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Wednesday 26.06.2019 | Name days: Inguna, Inguns, Ausma, Ausmis

Vegetable price to increase due to small harvest

At the present moment, about a half of vegetable crops has been harvested in Latvia, they have grown well and their quality is also good. However, as the vegetable harvest this year will be smaller, the prices will slightly increase in winter.

Central Bank: eurozone problem - wish for easy money

The main problem of the eurozone is not its huge debts, yet the desperate want of the national governments to obtain easy money, considers the President of the European Central Bank (ECB), Jean-Claude Trichet.

Luzhkov's possible resignation worries investors

Rumour that Yury Luzhkov could resign from Mayor of Moscow position have made the Bank of Moscow investors more cautious.

SRS calculates 88.5 million lats in taxes and fines

In the first eight months of this year the State Revenue Service (SRS) Tax Control Department has conducted 1088 tax audits, ordering to pay 88.5 million lats.

Ozols refuses to arrange EXPO matters and organize Latvia pavilion auction

The Minister for Economics Atis Kampars on Tuesday September 14 issued an order requiring that the Ministry of Economy (ME)takes over from Latvian Investment and Development Agency (LIDA) the matters related to Latvia participation in the international exhibition World EXPO 2010.

Lithuania energy independence to cost 6 – 8 billion lats

The Lithuania’s self-sufficiency in the field of energy resources might cost 30 – 40 billion lits (6.12 – 8.16 billion lats), and all the required actions to ensure it must be carried out by 2020, indicates the Lithuania’s Minister of Energy Arvydas Semokas.

Price of goods in Latvia - exceeds actual cost 10-15 times

Latvian residents buy clothes, bed linen and footwear at prices that exceeds the actual cost of a finished products ten to fifteen times.

Bad service in Latvian Banks

MI budget cut of 17 million lats planned

Ministry of the Interior (IM) might experience another cut of finances in amount of 17 million lats. Specialists indicate that if it happens, the safety level of the country might be questioned.

Kalnmeiers: I cannot pander to everyone

«I cannot pander to everyone,» the Prosecutor-General Eriks Kalnmeiers (Ēriks Kalnmeiers) expressed today, September 15th, when commenting the carried decision on the necessity of «inventory» in the case of Ventspils’ enterprises as «a remuneration for the prosecutor general post».

First class roads to be improved for saved 33.6 million lats

The Ministry of Traffic plans to make improvements in several state first class roads with the help of European Regional Development Fund (ERDF) financing and money that has been saved up from the first round 33.6 million lats.

EU volume of output stabilizes

According to seasonally adjusted data, the scale of production, compared to the indicators of June and July 2010, has stabilised in eurozone, as well as in all 27 European Union (EU) member countries, shows the Eurostat data.

Subsistence level in August –166.42 lats

According to the Central Statistical Bureau (CSB) data, in August the subsistence level has decreased by 1.28 lats, reaching 166.42 lats.

Debt recovery service charge - not more than 12 lats

Debt collectors are not allowed to visit people at the weekends and in week days after 9 PM. The government has supported the new law, which governs the extrajudicial debt recovery. The Ministry of Economy intends with the help of the new law to tackle aggressive debt collection. The law still has to be revised in the Saeima.

Latvia to assist Haiti with 250 temporary houses

Latvia will participate in the renovation of earthquake-stricken Haiti by sending to this Caribbean country 250 temporary dwelling units.

Cash-in-hand realized through brokers' commissions

It is possible that in the past and currently through the part of insurance brokers who act as intermediaries between buyers of insurance services and insurance companies, brokers might have realized cash-in-hand. Such schemes, where a broker receives a premium from the insurer, who has won the tender.

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