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Wednesday 17.10.2018 | Name days: Karīna, Gaits

Daudze: international lenders’ requirements should be assessed

We should assess the requirements of international lenders and try to convince them that what we have achieved is at the limit of our country’s capacity, considers the Chairman of Saeima National Security Committee Gundars Daudze.

Rigas Piensaimnieks dairy investors get nothing for selling 80% shares

Last month the Estonian investors holding 80% shares in Rigas Piensaimnieks dairy sold them to US investment firm Darby Overseas Investments in turn receiving nothing as the company simply overtook the shares.

Russian businessman Kovtun obtains airBaltic shareholder BAS shares

The Russian entrepreneur Stanislav Kovtun has acquired the Latvian national airline airBaltic shareholder SIA Baltic Aviation Systems shares.

Standard & Poor's raises China and Hong Kong’s credit rating

The rating agency Standard & Poor’s has raised China’s credit rating from A+ to AA- with a stable outlook.

Benefits for food product purchase to be granted soon

Starting from December 20, Riga Social Service will start granting a single allowance for food product purchase to individuals who have declared their basic place of residence within Riga administrative territory, not less than twelve months before the application for the benefit.

Moody’s cuts Ireland’s credit rating

The international rating agency Moody’s has lowered Ireland’s credit rating by five levels, noting that a further reduction is possible since the Irish government still struggles to prevent losses in the state banking system.

Millionaires to be brought to court in Lembergs’ lawsuit by force

Millionaires Jūlijs Krūmiņš and Jānis Blažēvičš, who have to testify in the so-called Lembergs’ lawsuit, will be brought to it by force, the Court Chairman Boriss Geimans informs about the judicial panel’s decision.

Investor: Latvia benefited from the crisis

Crisis has turned Latvia into an attractive destination for investment, believes London & Regional Properties Head Thomas Lindeborg.

Snow «consumes» Latvia local authorities budgets

The white winter has already claimed huge funds of Riga City Council budget, where almost all the allotted money (1.9 million lats) for removing snow has already been spent. The business portal BNN found out the same problems are looming also in other local governments of Latvia.

Changes in airBaltic shareholders structure

The 47.2% shareholder of the Latvian national airline airBaltic SIA Baltic Aviation Systems (BAS) has changed hands, according to the Land Register servicing company Lursoft information.

Judges, prosecutors and parliamentarians included into single-salary system

Today, December 16, the Saeima adopted amendments to four laws in the second final reading, providing that judges, prosecutors and parliamentarians are included into the single-salary system, the business portal BNN was informed by the Saeima.

Ventspils City Council opposition blames Latvijai un Ventspilij for SIA Ventspils siltums embezzlement

Ventspils City Council opposition members have expressed their concern the embezzlement in SIA Ventspils siltums is a consequence of the political party Latvijai un Ventspilij intentionally developed system.

Lithuania export and import growth - 43.5% and 37.6%

In a year's time since October 2009 and October 2010, Lithuania export and import have increased by 43.5% and 37.6%. Similarly in the period of January and October this year, export and import have surged 30.2% and 29.9%.

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