Date: 30.09.2020.

International Internet Magazine. Baltic States news & analytics Thursday, 03.12.2020, 22:00

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Purgaile: Regulations need to change so banks could employ individual risk

Purgaile: Regulations need to change so banks could employ individual risk

30.09.2020

In order for banks to be able to employ individual risk-based approach to customers, a number of regulations need to be changed in Latvia, Santa Purgaile, head of the Financial and Capital Market Commission (FCMC), told Latvian Radio, cites LETA.

Keyword tags: Banks, Financial Services, Latvia



New restrictions to be introduced in Daugavpils and Kuldiga due to spike in new Covid-19 cases

New restrictions to be introduced in Daugavpils and Kuldiga due to spike in new Covid-19 cases

30.09.2020

Due to the spread of Covid-19, new restrictions will be introduced in Daugavpils and Kuldiga until mid-October: no more than 500 people will be allowed to attend indoor events, and no more than eight patrons will be allowed at one table at public catering institutions, the Cabinet of Ministers decided at an extraordinary meeting on Wednesday, LETA informed.

Estonia: Construction of Rail Baltic to cost EUR 1.09 bn over next 4 yrs

Estonia: Construction of Rail Baltic to cost EUR 1.09 bn over next 4 yrs

30.09.2020

Estonia's share in the price of Rail Baltic's construction from 2021 to 2024 is approximately 1.09 bn euros, which includes both support from the Connecting Europe Facility (CEF) as well as the mandatory national own contribution, informed LETA/BNS.


DFDS increases sailings between Estonia, Sweden, closes Paldiski-Hanko route

DFDS increases sailings between Estonia, Sweden, closes Paldiski-Hanko route

30.09.2020

Ferry operator DFDS announced on Wednesday that from Oct. 4, there will be two daily departures on the Paldiski-Kapellskar route nearly every day after Patria Seaways is moved to the route from the Paldiski- Hanko route, which will be closed due to unsatisfactory volumes, informed LETA/BNS.

Latvia could raise self-isolation threshold for arrivals in Latvia

Latvia could raise self-isolation threshold for arrivals in Latvia

30.09.2020

Latvia could consider raising the threshold upon which persons arriving in Latvia from other countries have to self-isolate from 16 Covid-19 cases per 100,000 residents to 25 cases per 100,000 residents, Health Minister Ilze Vinkele (For Development/For) said at the government's meeting on Wednesday, cites LETA/BNS.


30.09.2020

Estonia to invest EUR 10 mln in Eesti Raudtee infrastructure in 2021

The Estonian state is set to invest approximately 10 million euros in projects to be continued on the infrastructure of the state-owned railway infrastructure company AS Eesti Raudtee next year, it appears from the bill of the 2021 state budget submitted to the parliament on September 3th, cites LETA/BNS.

30.09.2020

Government in Latvia supports application of reduced VAT to fresh fruit, berries and vegetables for another 3 years

The Cabinet of Ministers on Wednesday approved amendments to the Value Added Tax Law, according to which a reduced value added tax rate of 5% will continue to be applied to fresh fruit, berries and vegetables for the next three years, reports LETA.

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