bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Ceturtdiena 09.04.2020 | Name days: Valērija, Žubīte
LatviaLatvia

Saeima approves new vice-governor and council member to Bank of Latvia

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Māris Kālis, Zita Zariņa, Bank of Latvia, Mārtiņš Kazāks, changes, Saeima, approval, candidates

Māris Kālis and Zita Zariņa

On Thursday, 5 March, the Saeima approved Māris Kālis as vice-governor of the Bank of Latvia and Zita Zariņa as the bank’s council member, as confirmed by the parliament’s press-service.

Bank of Latvia governor Mārtiņš Kazāks was the one who picked the candidate for the post of vice-governor of the bank, because 12 March marks the end of term for the incumbent vice-governor Zoja Razmusa. The post of the bank’s council member has been vacant since December 2019.

62 Saeima deputies voted for Kālis. The New Conservative Party voted against him. Zariņa received support from all parties represented in the Saeima, receiving 89 votes.

Previously Kālis was the acting governor of the Bank of Latvia, as well as a member of Latvian Sworn Auditors Association. He graduated from the University of Latvia with Master’s degree in Economics.

Zariņa’s previous work experience includes the posting of a council member of the State Audit, director of the Audit and Methodology Department. She has also worked at the Central Finance and Contracting Agency. She graduated from the University of Latvia with Master’s degree in European studies and a Bachelor’s degree in Economics. She also graduated from Stockholm School of Economics in Riga with a Bachelor’s degree in Economics and Business Administration.

Bank of Latvia governor Mārtiņš Kazāks had previously said Zariņa is a State Audit council member for a second term, which means she has «excellent experience working in the public sector, a spotless reputation, as well as necessary experience’. According to him, this is very important because one of the objectives is securing same level bank monitoring. Kālis, on the other hand, has worked at the Bank of Latvia since the end of the 90s. ‘I believe there is no better person in the Bank of Latvia who can bring the board’s awareness and power to the council, introducing same level monitoring,» said Kazāks, stressing that both have similar views on how the central bank should be managed.

«Both of them have good team skills to implement initiatives in relation to more effective management, resource use, wider involvement in Latvia’s economy and international cooperation,» said Kazāks.

The Law on the Bank of Latvia states that vice-governor and council members are approved by the Saeima following proposal from the bank’s governor. The term of both these bank officials is five years. One and the same person cannot take the same post more than two times in a row.


Leave a reply

Riga’s administrators reserve EUR 13.87 million to battle COVID-19

During the approval of the city’s 2020 budget, Riga’s interim administrators decided to increase Riga’s reserve fund’s volume to EUR 13.87 million.

US presidential election set to be battle between Biden and Trump

In the US, Senator Bernie Sanders has left the fight for the presidential candidate nomination from the Democratic Party. He has left ex-Vice President Joe Biden the only contender for the nomination and the rival to President Donald Trump in the 2020 US presidential election, American news agency AP reports.

EUR 45.5 million to be diverted for support of agriculture in Latvia

To reduce the COVID-19 crisis in agriculture sector Latvia’s government will divert EUR 45.5 million, as agreed by Finance Minister Jānis Reirs’ work group for support of entrepreneurship and employed people on Wednesday, 8 April.

Global number of COVID-19 cases surpasses 1.5 million

Globally, the number of the confirmed infection cases of the novel coronavirus has exceeded 1,5 million, while a total of 329 thousand people are believed to have recovered. US is still the worst affected nation by the number of infections, German public broadcaster DW and American John Hopkins University report.

Reminder: no visits during Easter holiday

The holiday is near and people want to know if they can meet relatives and friends. Latvian Healthcare Ministry reminds – the virus has no holidays. Any private events involving people who do not live together are prohibited.

Court of first instance rejects Ušakovs’ appeal on dismissal as mayor of Riga

On Wednesday, 8 April, the Administrative District Court rejected Harmony politician Nils Ušakovs’ applications in which he appealed the order issued by Environment Protection and Regional Development Minister Juris Pūce on his dismissal from the post of mayor of Riga, as reported by the court.

Latest on COVID-19 in Baltics. 577 in Latvia, 912 in Lithuania, 1 185 in Estonia

The number of COVID-19 infection cases in Latvia has reached 577, increasing by 29 cases in the past day. Lithuanian media, meanwhile, report 912 confirmed infection cases. Public data in Estonia reports 1 185 infection cases in this Baltic State.

Inflation in Republic of Latvia reportedly at 1.4% in March

Compared to March 2019, the average level of consumer prices rose by 1.4 % in March 2020. Prices of goods have increased by 0.9 % and prices of services by 2.7 %.

Lithuania’s BC chief: «Latvia’s COVID-19 support for business has been swifter»

It is official: Lithuania is extending lockdown until April 27 to combat the coronavirus pandemic which death toll in the country stood at 15 as of Wednesday noon. As many as 912 persons were diagnosed with COVID-19 by then.

Lithuania on path to allow price regulation in government

In Lithuania, the majority of legislators in the Seimas, have backed draft amendments that set forth allowing the government to regulate the prices of essential goods during this time of quarantine, Lithuanian public broadcaster LRT reports.

BNN EXPLAINS | Envelope wages – one of the main reasons why idleness benefits may be denied

People need certainty – if they honestly pay taxes, they should be able to receive support from the state in the event of a crisis, since they have taken care of the state all this time by paying taxes, BNN was told in a phone conversation by chairman of LBAS Egils Baldzēns.

Criminal process launched against Aivars Lembergs for defamation

On 7 April 2020 State Police Kurzeme RP Saldus Department’s Criminal Police Office commenced a criminal process against Aivars Lembergs for untrue statements and claims he has used on multiple occasions during meetings of Ventspils City Council and Finance Committee against city council deputy Ģirts Valdis Kristovskis, as BNN was told by Kristovskis.

Latvia’s Prime Minister: we are financially well-situated in this crisis

We are financially well-situated in this crisis, said Latvia’s Prime Minister Krišjānis Kariņš in an interview to LTV programme Rīta panorama.

Latvian government supports dismissal of State Land Service’s director general

Latvia’s Cabinet of Ministers has supported Justice Ministry’s prepared decision project that details the dismissal of the State Land Service director general Solvitai Zvidriņa from her post, as confirmed by Justice Ministry.

China lifts lockdown in Wuhan

In the Chinese city of Wuhan, where the global pandemic of COVID-19 began, a lockdown has been lifted for the first time since January, British news portal The Guardian reports.

Support in Latvia for COVID-19 crisis prevention reaches four billion euros

The volume of support available in Latvia to finance preventive measures to overcome COVID-19 crisis has reached four billion euros, as reported by Latvian Finance Minister Jānis Reirs on Tuesday, 7 April.

Another month stuck home. Latvian government extends state of emergency

The state of emergency declared in Latvia because of COVID-19 pandemic has been extended until 12 May, as confirmed by Foreign Affairs Minister Edgars Rinkēvičs on social media on 7 April.

75 reports on competition distortions reported to Competition Council in 2019

Last year, the Competition Council received a total of 75 reports related to competition distortions caused by public persons, according to information listed in the latest public account for the institution’s more significant accomplishments in 2019 and developments in competition rights enforcement in Latvia.

Australia quashes child abuse convictions against cardinal Pell

A court in Australia has overturned child sex abuse convictions against cardinal George Pell after he was found guilty and received a prison term, British news portal The Guardian reports.

Education and Science Ministry considers not cancelling centralized exams

Latvia’s Education and Science Ministry considers the option to not cancel centralized exams, especially for 12th graders, as reported on Tuesday, 7 April, by Education Minister Ilga Šuplinska during a meeting with Saeima’s Education, Culture and Science Committee.

Estonian government in two minds on cutting public spending to help economy

Should public spending be cut to help restore the economy? Two of the three parties in the Estonian government have opposing views on this as economic recovery is increasingly discussed, Estonian public broadcaster ERR reports.

Riga International Airport plans to lay off 500 employees

Because of consequences caused by COVID-19, Riga International Airport plans to lay off 500 employees, as BNN was informed by the company.

Poland planning to hold presidential election as postal ballot

The Polish presidential election in May should be held as a postal ballot, the country’s legislators have decided. Opponents of the idea argue that this means putting public health at risk, British-Canadian news agency Reuters reports.

COVID-19 update in Baltics. 548 infected in Latvia, 880 in Lithuania, 1 149 in Estonia

The total number of confirmed coronavirus COVID-19 infection cases in Latvia has reached 548, increasing by six in the past day.

Latvian president urges not to sort idleness benefit recipients based on tax debts

When assessing whether or not a company meets requirements for idleness benefit eligibility, Latvia’s President Egils Levits urges the government to not sort them based on tax debts.


Do NOT follow this link or you will be banned from the site!