bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 26.03.2019 | Name days: Eiženija, Ženija

WikiLeaks: last year Sweden gave 50% chance – Latvia will face economic collapse and devalue the lat

When meeting with the US ambassador in the autumn of 2009, Sweden’s Finance Minister Anders Borg expressed confidence – there is a 50% chance that the lat will be devalued by the end of the year and the Baltic States will experience an economic collapse, which could affect the whole region; therefore, the US should use its influence on other countries to prevent this.

Household gas tariffs to be smaller the next year

In January 2011, the gas tariffs for households in Latvia will become cheaper; moreover, they could also reduce for the major consumers, Latvijas Gāze Press Secretary Vinsents Makaris revealed to the business news portal BNN.

Latvijas Gāze approves new gas price calculation agreement

The company’s Latvijas Gāze Council has approved the new gas price calculation agreement for next year, which will be also signed by the Russian gas utility Gazprom this year.

External trade turnover grows by 26.5% during year

The total external trade turnover at constant prices formed 986.8 million lats in October this year - which is 2.1% or 21.5 million lats less than in the previous month, while 26.5% or 206.6 million lats more than in October 2009.

47% of Latvia’s population hope for higher pension age income

Nearly half, or 47% of Latvia’s population hope their income at retirement age will be higher than currently.

Riga public transport not to become more expensive in 2011

Although public transport services will claim 7% more funds from Riga City budget, the tariffs will not be increased, moreover it is planned to keep all the current discounts.

Insurance policies price climb expected next year

Insurance policies price will surge in 2011, while the process will not be excessively rapid, says the insurance company ERGO Board member in the Baltics Deniss Sazonovs.

Latvia budget cuts are not big, compared to other states

Compared to budget cuts of other states, Latvian 590 million lats for the following two years seems not than big sum after all.

State administration to allow employee financial motivation

Starting from the next year, the employees financial motivation system in the state administration will be resumed, as well as the possibility to receive 30% premium in addition to the salary.

Latvia GDP surges 2.9%

In the third quarter of this year, the GDP has increased by 2.9%, compared to the corresponding period in 2009. Manufacturing contributed the most to the GDP growth.

Big cities residents to pay the highest property tax

If the Saeima approves the government's supported proposal to double property tax for housing, Riga, Jurmala and other big cities residents will have to pay the most in taxes.

Newest comments