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Monday 14.10.2019 | Name days: Minna, Vilhelmīne

Prime Minister: the country has no additional resources for teachers’ wages

At the moment, Latvia’s state budget does not have resources for teachers’ wages, said Prime Minister Krišjānis Kariņš in an interview to Latvijas Radio on Thursday, 10 October.

Value of Latvia’s exported goods drops 2.1% in August

In August 2019 the foreign trade turnover of Latvia amounted to EUR 2.37 billion, which at current prices was 9.5 % less than in August 2017, of which the exports value of goods was 2.1 % lower, but imports value of goods – 15.1 % lower.

Expert: tax reform has caused a loss of approximately 1% of GDP in revenue

The result of the tax reform implemented two years ago has caused a loss in tax revenue of 1% of GDP, as journalists were told by Fiscal Discipline Council member Inna Šteinbuka on Thursday, 10 October.

135 000 doses of flu vaccines to be delivered to Latvia this week

A total of 135 000 flu vaccine doses will be delivered to Latvia this year. This is 45% more than the amount of does administered in Latvia in 2018, as reported by State Agency of Medicines representative Dita Okmane.

MPC case: no state official in Latvia made a suspect yet

Not a single state official has been made a suspect yet in the criminal cases involving fraud with mandatory procurement component permits and power plants, as confirmed by Latvian State Police press-representative Gita Gžibovska.

Liepaja Prison’s construction may be performed as public and private partnership

Latvia’s Justice Minister Jānis Bordāns allows for the possibility of constructing Liepaja Prison using a public and private partnership model, as confirmed by the city council after meeting with Liepaja Prison Administration and the minister.

Swedbank: 44% of parents would entrust their family budget’s planning to their child

As an experiment, 44% of adults with children aged 11 to 19 would be prepared to entrust their family’s budget planning to their child. At the same time, some of them are not confident about their child’s ability to plan finances, according to Swedbank’s Private Finances Institute’s study.

Saeima committee conceptually supports creation of a single regional gas market

Latvian Saeima’s National Economy Committee conceptually supported amendments to the Energy Law intended to prevent obstacles for the creation of a regional natural gas market.

NEPLP head admits mistakes in work with LTV and Latvijas Radio

Chairwoman of Latvia’s National Electronic Mass Media Council Dace Ķezbere admits having made mistakes in her work with Latvian Television and Latvijas Radio management.

Ex-Daugavpils mayor detained over suspicion of bribery and money laundering

On Wednesday, 9 October, Latvia’s Corruption Prevention and Combating Bureau detained ex-mayor of Daugavpils Rihards Eigims over suspicions of bribery and money laundering, according to information from LETA.

Latvia 41st in World Economic Forum’s Global Competitiveness Index

In the World Economic Forum’s Global Competitiveness Index Latvia has climbed to 41st place, still remaining behind Lithuania and Estonia, according to the latest published study.

Estonia agrees to deepen cooperation with U.S. focusing on security

Estonian and American top diplomats have agreed to enhance cooperation between the two allied countries in a joint statement signed in Washington. the NATO member countries reaffirmed their commitment to NATO's collective defence

Latvian government fears losing EU financing for e-health system

Latvia’s Finance Ministry is worried about potentially losing the funding provided by the European Union for the country’s Single healthcare Industry’s Electronic System.