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Tuesday 21.08.2018 | Name days: Linda, Janīna

Real estate market activity not to drop

In January 2011 the serial apartment prices in Riga remained at the level of the previous months and are considered to be stable. The first month of 2011 reported a rise in the number of people willing to sell their flats due to high public utilities bills or debts and purchase a flat with smaller living space instead, indicates Latio's housing market report.

E-mail users warned to beware

The Communications Regulatory Authority of Lithuania is warning about e-mails comprising suspicious advertisements.

Key political risks in Latvia – exchange rate and outstanding payments

According to Aon's Global Risk Map for 2011, Latvia is placed at the medium risk level group, while the neighbouring countries – Estonia and Lithuania – at low-risk zone, the business news portal BNN was informed by the leading insurance broker company in the world and the Baltic States – Aon.

Organizations plan basic salary increase

Entrepreneurs expect wage rise along with higher performance rate achievement by employees, reveals the labour market outlook survey by Fontes.

Business to need hard-working immigrants

By the year 2060 Latvia will have the fastest drop in the number of inhabitants in Europe, according to the European Union (EU) statistics office Eurostat forecasts. While the Latvian economists argue the shortage in labour market will take place already in six to seven years

Criticism on the new Latvenergo tariff project

The Public Utilities Commission is criticizing AS Latvenergo submitted tariff project, providing related users are applied differentiated tariff, as not complying with legal acts. The Ministries of Welfare and Environmental Protection and Regional Development are also objecting to the new tariff.

State securities worth two million lats to be auctioned

Today, February 3, the state long-term fixed-rate bond auction will take place, where securities at the extent of two million lats will be issued.

Macro-economic indicators index grows by 5.3%

The macro-economic indicators composite index has surged 5.3% in December 2010, compared to the corresponding period of the previous year.

Latvia reported the lowest producer price surge in EU last December

Compared to the previous month, in December 2010 producer price gains in Latvia formed 0.1%, which is the smallest increase among the European Union (EU) member states, indicates the EU Central Statistical Office Eurostat data.

Latvia hits flu epidemic threshold

Latvian average incidence of influenza or flu exceeded epidemic levels in the fourth week of January, according to the Infectology Center of Latvia.

IMF: Belarus has tackled the crisis

Belarus has completely exited the global economic crisis, points out Chris Jarvis, the Head of the International Monetary Fund Mission in Belarus, after the meeting with the Belarusian Prime Minister Mikhail Myasnikovich.

Danske Bank: Latvia’s GDP to grow 2.9% this year, next year – 3.1%

Latvia’s gross domestic product indicators could grow 2.9% in 2011, while in 2012 – 3.1%, indicates Danske Bank’s Baltic macroeconomic outlook.

Estonian-Russian border line-ups to drop by half

Trucks line-ups at Torfjanovka, Brusnichnoe, Svjatogorska and Ivangorod are planned to drop by half, according to the Russian North-West Customs Office.

SAF Tehnika turnover spikes 44%

The company SAF Tehnika second quarter unaudited net turnover of the fiscal year 2010/11 totalled 2.97 million lats – 44% more than in the second quarter of the previous FY.

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