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Sunday 05.04.2020 | Name days: Vidaga, Aivija, Vija

Dombrovskis: BAS trying to register fake airBaltic shares

«National airline airBaltic minority shareholder SIA Baltic Aviation Systems was trying to register fictive shares in a bid to get hold of the controlling share in the airline,« says Valdis Dombrovskis, Prime Minister.

Ansip: Greece must be helped just like Latvia was

Andrus Ansip, Estonian Prime Minister says he cannot relate to people who propose to evict troubled countries, for example, Greece from the eurozone. He urges to remember about the financial situation their neigbour Latvia faced two year ago.

Foreign trade up 25.3% year-on-year

In July 2011, the total foreign trade turnover at current prices comprised LVL 1131.6 million – 7.1% or LVL 74.8 million more than in June 2011. It is 25.3% or LVL 228.5 million more than in July 2010, according to provisional data of the Central Statistical Bureau.

Photos of the Week 2011.09.09

Each Friday BNN-NEWS.COM offers the most interesting, the most scandalous and simply the most beautiful pictures from all over the world.

Uncertain economic future calls for caution

Trade, transport and manufacturing sectors boosted growth also this quarter, just like in the previous one, Igors Kasjanovs, Bank of Latvia Economist, comments on the latest GDP data.

Dollar gains while oil drops

Crude oil futures fell after the chief of the U.S. Federal Reserve gave a speech that failed to come up with new steps to boost economic growth. The dollar climbing sharply also contributed to oil drops.

Only safe airplanes fly to Latvia and EU

Russian aircraft flying to Latvia as well as the European Union are in a good technical condition and they are checked regularly, says Maris Gorodcovs, director at the Civil Aviation Agency. He is refraining to comment on the technical condition of planes flying within the airspace of Russia.

Ushakov: Harmony Center fears de-occupation coming to light again

One of the reasons why the association Harmony Center is concerned with how to name events of 1940 is natural fear that certain politic forces could bring de-occupation to light again, says Nil Usakov, Harmony Center's candidate for Prime Minister post.

Finance Ministry: GDP growth needs to be assessed together with external factors

Q2 GDP growth pace accounts for the fastest in the past nearly four years. We can see this from the Central Statistical Bureau's data that GDP is up 5.6% versus Q2 2010.

Latvian GDP expands 5.6% in Q2

Compared to the second quarter of 2010, the Gross Domestic Product (GDP) is up 5.6% in the second quarter of 2011, while growing 4.6% in the first half of 2011 versus the same period a year earlier, according to the seasonally non-adjusted data of the Central Statistical Bureau.

Annual inflation hits 4.7% in Latvia

Compared to July 2011, the average consumer price level in August 2011 dropped 0.3%. Prices of goods fell 0.6%, while prices of services gained 0.2%, according to the Central Statistical Bureau.

People find new job twice as fast as in 2010

Despite success of finding a new job depends on experience, ambitions and the sector, active search can result in employment twice as fast as last year, specialists told BNN.

Food producers worry about commodity prices

Price gains of commodities possible this autumn raise worry among food producers, who fear price could hike in several positions, flared up by processes on the global market.

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