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Sunday 29.03.2020 | Name days: Agija, Aldonis

With Covid-19 panic, authorities to perform monitoring of prices to control dishonest traders

Considering the situation with the spread of the coronavirus Covid-19, Latvian Crisis Management Council decided on Monday, 2 March, to order relevant institutions to perform monitoring of the prices of basic needs prices and services.

Three US presidential candidates quit race to endorse Biden

As the US Democratic Party continues to vote to select ist presidential candidate, three candidates have quit their campaigns and endorsed Joe Biden, French news agency AFP reports.

Eurostat: Latvia has the largest expenses on defence from GDP in the European Union

Latvia’s expenditures on defence reach 2.1% of its GDP. This makes Latvia’s index the highest among all European Union member states, according to data published by Eurostat on 2 March.

Competition Council permits Baltcom and Bite Latvija merge

Latvia’s Competition Council has decided to permit mobile communications operator Bite Latvija and telecommunications company Baltcom to merge, as confirmed by Bite Latvija representative Una Ahuna-Ozola.

Measures requested for Latvian citizen over recruitment of VDD official for Russia

In the middle of February Latvian State Security Service requested the office of the prosecutor to commence criminal prosecution of a Latvian citizen over recruitment of a VDD official to spy for Russian intelligence services.

Average wage in Latvia before taxes last year – EUR 1 076

In 2019, the average gross wages and salaries for full-time work in Latvia comprised EUR 1 076. Compared to 2018, the average earnings rose by EUR 72 or 7.2 %. Average net wages and salaries (calculated based on labour taxes applicable on workplace) comprised EUR 793 or 73.7 % of gross earnings.

Survey: one-third of Latvian residents expect tax returns

One-third of Latvian residents expect to receive tax returns of 50 to 100 euros this year, according to Swedbank Private Finances Institute expert Evija Kropa.

Ritvars Jansons becomes parliamentary secretary to Culture Ministry

13th Saeima deputy Ritvars Jansons from the National Alliance «All for Latvia – For Fatherland and Freedom/LNNK» has become parliamentary secretary to Latvia’s Culture Ministry, as confirmed by the ministry’s advisor for public relations Inga Vasiļjeva.

Healthcare workers who had been to countries affected by Covid-19 may be quarantined

On 2 March Latvia’s Crisis Management Council was provided a recommendation to establish a 14-day quarantine for all state social care institutions, as well as pre-school education institution workers who have returned from countries affected by the new coronavirus, said Healthcare Minister Ilze Viņķele.

EU and UK launch talks on trade and other areas of future relationship

As the United Kingdom is continuing its life as usual in the post-Brexit transition period, Brussels and London beginning on Monday, March 2, their talks on EU-UK future relationship in areas from trade to fisheries and police, AFP news agency reports.

Warning – icy roads make road traffic potentially risky in parts of Latvia

On 2 March the ice formed on roads in Vidzeme and Kurzeme makes driving conditions dangerous on state and regional roads, as reported by Latvian State Roads.

While Latvia’s GDP grows 2.2%, other Baltic States experience more rapid growth

In 2019, Latvia experienced the slowest GDP growth among Baltic States, according to data from Latvia’s Central Statistical Bureau of Latvia.

Latvia’s GDP growth reportedly 2.2% in 2019

Compared to 2018, the economic growth continued and Gross Domestic Product increased by 2.2 %. In 2019, GDP at current prices amounted to EUR 30.5 billion. Compared to Q3, in Q4 2019 GDP at constant prices grew by 0.1 %, according to seasonally and calendar adjusted data.

Retail trade turnover in Latvia up 2.6% in January

Compared to January 2019, total retail trade turnover rose by 2.6 % in January 2020. Turnover of retail trade in food products grew by 4.4 %.

Latvia and USA sign joint declaration to enhance 5G network security

On Thursday, 27 February, Latvia’s Foreign Affairs Minister Edgars Rinkēvičs and US Secretary of State Mike Pompeo sign a joint US-Latvian declaration on 5G network security, as reported by Foreign Affairs Ministry.


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