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Tuesday 16.10.2018 | Name days: Daiga, Dinija

Latvian government supports 2019 budget project

On Monday, 15 October, Latvia’s Cabinet of Ministers supported Finance Ministry’s prepared 2019 budget plan project. State budget revenue in 2019 is planned at EUR 9.178 billion, which is EUR 217 million more when compared to 2018, whereas state budget expenditures are planned at EUR 9.205 billion, which is EUR 96 million more when compared to 2018.

Residents’ debts before non-finance companies remain the highest in Latvia

The debts of Latvian residents before non-finance companies have doubled over the course of the past half-year, reaching 305,000 unpaid bills, according to data from the Credit Information Bureau.

Minister: current government may yet decide on MPC reform

The decision on reformation of the mandatory procurement component may be made by Latvia’s current government, said Economy Minister Arvils Ašeradens in an interview to Latvijas Radio.

Brexit talks unable to solve Irish border issue days before decisive EU summit

Weekend talks between the leading Brexit negotiators did not end with a draft settlement as there is no agreement on the issue of the Northern Irish border shortly before a make-or-break European Union summit.

Latvian ministers do not support merging healthcare and welfare ministries

Latvian Healthcare Minister Anda Čakša and Welfare Minister Jānis Reirs do not support the proposal on merging their respective institutions, as both ministers said, commenting on the information regarding new Saeima parties’ plans for the two ministries.

Week’s beginning to remain warm in Latvia; wind and rain to return soon after

Weather is expected to remain warm in Latvia at the beginning of the week – days will be dry, sunny and warm. However, things will change in the second half of the week: weather will become cold and windy. Days will also become rainy, as reported by Latvian Environment, Geology and Meteorology Centre.

Railway freight volumes in Latvia up 8.4% in nine months

The volume of railway freight has grown 8.4% in Latvia in the first nine months of 2018 when compared to the same period of 2017 and was 36.11 million, according to data compiled by Latvia’s Transport Ministry.

NCP offers forming coalition with five to seven parties, leaving UGF and Harmony in opposition

New Conservative Party has offered parties elected in the Saeima to form a coalition consisting of NCP, KPV LV, Attīstībai/Par, National Alliance and New Unity.

State Audit: non-transparent teachers’ pay system creates risk of misuse of state funds

The unclear, confusing and non-transparent teachers’ pay system creates risks of misuse of state funds and the profession’s prestige, says Latvian State Auditor Elita Krūmiņa.

Estonian press: Saeima «difficult even for Latvians»

Estonian media have evaluated that the result of the Saeima election in neighbouring Latvia has produced an especially difficult negotiating ground with seven elected parties, but the influence of oligarchs seems to have been reduced.

No government formation announcement expected Latvia this week

With KPV LV refusing to attend repeated talks with the New Conservative Party on Friday, 12 October, and Attīstībai/Par! party announcing commencement of mutual talks with separate political forces, chances of hearing any news about the next government’s composition this week become zero.

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