International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 16:35
The state budget currently has not additional funds for teachers' wages, said Prime Minister Krisjanis Karins (New Unity) in an interview with the Latvian public radio today, citing LETA.
Keyword tags: Budget, Education and Science, Financial Services, Latvia
Provisional data of the Central Statistical Bureau show that in August 2019 the foreign trade turnover of Latvia amounted to EUR 2.37 bn, 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.
UP Invest, an investment company controlled by Estonian businessman Margus Linnamae, is set to acquire Apple Authorized Service Provider in Estonia, Latvia and Finland IM Arvutid AS, informed LETA/BNS.
The Latvian national air carrier airBaltic is planning to establish a base in Estonia in the future, after which flights departing from Tallinn would be serviced by Estonian teams, writes LETA/BNS.
Estonian fish packing and fish processing company M. V. Wool on Thursday morning received an injunction from the Veterinary and Food Board ordering the recall of 200-gram sliced trout gravlax packages from retail, reported LETA/BNS.
Latvia has been losing around 1% of GDP each year due to the loss of budget revenue resulting from the 2017 tax reform, Inna Steinbuka, a member of the Fiscal Discipline Council, told journalist LETA.
The Central Finance and Contracting Agency (CFCA) has concluded an agreement with Latvia's state-owned rail company Latvijas Dzelzcels (LDz, Latvian Railways) on granting over EUR 318 mln from the European Union Cohesion Fund for development of electric train infrastructure, the CFCA informed LETA.