bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Friday 20.07.2018 | Name days: Ramona, Ritma

Facebook ends project to build solar panel drone-internet provider

World's leading online social network company Facebook has decided to drop its plan to produce drones that would provide internet in remote areas of the world.

Survey: real estate purchase is the most optimal form of investment

Latvia’s residents view real estate purchase as one of the best forms of investment. 46% of Latvia’s residents would invest in real estate. Other popular forms of investment include gold, which is considered reliable by 26% of residents, and life insurance – 18%, according to results of Swedbank’s survey.

Estonian economy to grow by 3.5% in 2018, central bank estimates

Estonia's economic growth would be at 3.5% in 2018-2019, but it would slow to 2.5% in 2020, according to forecasts by the Estonian central bank, Eesti Pank.

French butchers seek protection from vegan hooligans

Butchers in France have asked the government for protection against militant vegans, accusing them of trying to affect the country's traditional meat-eating culture.

Average electricity price decline in Latvia this week – 13%

The average weekly electricity price in Latvia has declined by nearly 14% – to 42.27 EUR/MWh – in Estonia and 45.72 EUR/MWh in Lithuania. The price decline in Latvia was 13% – to 45.72 EUR/MWh, according to information from Latvenergo.

Tourist favourite Ruhnu island in Estonia affected by broken-down ferry

Estonia's scenic Ruhnu island, which is located closer to Latvian mainland than to other Estonian territories, is affected by disrupted ferry traffic from the city of Pärnu and the romantic island in the heat of the tourist season.

Greece glad about significant eurozone debt relief

Eurozone member states have adopted a long-expected debt relief deal for Greece, giving Athens more time to repay EUR 96.9bn worth of loans and extends a grace period during which Greece will pay little or no interest.

Potential investors want ABLV Bank’s owned bank in Luxembourg

Several potential investors have voiced their interest in purchasing liquidated ABLV Bank’s owned ABLV Bank Luxembourg, says the bank’s liquidator Arvīds Kostomārovs.

Evidence in criminal case at risk in ABLV Bank’s self-liquidation process

Sergei Magnitsky’s former employer, Hermitage Capital Management, sent a request to Latvia’s law enforcement authorities on 21 June 2018, asking them investigate money laundering in ABLV Bank.

Petrol station network in Latvia caught performing fraudulent activities with diesel fuel

State Revenue Service’s Tax and Customs Police have uncovered and put an end to a fraudulent scheme with diesel fuel performed by some network of petrol stations in Latvia, as confirmed by the service.

American banks tested for financial stress show positive results

The U.S. has performed banking stress tests and found that the 35 largest banks operating in the country have enough funds on hand to sail safely through a severe financial crisis.

Production of mines and grenades planned in Estonia

As the Estonian parliament has adopted new rules on military arms and ammunition production in the country, local defence firm Eesti Arsenal has voiced its plan to build a factory in Estonia to make military explosives.

Volkswagen fined billion euros for diesel exhaust scheme

German car maker Volkswagen has been fined one billion euros by German prosecutors for its diesel emissions scandal and the car firm's management has stated it did not plan to appeal against the fine.

Charging electric car to cost 15 cents per minute in Latvia

As Latvia builds its network of 150 quick charging stations for electric vehicles, the Latvian government has approved the cost of the service at 15 euro cents per minute with the value added tax.