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Saturday 19.10.2019 | Name days: Drosma, Drosmis, Elīna

Businessman Abdulmuslimovs: there is no Chechen mafia in Latvia

Latvia is beginning to resemble a typical Asian or Arab state, where only relatives take up posts, believes the businessman Bislans Abdulmuslimovs born in Chechen-Ingush Autonomous Republic.

CPB once halted investigation on «money launderer's» close person Bors

In 2006 CPCB investigated with the record money-launderer Artis Hartmanis connected person, the leading Constitutional Protection Bureau (CPB) counterintelligence head Aigars Bors, due to alleged unlawful activities with the so-called «undercover passport» issuing. However with the help of CPB high-ranking officials, the investigation was stopped.

Coalition considers Bank of Latvia spending cuts

Along with different state budget consolidation measures, the coalition has also discussed options of reducing the Bank of Latvia (BL) administrative expenditures, including the option of embodying the salaries of the Bank's employees into the single-salary system.

Pilsetniece resigns from Notaries Council Chairperson post

The Latvian Sworn Notaries Council has approved the resignation of its former Chairperson Ilze Pilsetniece, the LSNC Managing Director Vija Pizica informed the business portal BNN.

Subsistence level in Latvia rises by 2.03 lats

This year October, compared to September, the subsistence level has increased by 2.03 lats and forms 169.41 lats, indicates the Central Statistical Bureau information.

Privatization Agency to keep managing state shares at Parex bank and Citadele

In order to successfully carry out the European Comission's approved state support restructuring plan in the joint stock companies Citadele and Parex Bank, the Cabinet of Ministers has amended the statutes of Latvian Privatization Agency (LPA) by increasing its stock capital by five million lats.

Most active projects writers - in Riga, Cēsis and Jelgava

Residents of Riga, Cēsis and Jelgava are the most active projects writers in Latvia, according to Labie Darbi (Good Work Project) half year reports.

The record big money launderer connected to CPB high-ranking official

Iveta Bora, the business partner of entrepreneur from Liepaja Artis Hartmanis, who is currently suspected of alleged four-year long money laundering turning approximately 140 million lats, is the wife of the leading Constitutional Protection Bureau counterintelligence employee Aigars Bors.

Foreigners do not covet Jurmala City land

Jurmala City land market has not witnessed any significant changes during the year, although foreigners are willing to purchase apartments in new projects buildings, they do not covet land.

Reduced VAT rate could be raised to 15 %

Next year the value added tax rate for medicinal products, public transport, books, hotel business and heating could be raised from the present 10% to 15% or even 21%.

Latvia Motor Insurers’ Bureau: car owners prefer reimbursements in cash

Along with the economic downturn the number of road traffic accident victims – vehicle owners – who prefer receiving indemnity in cash, not as insurer’s paid repair service, is growing, admitted the experts at Motor Insurers’ Bureau of Latvia.

Riga City Council opposition: Council prepares «festivities budget»

The Deputies of parties New Era and Citizens’ Union, which are representing the party association Unity at Riga City Council, are up in arms how Riga Municipality’s budget funds and previously accumulated means are carelessly and recklessly spent.