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Ceturtdiena 09.04.2020 | Name days: Valērija, Žubīte

Pavluts: Russia’s investments in energy sector to be regarded with caution

Areas where it is necessary to be careful with the Russian investment have been quite clearly determined, considers the Economy Minister Daniels Pavluts. He adds that the one of the key areas is energy.

Ronis emphasizes Latvia’s transit advantages in Kazakhstan

On Thursday, November 10, the Latvian Transport Minister Aivis Ronis is continuing his work visit to Kazakhstan, where he is attending Kazakhstan’s Transport Day - 2011 events, involving several countries transport ministers and representatives of the region's transit, transportation and logistics companies.

Analyst: Estonia’s «no» to Nord Stream project driven by emotions

The public discussion on the Nord Stream pipeline in the Estonian mass media was mostly dominated by emotional factors, which also affected the country’s official stance on this matter, says Heido Vitsur, chief analyst at the Estonian Development Fund.

Tajikistan set to help Estonia in the pilot case

Foreign Affairs Minister of Tajikistan Hamrokhon Zarif phoned his Estonian colleague Urmas Paet on November 9 to discuss release of the Estonian citizen - pilot Alexei Rudenko.

Vaidere: it’s time for Latvia to «show its teeth»

So far the European Union's multi-annual budget for 2014/ 20 does not give much optimism, given that very unfavourable conditions were provided for Latvia in such vital areas as the Regional and Cohesion Policy, Inese Vaidere, the European Parliament deputy, reveals in an interview to BNN.

New Key of Riga placed near Town Hall

Today, November 10, the new Key of Riga was placed at Riga Town Hall’s doors on a special podium, where it can be viewed by residents and guests of Riga.

Alcohol trademark Ushakov registered in Latvia

An alcoholic beverage trademark Ushakov has been registered in Latvia. The trademark owner is Boris Gaft, an Israeli businessman, while the trademark itself is designed for alcoholic beverages, except beer, according to the Latvian Patent Office’s information.

Kalnins: Latvia must quit EU

"We lost our economic independence once joining the EU. What's more, we have lost residents of rural areas," says the outstanding Latvian composer and politician Imants Kalnins.

WT Terminal: Riga Free Port management - too fragmented

The way Riga Free Port (RFP) is managed is too fragmented. We are all on our own, while there are indeed issues that the RFP should discuss with companies operating within the territory of the port, says Andis Bunksis, WT Terminal board member.

Bank of Latvia: growing uncertainty in the world

Although so far the export growth has been rather steady, it is expected to slow down in the nearest future due to the weakening external demand and reduction in the global price pressure, indicates Ramune Rimgailaite, economist at the Bank of Latvia.

Rinkevics: EC’s current financial offer to weaken Latvia’s competitiveness

On November 9, the Foreign Minister Edgars Rinkevics met with Janusz Lewandowski, the European Commissioner for Budget, in Brussels to express Latvia’s interests regarding the European Commission’s proposals for the next multi-annual EU budget.

Vilks: lenders furious over state company efficiency

Lenders are not pleased with the corporate governance and its effectiveness in Latvia. They do not want similar surprises as in the case of airBaltic, when the country failed to sort out this matter, says the Finance Minister Andris Vilks.

Latvia lost 100 billion lats after 200 000 people emigrated

Over the last decade, at least 200 000 people have emigrated from Latvia, causing the country loses (at current prices) of 100 billion lats, reveals Michael Hazan, winner of this year's economics prize Spīdola.

Nordea: exports set to fall in late 2011

In September, the value of export increased once again, hitting a new record and exceeding by 17 million lats the very high indicators in August. This was mostly due to a rise of almost 22 million lats in the agricultural and food exports, says Andris Strazds, chief economist at Nordea Bank.

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