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Wednesday 19.06.2019 | Name days: Nils, Viktors

Russian billionaires interested in Latvenergo LNG terminal construction

Good acquaintances of Russia’s Prime Minister Vladimir Putin – businessmen Yuriy Kovalchuk and Gennady Timchenko intend to develop business in Latvia and use it as a base for economic expansion in Europe.

Latvia Prime Minister: four parties should form the Parliament

The Prime Minister of Latvia hopes it will be possible to approve the new government on November 2, although there are complex negotiations among parties due to opposite views, said Valdis Dombrovskis.

MW: employment measure funding should be increased by 17.3 million lats

The necessary funding to carry out active employment measures in the year 2011 should be increased by 17.3 million lats, considers the Ministry of Welfare.

Ober-Haus: Baltic real estate market recovers

Apartment prices in the capital cities of the Baltics testify for the fact the real estate sector has survived the sharp downturn caused by the global economic crisis. After having experienced the lowest level, the prices are currently climbing.

28.39% more new enterprises registered this year

This year, 8 724 new companies were registered in Latvia, which is by 28.39% more than in 2009.

Analysts: European gas market is corrupt

The European gas market is corrupt and is dominated in interests of the major Western forces, points out the analyst at the Center for Strategic and International Studies and former US ambassador to Lithuania Keith Smith.

Rimi not to sell erotic magazines any more

It will no longer be possible to purchase erotic magazines in Rimi stores. Association of Latvian Press Publishers (ALPP) considers the traders' decision censorship.

Russia wants to build a nuclear power plant in Europe

Russian nuclear power industry sees opportunities to profit from reactors building in developing countries, including India, China and Iran. Currently it is trying out prospects of becoming the main nuclear energy supplier in the European Union (EU).

World Bank suggests reducing SRS employees number

The number of employees at the State Revenue Service should be reduced by two-thirds, while the remaining workers remuneration – doubled, such suggestion was made by the World Bank to the Latvian government.

Traders: car market activates

3 078 new cars have been registered in Latvia this year, which is five percent more than during the corresponding period last year.

Most valuable Latvian land cadastral value drops

The cadastral value of several most valuable Latvian real estate decreased significantly last year.

Export in Latvia hits a new record

The growth in export, broken down by year, has hit a new record, but the increase in the external environment is not as favourable as it was at the beginning of the year, believe the economists.

More than a billion worldwide lack food

The number of undernourished people, especially children, has increased over the recent years. More than a billion people worldwide are currently suffering from poor nutrition, according to the latest Global Hunger Index data.