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Tuesday 19.03.2019 | Name days: Jāzeps

De facto: Tukums airport’s owners deny bribing Lithuanian army official

Wing 4 Sky group – the owner of Tukums airport – denies their involvement in an attempt to bribe a Lithuanian army official. The corruption scandal surfaced when Tukums airport was trying to recover its lost reputation and certificate, as reported by LTV programme De facto.

May: Repeated Brexit referendum would break population's trust

British Prime Minister Theresa May, responding to high profile calls in the UK politics to hold a second referendum over the country's withdrawal from the European Union, has evaluated that it would «break faith with the British people».

Number of passengers carried by airBaltic up 18% this year

Latvian airline airBaltic has carried 3,842,952 or 18% more passengers during the first eleven months of 2018 than in the same period last year to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East.

Government scenario without UGF to be discussed first in Latvia

Under prime minister candidate Krišjāņis Kariņš’s leadership, parties in Latvia could first discuss government formation without the Union of Greens and Farmers, according to unofficial information.

Cold weather with periodic snowing to ensure presence of snow in Latvia this week

A precipitation zone will cross Latvia at the beginning of the month, which will bring considerable snowing. With that, the layer of snow in Latvia will increase 4-8 cm.

Week in Lithuania. Prosecutors mull probe into Russia sanction violations

Lithuanian prosecutors announced this week they were mulling launching a pre-trial investigation in to the purchase by around ten companies of fertilizers from Russia's Minudobreniya, which allegedly violates the EU's sanctions against Russia.

Experts: fiscal consolidation is unavoidable next year

The new government will have to perform fiscal consolidation when compiling the state budget for 2019. This opinion was sent to the Saeima and Cabinet of Ministers by the Fiscal Discipline Council in relation to the 13th Saeima’s approval of amendments for the Healthcare Law that provide for a 20% wage increase for doctors starting next.

Estonia raises minimum wage

The minimum monthly wage in Estonia has been approved at the level of 540 euros, which is an increase from 500 euros.

This year e-signature was used to sign more than 5.7 million documents in Latvia

This year, e-signature was used more than half a million times a month in Latvia. A total of 5.7 million documents have been signed using this function in Latvia so far. More than 25,000 now use e-signature function on their smart-phones.

Trump distances himself from crimes committed by his lawyer

Reacting to the conviction of American lawyer Michael Cohen over campaign funding violations, U.S. President Donald Trump has distanced himself from the lawyer and accused him of attempts to embarrass Trump.

Next week in Latvia to start off with snowfall

The end of the week is not expected to have any major weather changes in Latvia, whereas next week will start off with snowfall and gradual decline of air temperature, promises Latvian Environment, Geology and Meteorology Centre.

Court arrests Harmony sponsor and Honour to Serve Riga party member

Riga City Vidzeme District Court issued an arrest to businessman Aleksandrs Krjačeks on Thurday, 13 December. He was previously detained by Corruption Prevention and Combating Bureau in the criminal case regarding procurements organized by SIA Rīgas satiksme, as confirmed by the man’s lawyer Valdis Ulmanis.

airBaltic to perform more flights between Riga and Liepaja

During a visit today in Liepaja CEO of Latvian airline airBaltic Martin Gauss announced that airBaltic will increase the number of domestic flights between Riga and Liepaja from three to five weekly as of summer season 2019.

Court arrests Škoda commercial director; CPCB request arrests for two more people

Latvian court has arrested Škoda commercial director Vladislav Kozak following a request from Corruption Prevention and Combating Bureau in relation to the criminal case regarding procurements performed by Rīgas satiksme.

EY: investments in crypto currency offers have largely failed

86% of 141 initial crypto currency offers presented last year have lost value over the course of the first eight months of this year. Additionally 30% of them have lost nearly all of their value, according to Initial Coin Offerings study by EY.

As income increase, housing becomes more accessible in all Baltic capitals

Housing Accessibility Index improved in all Baltic capitals in Q3 2018. The main factor for this was the growth of average net salaries. Additionally, beneficial economic development also improved households’ interest for housing acquisition, which was reflected both in increased activity on the apartment market and household loan portfolio growth.