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Wednesday 20.11.2019 | Name days: Anda, Andīna

Global Doing Business rating: Latvia stays 19th, Lithuania nears top 10

In the Doing Business rating compiled by the World Bank, all three Baltic states are in the top 20 out of a total of 190 countries and territories, with Lithuania placed the highest and Latvia staying 19th.

Audit: Latvia’s Richest municipality spending money without reason

Latvia’s richest municipality, the Garkalne novads Council, spends taxpayer money without substantiating it and even wasteful, the State Audit Office has found in a highly critical audit.

Riga transport ticket company sees its board removed

In the Latvian capital, the ticket company SIA Rīgas karte has seen whole of its board removed from office in a meeting of shareholders on Wednesday, October 23, LNT television channel reports.

Latvia, being short of doctors, not planning more funds to training

Latvia, despite its shortage of young specialists in health care, has attributed in the 2020 state budget no additional funding to the training of resident medical specialists.

Latvian five-party coalition agrees on consensus budget proposals only

Working on the Latvian state budget 2020, government’s five ruling parties have agreed that in the parliament, the separate factions would not submit separate proposals for amendments, said MP Atis Zakatistovs after a coalition sitting.

Ventspils extends mandate of Lembergs and allies in freeport

The Ventspils City Council has on Friday, October 18, confirmed the extension of mandate to another five years in the board of the Ventspils Freeport Administration to long-standing municipal politicians Aivars Lembergs, Jānis Vītolņš, Didzis Ošenieks and Guntis Blumbergs, according to information available to the BNN.

Estonian interest in third pillar pensions lowest in EU, study finds

In Estonia, the interest of consumers in free-of-choice pension funds, is the lowest as compared to other member states of the European Union, a study of Better Finance investor rights group found.

Week in Lithuania: Grybauskaitė invited to think tank, push for 2nd vote on Speaker

Last week in Lithuania ex-President invited to join think tank, LFGU sought 2nd vote on Speaker’s removal, court reduced pro-Russian Councillor’s fine, and Order and Justice leader was urged to step down.

Saeima greenlights opening of regional gas market

The Latvian Saeima has on Thursday, October 17, adopted amendments aimed at removing obstacles to the creation of a regional gas market and ensuring the functioning of the joint Latvian, Finnish and Estonian tariff system from January 1, 2020.

E-commerce for prison inmates considered in Estonia

Estonian prisoners could be allowed to buy products using rather than using current prison shops, such is the option considered at the country’s Centre of Registers and Information Systems.

OECD: Bribery prevention results in Latvia disproportionate to cross-border risks

Latvia’s results in fighting bribery are still disproportionate with the risks of cross-border bribery and money laundering the country is subjected to, says the Working Group on Bribery of the Organisation for Economic Co-operation and Development.

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