International Internet Magazine. Baltic States news & analytics
Sunday, 19.05.2013, 03:30
In the first seven months of 2012, the Freeport of Riga handled 21.96 million tons of cargo, which is 9.6% more than in the corresponding period last year, the port informed Nozare.lv.
Keyword tags: Good for Business, Latvia, Port, Transport
In the second quarter of 2012, Latvia's economy displayed the fastest growth across the European Union when compared with the second quarter of 2011 or the second fastest if compared to the first quarter of 2012, according to the latest data from the EU's statistical office Eurostat. The second largest year-on-year growth was recorded in Slovakia – 2.9%. Lithuania's GDP grew 2.7%, the third largest growth in the EU.
Today, the government of Latvia, within the framework of budget amendments for 2012, decided to allocate LVL 2 million to motivate state employees involved in combating shadow economy.
Finns are most active buyers of Estonia-based real estate objects as compared to other non-residents, LETA/Kauppalehti reports.
According to Statistics Estonia, in the 2nd quarter of 2012, the number of unemployed persons decreased to 71,000 and the unemployment rate to 10.2%. The situation of young people on the labour market has not improved this year.
Given that small countries do not have alternative to nuclear energy, Latvia is ready to invest in the Visaginas Nuclear Power Plant (NPP) project. Experts of Latvernergo AS, Latvian power company, however, forecast that regional partners will join the project only when issues of safety and distribution of responsibilities are resolved.
The review of the Pauls Stradins Clinical University Hospital's request for additional LVL 10 million funds was accepted by the government today.