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Tuesday 20.08.2019 | Name days: Bernhards, Boriss

Swedbank: tax rise to encourage tax evasion

Further tax increase may even more propel avoidance of tax pay, especially if the volume of shadow economy does not decrease and the society’s confidence in expenditure reduction process declines, assert Swedbank economists.

Latvia President nominates Dombrovskis as Prime Minister

The President of Latvia Valdis Zatlers announced today, November 2, that the current Head of the government Valdis Dombrovskis (the party New Era) is nominated as the Candidate for the Prime Minister post.

Riga Central Market not quick to get rid of mediators

AS Rīgas centrāltirgus (Riga Central Market) plans developing a new land lease regulations; however the existing contracts most likely will remain in force.

Car insurance to be more expensive in 2011

After a huge drop in prices within two years’ time – for OCTA (about 50%) and KASKO (about 20%) policies – the insurers expect a return to the climb in prices next year. OCTA price is likely to increase even by 30%, but KASKO – by 20%.

Economist: selling Citadele and Parex Bank could reduce the state debt

By selling the almost entirely state-owned AS Parex banka and the created AS Citadele banka as its reorganisation result the state could exempt the currently frozen state deposits at both banks and reduce the state’s external debt, indicated Nordea Bank senior economist Andris Strazds.

Survey: 51% of Latvia residents support AFL–FFF/LNNK non-inclusion in coalition

More than a half of the respondents in the economically active population of Latvia support the party association Unity decision not to include the party All for Latvia – For Fatherland and Freedom/LNNK in the new coalition, indicate the survey conducted by TNS Latvia and LNT broadcast 900 sekundes.

Latvia State Employment Agency Head: more people find permanent jobs

Currently unemployment tends to drop along with a growing number of people taking up permanent jobs, said Latvia State Employment Agency (SEA) Head Baiba Pasevica (Baiba Paševica).

Saturday post in Latvia - not to be delivered any more

Latvijas Pasts Board has decided not to deliver Saturday post starting from early 2011, the company's Board Chairman Aivars Veiss announced in a press conference today, October 29.

Debtors owe the state 153.31 million lats

Overall 198 enterprises and individuals, whose debt exceeds more than 300 000 lats, owe the state budget 153.31 million lats in total on October 1.