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Tuesday 18.02.2020 | Name days: Kintija, Kora

Riga drafts almost 3 000 protocols for uncleared pavements and roofs

Since the beginning of December 2010, the police and inspections have overall drawn up about 3 000 administrative acts in Riga, of which around two thousand were prepared in January, the business news portal BNN was informed by the Riga City Council.

CPCB arrests Vaskevics for giving bribes worth 50 000 euro to SRS official

On January 31, 2011, the Corruption Prevention and Combating Bureau detained the Finance Ministry’s public official for bribery in the framework of criminal proceedings. The sum of the bribe amounts to more than 50 000 euro.

Latvia in risk of loosing EU funds

The generous European Fund, which has provided Latvia with nearly a half billion of euros over the past six years, may become more «thinner» in 2014. New European fund allocation regulations are actively discussed in Brussels and the current scenarios are not looking favourable for Latvia.

IMF: Latvia's policy should be more conservative

Given that it is difficult to forecast precise fiscal indicators, Latvia should be more conservative in its policy, considers the Senior Advisor at the International Monetary Fund European Department Anne-Marie Gulde-Wolf.

LEC Chairman: unfair businessmen should have limited access to tenders

In order to boost the construction sector development, the government should revise the Public Procurement Law and limit unfair businessmen participation in tenders to a maximum, considers the Chairman of SIA Latvijas Energoceltnieks (construction company LEC) Board Andris Asars-Asarovskis.

Public persons’ property confiscation procedure to be changed

Today, January 31, the government’s Committee approved the new procedure of public persons’ property expropriation.

To date Latvia has acquired only 1/5 of EU funds

Despite the complex financial situation, Latvia is still slow in making use of the available EU funds. It has acquired only one fifth part of the European Regional Development Funds during four years time in a seven-years long period (2007-2013).

Electricity price to severely hit rural inhabitants

This year the price of electricity is higher than last year; moreover, the new tariff project will harshly affect large families and rural inhabitants in particular.

Banks and insurers conceal benefits available

Banks and insurers are possibly wasting millions on new competitive products development and promotion, as clients do not even get to know about them.

FM refuses providing information on restitution of Jewish properties

The Ministry of Foreign Affairs will not provide a list with properties to be restituted to the Latvian Jewish community, as the issue of the restitution of Jewish properties is in a negotiation stage, but no agreement has been reached yet, the press secretary of the Ministry Jānis Sīlis says.

Citizenship and Migration Affairs Office brings the budget 4.4 million lats

The Office of Citizenship and Migration Affairs paid the state budget 4.4 million lats in 2010. The money was charged for various services, including issuance of passports and residents permits for foreigners.

Dealing only with stores would kill dairies

Supermarkets keep manipulating with suppliers, moreover traders statements on small profit, compared to producers income are populistic, says Latvian Dairy Producers’ Central Union’s Board Chairman Jānis Solks.

Prosperity of Latvians to be assessed

It is likely persons owning a property not listed at the state’s official registers, as well as persons with savings and debts over more than 50 minimum monthly wages – 10 000 lats – will have to submit the so-called zero declaration at the State Revenue Service (SRS) starting from July 1 this year.

Electronic identity cards expected in summer

Electronic identity cards (eID) introduction process launched back in 1999 already is soon to round up, according to the recent amendments to the Personal Identification Documents law just announced at the state secretaries meeting and currently coordinated with other authorities.


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