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Tuesday 18.09.2018 | Name days: Liesma, Elita, Alita

Guardian: UK records economic policy deficit

The United Kingdom (UK) has been the smaller brother of the United States (US) for years, which US has made use of, currently this is also reflected in the UK economic policy.

Clothing buyers in Latvia overpay 16 times

Clothing prices in Latvia are comparatively high, therefore purchasers often overpay 16 times, said Latvian Light Industry Head Guntis Strazds.

Facing risk of clients leaving, LMT offers special tariff

Another Tele2 «meteorite» of four lats a month has influenced LMT as well: when Latvijas Mobilais Telefons (LMT) clients want to leave the operator, they are offered a copy of Meteorite called Special Tariff 4, which is not actually on sale.

VAT rate likely to be raised next year

The value added tax rate could be raised up to 23-24% next year – such budget deficit reduction variant is currently being actively discussed within the political circles.

50 Latvijas Finieris shareholders interested in stock sale to Sveza

Up till now, already fifty AS Latvijas Finieris shareholders expressed an interest in selling company’s shares to the competitor – Russian plywood manufacturer Sveza, specified the company’s spokesperson Ieva Kukule.

Latvia shows EU record number of future businessmen

Currently one out of 20 economically active population is a future businessman and another - an owner of a new enterprise, which is one of the highest indicators among the European Union (EU) member states.

Month and a half delay in payments for water in Riga

Clients' payments for water supplied by the company Rīgas ūdens delay for a month and a half on average.

Estonia Finance Minister: price growth is not connected with transition to euro

The price increase that has been observed in Estonia during the past few months should not be associated with the transition to the euro, indicates the Estonian Minister of Finance Jürgen Ligi.

Losses from shoplifting in Europe reach 29.3 billion euros

European traders have lost 29.3 billion euros (20.6 billion lats) this year due to shoplifting, which is 3 billion euro (2.1 billion lats) more than last year. The losses of the Baltics comprise 177 million euro (124.4 million lats), which is 29 million euro (20.4 million lats) less than in 2009, according to Centre for Retail Research data.

AFL–FFF/LNNK not included in the new government coalition

The political association Unity Board decided not to include the national association All for Latvia – For Fatherland and Freedom/LNNK. Therefore, two parties will form the coalition – the party Unity and the Green and Farmers Union.

Only 1/3 of Latvian residents know they can choose electricity supplier

Only 35% of inhabitants of Latvia have heard there is free electricity market in Latvia, namely, companies and people of Latvia can choose the electricity supplier, according to Market and social research center Latvijas Fakti conducted poll.

PR officer Liepnieks: Lembergs can stop Dombrovskis government in a night's time

Ventspils Mayor Aivars Lembergs is capable of stopping Latvian Prime Minister's Valdis Dombrovskis government in a night's time, public relations officer Jurgis Liepnieks (Jurģis Liepnieks) said in an interview to the newspaper Diena, adding Lembergs has become more influential than ever, when compared to other two oligarchs Andris Skele (Andris Šķēle) and Ainars Slesers (Ainārs Šlesers).