said minister Tālis Linkaits.

Estonia, Lithuania offered energy and environment portfolios in next EC

In the next European Commission, the areas of responsibility offered to the commissioner picks of Lithuania and Estonia are environment and energy, respectively, the EC stated on Tuesday, September 10.

Latvia’s foreign trade turnover up 0.9% in July

In July 2019 the foreign trade turnover of Latvia amounted to EUR 2.42 billion, which at current prices was 0.9 % more than a year ago, of which the exports value of goods was 3.1 % higher, but imports value of goods was 0.7 % lower.

Estonian trade deficit widens as imports up in face of shrinking exports

The import of goods to Estonia has in July increased by five percent as compared to the trade data of July 2018, leading to a significant widening of the country’s trade deficit, Estonian official statistics showed.

Environment ministry prepares to resolve Riga’s waste management matter

Environment Protection and Regional Development Ministry is hard at work developing a solution for residents to redo their waste management contracts so that it is possible to move waste in Riga on 15 September, said Environment Protection and Regional Development Minister Juris Pūce.

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