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Tuesday 20.08.2019 | Name days: Bernhards, Boriss

Tourists left without New Year entertainment

Tens of thousands of tourists, who had arrived to Riga to celebrate the New Year from Scandinavia, Russia and other countries, had to spend the holidays at hotel, since most restaurants and coffee shops in Riga centre were closed on January 1, Riga City Council Deputy Chairman Andris Ameriks points out his discontent.

Long-term gas contracts becoming unprofitable

Long-term gas supply contracts for ten years, where the price is tied to the mazut price with three to nine months lag were once considered as a security guarantee, however, they are becoming unprofitable.

Construction costs drop by 0.9%

Compared to October, in November the construction costs in Latvia dropped on average by 0.9%. Maintenance and operational costs of machinery and equipment fell by 1.4%, labour wages – by 1.1%, while the price of building materials – by 0.6%.

Latvia’s most subscribed newspaper – Latvijas Avīze, magazine – Ieva

Throughout Latvia more than 443 thousand periodical subscriptions have been made for the following year. The number of subscriptions is similar to the last year’s data, suggesting stable habits of people in Latvia.

Demographic scientist: immigrant inflow in Latvia to increase after five years

Most likely, after the year 2015 the flow of immigrants to Latvia will increase; moreover, according to the demographic scientist Ilmārs Mežs, there are many coveters.

2011 fuel price might hit 85 santims per liter

Fuel sector is to undergo considerable price climb next year, namely, fuel price might reach 85 santims per liter starting from January 1.

Next year to bring price climb

Many foodstuff products prices will surge several santims in the first week of January.

Savisaar: Estonians have sacrificed too much for the euro

The Estonian government has rushed with the accession to the eurozone, causing Estonians to give up too many things because of it, the politician Edgar Savisaar admits.

Tukuma piens exports surge 250%

This year, the milk-processing company AS Tukums piens export volume has risen by 250%, mainly due to the successful operation in the Lithuanian market, where fresh milk products are actively traded.

Kampars almost «negotiated» costlier gas for Latvia

When meeting with the Russian Prime Minister Vladimir Putin, during the President of Latvia official visit to Moscow, the Minister of Economics Artis Kampars fell flat by almost «negotiating» a higher gas price for Latvia for winter, instead of a lower one.

Investment protection depends on Russia

The preparation and signing of the intergovernmental agreement on investment protection between Latvia and Russia depends on the latter – the Minister of Economics Artis Kampars replies to the fundamental question in business circles about the signing of investment protection contract.