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Wednesday 17.10.2018 | Name days: Karīna, Gaits

China’s economy grew 10% last year

Last year, China’s gross domestic product growth formed about 10%; yet, economic overheating may become one of the key risks in 2011, announced Zhou Xiaochuan, the senior economist at Central Bank Statistical Bureau.

Guarantors to pay instead of debtors

The crisis has not only reduced the real estate prices and boosted unemployment, but also prompted guarantors to the revelation that they have to pay for others’ debts.

Kristovskis: Live Riga lacks transparency

Riga promotion project Live Riga should have been carried out in a more transparent manner, however it has not left any negative impact, the Minister of Foreign Affairs Ģirts Valdis Kristovskis says.

55% of people with high income forecast housing price gains

The mood of Latvians regarding housing prices depends on their level of income - price gains are expected by 55% people with high income and 38% with low income.

SIA ZetCOM plans initiating proceedings against Bite Latvija

In line with SIA Bite Latvija publicly-released statements, which falsely and unjustifiably indicate that the data used in ZetCOM advertising campaign are allegedly inaccurate, SIA ZetCOM has asked lawyers to start work on the prosecution initiation, requiring to withdraw the slanderous information.

Germany blames Barroso for complicating eurozone crisis

European Commission president Jose Manuel Barroso is making the eurozone financial crisis even more complicated by proposing to boost the eurozone rescue fund, says the German Finance Minister Wolfgang Schaeuble.

Fitch cuts Greece credit rating

The international credit rating agency Fitch has downgraded Greece long-term credit rating from BBB- to BB+, highlighting the EU member state's inability to tackle the severe financial crisis.

Number of credidors likely to shrink due to licences

Possibly, the European Commission’s announcement on the initiation of infringement procedure has urged Latvia to more strictly monitor non-banking creditors.

Former Moscow mayor Luzhkov wants residence permit to live in Latvia

Former Moscow mayor Yuriy Luzhkov wants to move to Latvia, as he has already asked the Latvian embassy in Russia to grant him a residence permit.

On the brink of global food crisis

The US government's cuts in stock forecasts for crops have boosted corn and soybean prices to 30 months high.

Who would be the best choice for the next prime minister of Latvia?

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