International Internet Magazine. Baltic States news & analytics
Thursday, 23.09.2021, 17:04
The government decided that starting from Friday, October 30, there will be new restrictions on gathering of people in Latvia, informs LETA.
Keyword tags: Covid-19, EU – Baltic States, Financial Services, Funds, Latvia, Legislation
The government has decided to increase Covid-19 testing capacity by 60% and extend remote learning for pupils of grades 7-12, said Prime Minister Krisjanis Karins (New Unity) in a press conference after the government and Crisis Management Council meeting today, cites LETA.
Data of the Central Statistical Bureau (CSB) show that, compared to August, in September 2020 the level of construction costs in Latvia reduced by 0.5%. Prices of building materials decreased by 0.7%, labour remuneration of workers – by 0.5%, but maintenance and operational costs of machinery and equipment remained the same.
The state-owned energy group Eesti Energia is launching a virtual power plant which makes large electrical devices generate revenue to Eesti Energia customers by reducing power costs and increasing the amount of renewable energy on the market, informs LETA/BNS.
The labor market review soon to be published by the Bank of Estonia finds that after a steep drop in employment and a sharp rise in unemployment in the second quarter of 2020, the labor market remained stable during the summer, according to Bank of Estonia economist Orsolya Soosaar, cites LETA/BNS.
Vilnius-based Vinted, Europe's biggest second-hand fashion platform, has taken over United Wardrobe, a Dutch competitor, writes LETA/BNS.
Estonia's Alexela Varahalduse AS, part of the Alexela Grupp, and the state-owned credit institution Kredex have signed a 37-million-euro loan agreement, which among other things will enable for the company to preserve over 500 jobs in its chemical company Kivioli Keemiatoostus, informs LETA/BNS.