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Monday 14.10.2019 | Name days: Minna, Vilhelmīne

Latvian city trio could retain special status after reform, minister says

As the massive Latvian administrative reform is to be discussed in government, its advocate, the Regional Development Minister, has suggested Liepāja, Rēzekne and Daugavpils could retain their special status thus increasing the number of prospective municipalities to 39.

Latvian budget to receive 20 million euros ruled to be criminally acquired

The Riga Regional Court has ruled that arrested 29 million euros have been acquired illegally and that they have to be transferred from a bank to the Latvian state budget, announced the Latvian Office of the Prosecutor General.

Programme: Audit of Rīgas karte reveals inflated costs, link to city officials

In Riga public transport, electronic ticketing systems depend on two large service providers, controlled by a businessman linked to the employee of Rīgas karte firm, according to it audit seen by LTV programme De Facto.

Latvian government debt expected to reach 11.65 billion euros in 2020

Latvian government debt could in the end of 2020 reach 11.65 billion euros, the Finance Ministry estimated in a report on government debt trends for 2019 to 2022.

Latvia’s 2020 budget revenue predicted at 9.89 billion, expenditures – at 10 billion

On Friday, 11 October, Latvia’s Cabinet of Ministers supported at an extraordinary meeting the country’s 2020 state budget, the consolidated revenue of which is estimated at EUR 9.89 billion, whereas expenditures – at EUR 10 billion.

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.

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.

Unemployment level in Latvia down to 5.7%

At the end of September the level of registered unemployment level was 5.7% of Latvia’s economically active population, which is 0.2 percentage points less than a month prior, as reported by State Employment Agency.

Packaging deposit system could be adopted in Latvia in February 2022

On Tuesday, 8 October, Saeima’s National Economy Committee supported for the third reading amendments to the Packaging Law, which provide for the adoption of a deposit system in Latvia on 1 February 2022.

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.

Industrial production output up 7.3% in a year

In February this year the industrial production output in actual prices reached 419.9 million lats.