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Monday 20.01.2020 | Name days: Aļģirds, Orests, Oļģerts, Alģis

Auditor General: Latvenergo tariff is yet another tax

Until the state development vision is not defined, there will be no correct actions regarding the budget or reforms, the State Auditor General Inguna Sudraba indicates.

Alfa: situation in special unit has stabilized

Currently, the situation in the special task unit Alfa has returned to normal, the special unit deputy commander Juris Grabovskis recognizes.

34% more mineral fertilisers used on agricultural crops in 2010

Last year, 34% of the utilised agricultural land was treated with mineral fertilisers. In 2010, 55% of the total area of agricultural crops were treated with mineral fertilisers (in 2009 – 50%), of which 78% of cereals (in 2009 – 73%) and 89% of industrial crops (in 2009 – 71%).

VAT payments hit 109 million lats in February

This February the value added tax contributions comprised 108.8 million lats, which is in accordance to the average monthly VAT revenues, informs the Finance Ministry.

Inhabitants to pay ridiculous taxes if cadastral valuation system is not changed

The existing amendments to the cadastral valuation provisions are rather superficial, because the entire cadastral valuation system should be reviewed, considers Andris Jaunsleinis, the Chairman of the Latvian Association of Local and Regional Governments.

75% of Latvia population support fast trains to Europe

The majority of Latvia population approve of the necessity to build fast trains system in Latvia to link it with Europe. 75% of Latvia residents aged 15 to 74 believe Latvia needs a fast train route Tallinn-Riga-Kaunas-Warsaw-Berlin (Rail Baltica).

Lux Express: national intercity traffic subsidy policy needs revision

Lux Express calls for opening the intercity passenger traffic market for free competition, monitoring only the departure times. This would substantially reduce the state subsidies for domestic traffic; moreover, such system is already successfully operating in Estonia.

87% of Latvia residents not satisfied with government’s work

Despite the publicly voiced promising expectations about the economic recovery, the inhabitants’ sentiment regarding the economic situation in Latvia has declined dramatically, experiencing as sharp drop as in spring of 2009.

32% of Latvians willing to work abroad

Latvians leaving to work abroad is a serious issue with long-term effect on the future of the state, 76% of the respondents say. 9% see it as an important, but short-term problem, while 6% point out it is not that big issue after all.

Fuel price gains to halt soon

There are no objective reasons for fuel prices to keep surging. The current fuel price in North Eastern Europe is a couple of percent lower than several weeks ago. Moreover, US dollar has dropped as well, which should drag down fuel prices even more.

77% of Latvia population support passenger carriers’ protest

77% of the economically-active residents of Latvia, aged 18 to 55 years, support the passenger carriers’ warning protest campaign on Thursday, March 24.

Latvia sells 8 million lats government securities

On March 23, ten-year domestic government bonds were offered with maturity February 4, 2021. Eight million worth government securities were sold.

Expert: passenger transportation might see a downfall in 2012

If the budget consolidation measures, which are currently being planned by the government, are implemented and the sector funding is reduced by aanother 30%, passenger transportation can expect a breakdown in 2012, considers Pēteris Salkazanovs, the president of the Latvian Passenger Carriers’ Association.


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