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Saturday 20.10.2018 | Name days: Leonīda, Leonīds

Coalition considers Bank of Latvia spending cuts

Along with different state budget consolidation measures, the coalition has also discussed options of reducing the Bank of Latvia (BL) administrative expenditures, including the option of embodying the salaries of the Bank's employees into the single-salary system.

Pilsetniece resigns from Notaries Council Chairperson post

The Latvian Sworn Notaries Council has approved the resignation of its former Chairperson Ilze Pilsetniece, the LSNC Managing Director Vija Pizica informed the business portal BNN.

Subsistence level in Latvia rises by 2.03 lats

This year October, compared to September, the subsistence level has increased by 2.03 lats and forms 169.41 lats, indicates the Central Statistical Bureau information.

Privatization Agency to keep managing state shares at Parex bank and Citadele

In order to successfully carry out the European Comission's approved state support restructuring plan in the joint stock companies Citadele and Parex Bank, the Cabinet of Ministers has amended the statutes of Latvian Privatization Agency (LPA) by increasing its stock capital by five million lats.

Most active projects writers - in Riga, Cēsis and Jelgava

Residents of Riga, Cēsis and Jelgava are the most active projects writers in Latvia, according to Labie Darbi (Good Work Project) half year reports.

Majority of Estonians – against joining the eurozone

Majority of the Estonian population does not support the introduction of the euro, shows the social and marketing research company Saar Poll data.

Increasing TV advertising volume

This year October, compared to the same period last year, the advertising volume on television has increased by 15%, indicates TNS Latvia data.

The record big money launderer connected to CPB high-ranking official

Iveta Bora, the business partner of entrepreneur from Liepaja Artis Hartmanis, who is currently suspected of alleged four-year long money laundering turning approximately 140 million lats, is the wife of the leading Constitutional Protection Bureau counterintelligence employee Aigars Bors.

Foreigners do not covet Jurmala City land

Jurmala City land market has not witnessed any significant changes during the year, although foreigners are willing to purchase apartments in new projects buildings, they do not covet land.

Global mobile phones sales increase by 35% in 2010

During the third quarter of 2010, 417 million mobile phones have been sold throughout the world – 35% more than during the third quarter last year, indicates the technology analyst company Gartner data.

Estonian Public Prosecutor searches Rimi offices on suspicion of conspiracy

Estonian competition authorities have searched Rimi offices on suspicion of cartel agreements aiming to increase dairy prices.

Heating season start reduces energy «spot» price

Despite the last two months electric energy price climb in the Baltics region, October reported slight price drop, propelled by the growing electric energy demand connected with the heating season start and output growth in cogeneration plants, the business portal BNN was informed by the electric energy trader SIA Enefit spokesman.

Estonia’s economy grows by 4.7%

During the third quarter of 2010, the Estonian economy has increased by 4.7%, indicates the Estonian Statistical Bureau data.

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