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Wednesday 19.09.2018 | Name days: Verners, Muntis

Ex-Prime Minister: political parties fight for power, not long-term growth

The state is not considering long-term growth, which can push it into huge problems, says Aigars Kalvītis, the former Prime Minister of Latvia.

Around 1 500 public benefit organizations founded in Latvia

Until January 1, 2011, the public benefit organization status was effective for 1 485 organizations in Latvia, while in the first three months of 2011, public benefit organization status was granted to 47 organizations.

March minimum subsistence level - 173.51 lats

The minimum monthly subsistence level in Latvia has climbed up to 173.451 lats, growing 1.23 lats, compared to February and 9.37 lats, compared to March 2010.

Last year budget deficit - 7.7%, debt - 44.7% of GDP

In 2010 the general government budget deficit of Latvia hit 983.9 million lats or 7.7% of Gross Domestic Product (GDP), while the governmental debt amounted to 5 693.6 million lats or 44.7% of GDP.

Economy Minister declaration's defender herself forgets to list tractor

The political association Unity Ethics Commission member Liene Liepiņa, famous for her saying regarding the Economy Minister Artis Kampars case that not always the essence of the matter is as it looks like, herself has also forgotten to mention some things on her annual income declaration.

New taxes likely to be introduced

In 2012, young-growth forests, power lines, hydroelectric power stations and agricultural production facilities may be subject to the cadastral tax, according to the proposals of the task group set by the Prime Minister.

Personal code likely to change

To promote data protection, the first part of a personal code suggesting the birth date of a person might have to be abandoned in Latvia. However, such changes can cost millions of lats.

Swedbank branch robbed in Riga

Today, March 14, an armed robbery took place at Swedbank branch in Purvciems, Riga, the bank's press secretary Kristīne Jakubovska told the business news portal BNN.