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Monday 19.08.2019 | Name days: Melānija, Imanta

Latvia’s foreign trade turnover declines 10.3% in June

In June 2019 foreign trade turnover of Latvia amounted to EUR 2.19 billion at current prices constituting 10.3 % less than a year before, of which exports value of goods fell by 8.2 % and imports value of goods by 11.9 %.

Ultimatum. Harmony will support Burovs if party is given both vice-mayor seats

Harmony’s Riga City Council faction will support Honour to Serve Riga mayoral candidate Oļegs Burovs if the party is given both vice-mayor seats, said Harmony’s leader Nils Ušakovs after the faction’s meeting on Friday, 9 August.

Vilnius synagogue open again after threats and protest

Amid a row in Vilnius over the memory Lithuanian freedom fighters, yet Holocaust-time officials deserve, the Jewish community of Lithuania has reopened its synagogue. It was closed earlier this week, after the community reported threats.

Navalny’s Russia anti-corruption organisation sees its accounts frozen

A court in Russia has frozen the bank accounts of an anti-corruption group that leading opposition figure Alexei Navalny established to expose the riches of senior government officials.

Constitution Protection Bureau concludes evaluation of Saeima deputies

The Constitution Protection Bureau has finished its evaluation of 13th Saeima deputies on possible issue of permits to access official secrets. However, SAB will not disclose which deputies aside from Aldis Gobzems have not been issued permits.

Defence Ministry: Russia’s military exercise plays out encirclement of Baltic Sea

Russia’s military exercises play out the encirclement of the Baltic Sea. Nevertheless, Latvia’s army remains on alert, as reported by Defence Ministry.

Finance sector’s representatives participate in crisis scenario exercise

Representatives of Latvia’s finance sector are taking part in an exercise organized by Defence Ministry to simulate a crisis situation. The exercise is meant to check the sector’s readiness to work in a potential state of emergency, the ministry confirms.

Bye bye, Barclays! What (if anything) went wrong?

You know how it is: companies come and go, but the exiting of Britain’s Barclays from Vilnius is bitter both to the Lithuanian capital and the entire Lithuanian business community. Opened in 2010, in the midst of 2008 economic downturn, it had over 1 100 employees.

July’s inflation in Latvia reported at 2.9%

Compared to July 2018, the average level of consumer prices rose by 2.9 % in July 2019. Prices of goods have increased by 2.9 % and prices of services by 2.8 %. Compared to 2015, consumer prices have risen by 8.7 %. Prices of goods have increased by 7.0 % and prices of services by 13.0 % in July 2019.

Cross-border trade between Latvia and Estonia declines

Estonia’s Finance Minister Martin Helme has announced that excise tax revenue from the first month after the rate’s reduction has increased 40% when compared to July 2018, whereas cross-border trade with Latvia has reduced.

Disorderly Brexit expected to bring food shortages to UK, manufacturers say

Britain leaving the European Union without a deal is expected to bring supply disruption that would continue for weeks or months, according to the United Kingdom’s food manufacturers.

Minister orders evaluation behaviour of police during fight in Krāslava

Latvia’s Interior Affairs Minister Sandis Ģirģens has ordered State Police chief Ints Ķuzis and Internal Security Bureau chief Valters Mūrnieks to evaluate behaviour of police officers in relation to the fight in Krāslava after which a person died.

Latvian State Border Guard apprehends 22 perpetrators

On Wednesday, 7 August, Latvian State Border Guard apprehended a total of 22 perpetrators on the country’s external borders and interior territories.

Publishers want 5% VAT for books; ministry’s estimates are exaggerated

Reduction of VAT on books to 5% will leave only a slight impact on the state budget, but at the same time it will help stabilize the industry, said Latvian Publishers Association board chairperson Renāte Punka in an interview to Latvijas Radio on Thursday, 8 August.

Bank analysts predict July’s consumer prices in Latvia to drop 0.7-0.8%

Consumer prices in Latvia had declined 0.7-0.8% in July when compared to June, which means the country’s inflation has been around 3-3.1%, bank analysts predict.