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Monday 14.10.2019 | Name days: Minna, Vilhelmīne

Danske Estonia had quantity of non-resident transactions as only criterion, suspect banker says

In non-resident operations of Danske Bank’s scandalous Estonian branch, the only criterion in the investigated period was their number due to profitability, according to former worker Mihhail Murnikov’s interview with Bloomberg.

Nekā personīga: Strods may have leaked information about LVC tenders

The ex-board member of road maintenance company Latvijas Valsts ceļi Edgars Strods was detained for possible leaking of information about LVC tenders to Armands Garkāns’ companies, as reported by public broadcaster TV3 programme Nekā personīga.

Security service finds possible violations found with unsent notifications for EP elections

Latvia’s State Security Service has found possible violations in relation to unsent or lost letters with information as to which election sites Latvian residents should use to participate in European Parliament elections.

Central Market’s rent contract signed during Ušakovs’s reign may have cost Riga millions

Ex-Mayor of Riga Nils Ušakovs’ signed contract for the rent of Riga Central Market may have cost the municipality more than nine million euros, as reported by TV3 programme Nekā personīga.

Kosovo election marks significant change of power division

The snap election in the young Balkan nation of Kosovo has been won by two opposition parties, seeking to oust country’s largest and dominating party from power. PDK, who have been the largest party in each of Kosovo’s last four governments, came third.

Latvia may agree to postpone Brexit

Latvia may support postponing Brexit if it means preventing a no-deal exit, said press-secretary Mārtiņš Drēģers on behalf of Latvian Foreign Affairs Minister Edgars Rinkēvičs.

Swedbank: Estonian branch needs to investigate money laundering scandal

Chairman of Swedish Swedbank council Göran Persson stressed during his visit to Estonia that the bank needs to determine the reasons behind problems so that it is possible to leave the scandal with money laundering and the stain on the bank’s reputation in the past.

Latvian and Lithuanian presidents hope to ratify maritime border treaty

After meeting in Vilnius on 3 October, Lithuanian President Gitanas Nausėda and Latvian President Egils Levits announced the shared desire to speed up talks on the two countries’ maritime border treaty so that it is possible to approve it in the next four years.

Latvia and Belarus to cooperate in protection of consumer rights

Latvian Economy Ministry’s state secretary Ēriks Eglītis and Republic of Belarus Anti-Monopoly Regulation and Trade Minister’s deputy Andrey Kartun have signed a memorandum on cooperation in protection of consumers’ rights, market supervision and competition policy, as reported by the ministry.

Prime Minister: there is no time for an open selection of a new governor for Bank of Latvia

Currently there is no list of candidate for the post of governor of the Bank of Latvia, and this is concerning, said Latvia’s Prime Minister Krišjānis Kariņš in Delfi TV interview with Jānis Domburs.

Latvia’s industrial production output up 2% in August

Compared to August 2018, industrial production output1 increased by 2 % in August 2019 according to calendar adjusted data at constant prices.

Politicians Ušakovs and Rubiks removed from the board of Harmony Centre

European Parliament member Nils Ušakovs and politician Alfrēds Rubiks have been excluded from Harmony Centre’s board, according to an official entry in the Latvian Herald.

Faction quotas – the new deputy quotas? Latvian coalition discusses giving money

The ruling coalition in Latvia has discussed the option to allocate one million euros for so-called faction quotas. However, no agreement has been reached so far, as reported by public broadcaster LTV programme Panorāma.

Jurmala’s mayor in hot water again as investigation of possible illegal financing of ZZS reopens

Latvian authorities have restarted criminal prosecution of Jurmala Mayor Gatis Truksnis for possible illegal financing of the Union of Greens and Farmers (ZZS).