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Tuesday 18.06.2019 | Name days: Madis, Alberts

Opinion: this April marked the beginning for increased buyers’ activity

This April’s retail trade turnover reached 10.5%, which is its highest index in the past two years, says Swedbank economist Kristilla Skruzkalne.

Wages have grown equally in Latvia and Estonia this year

In Q1 2014 average monthly gross wages and salaries in Latvia, compared to Q1 2013, increased by 7.7% from EUR 689 to EUR 742.

Daily joke: young businessmen

A police officer found a perfect hiding place for watching for speeding motorists.

Retail trade turnover in Latvia grows 10.5%

Compared to March, the total retail trade turnover in April 2014 rose by 2.5%, according to seasonally adjusted data at constant prices. Retail trade in food products grew by 1.2%, whereas of non-food products - by 3.5%.

National Bolshevik Aijo Beness’ supporters attack Latvian general consulate in Russia

On the night to Friday, May 30th, radicals of Eduard Limonov’s Other Russia movement attacked the Latvian general consulate in St Petersburg, tossing petards and smoke grenades at the building and setting up a USSR flag on the façade of the building.

Latvia’s credit rating returns to its pre-crisis level

This Monday, May 30th, Standard & Poor’s agency upgraded Latvia’s credit rating from BBB+ to A-, returning it to its pre-crisis level.

Saeima supports Dombrovskis as European commissioner candidate

‘Latvia has received much from the European Union in terms of external policy support and security. Now our country’s responsibility is to contribute to the EU. We can do this by offering a professional and highly-qualified candidate for the post of European commissioner,’ – says the head of Saeima Legal Affairs Committee Zanda Kalnina-Lukasevica.

Experts: Latvia has to decide what it wants to achieve

Latvia has to decide how it wants to stand out from the rest and what it wants to achieve. Such was the conclusion of the Foreign Investors Council in the ‘National leadership in relation to corporate leadership’ discussion.

Bookmakers believe hockey player/politician Ozolins will not enter the Saeima

Betsafe bookmakers predict the now former ice hockey player Sandis Ozolins will not enter the Saeima. They believe popular figures like him will not be able to salvage poor ratings of Einārs Repše’s For Latvia’s Development party.

Court declines Lembergs’ claim against Sprūdžs

This Thursday, May 29th, Jurmala City Council declined Aivars Lembergs’ claim against former Environment Protection and Regional Development Minister Edmunds Sprūdžs for the supposed act of defamation against the former.

Annual construction costs up 0.6% in Latvia

Compared to April of the previous year, construction costs grew by 0.6%. Labour remuneration of workers increased by 4.6%, maintenance and operational costs of machinery and equipment – by 1.3%, but prices of building materials reduced by 1.0%.

Prime Minister: the decision about centralized exams is not cancelled

The Cabinet of Ministers has not cancelled its previously made decision regarding the introduction of compulsory centralized exams for chemistry and physics, says Prime Minister Laimdota Straujuma.

Daily joke: what comes natural

Q: Why are frogs so happy?

PHOTO: officials set the foundation of LU Academic Centre in Tornakalns

This Wednesday, May 28th, high-rank state officials and representatives from University of Latvia and LNK Industries Group set the foundation of the future LU Academic Centre in Tornakalns. In addition to that, officials also put a special time capsule in the foundation of the building for future generations to discover.

Volvo to build road able to charge moving electric buses

Car manufacturer Volvo plans to commence a study, as part of which a road will be built that will be able to charge a moving electric bus.