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Friday, 26.04.2024, 04:39
Failure to comply with Covid-19 restrictions could result in criminal liability in Latvia
01.12.2020Failure to comply with Covid-19 restrictions could result in criminal liability, and the Defense Ministry could become involved in helping to control that these measures are being complied with, the chairman of the Saeima's Defense, Interior Affairs and Corruption Prevention Committee Juris Rancans New Conservative Party) told Latvian Radio on December 1st, cites LETA.
Keyword tags: Covid-19, Crime, EU – Baltic States, Latvia, Legislation, Markets and Companies, Medicine
OECD lowers Latvia's economic downturn forecast to 4.3% in 2020
01.12.2020The Organization for Economic Co-operation and Development (OECD) has reduced its economic downturn forecast for Latvia, and projects that Latvia's GDP will drop by 4.3% in 2020, reports LETA.
Mayor of Riga presents an Ambitious Agenda and Plans for the City
01.12.2020The Mayor of Riga Mārtiņš Staķis who was elected earlier this year during Extraordinary Elections of the Council of Riga on the platform to change the corporate governance culture in Riga and reshape Riga into orderly, open, green and people-friendly metropolis of Northern Europe, last week spoke to the Norwegian investor community in Latvia and presented his personal priorities and the plans of the newly-established “Riga Change Coalition”.
Latvia: Annual increase of average wages and salaries – 5,9 %
01.12.2020Compared to the 3rd quarter of 2019, in the 3rd quarter of 2020 the average gross wages and salaries for full-time work increased by 5.9% or EUR 64 and comprised EUR 1 147.
Volkswagen investing hundreds of millions in its Estonian subsidiary
01.12.2020In spring, international car manufacturer Volkswagen established a subsidiary in Estonia, Car.Software Estonia AS, the revenue of which according to the Tax and Customs Board was 237 million euros in the third quarter, this is likely to be an intra-group transfer of assets, the "Aktuaalne kaamera" news program of public ETV television reported, cited LETA/BNS.
Estonia's Tallink to end operation of Victoria I on Tallinn-Stockholm-Riga, Tallinn-Helsinki routes from January 1
Listed Estonian shipper Tallink Grupp on Tuesday announced that it will suspend the operation of its vessel Victoria I on the Tallinn-Stockholm-Riga-Stockholm-Tallinn and the Tallinn-Helsinki routes route from Jan. 1, 2021, writes LETA/BNS.
Estonia's e-residency program has earned state over EUR 50 mln since launch
Estonia's e-residency program, which celebrates its sixth anniversary on Tuesday, has since its launch earned the state over 50 million euros in direct economic gain, having continued its strong growth even during the emergency situation, informs LETA/BNS.
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