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International Internet Magazine. Baltic States news & analytics Thursday, 20.09.2018, 14:15

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Government supports action plan fostering economic growth in Latgale in 2018-2021

Government supports action plan fostering economic growth in Latgale in 2018-2021

19.09.2018

The Cabinet of Ministers today approved an action plan to foster economic development in Latgale province in 2018-2021, which stipulates allotting additional EUR 29.5 mln for restoration of degraded areas, reported LETA.

Keyword tags: Budget, Funds, Latvia, Markets and Companies



Spectrum auction in Latvia raises EUR 6.5 mln

Spectrum auction in Latvia raises EUR 6.5 mln

12.09.2018

A spectrum auction in Latvia on Tuesday sold the rights to use frequency bands for EUR 6.525 mln, Ieva Bethere, a spokeswoman for the Public Utilities Commission (regulator), told LETA.

Latvian government approves purchase of four Black Hawk helicopters

Latvian government approves purchase of four Black Hawk helicopters

11.09.2018

The Cabinet of Ministers of Latvia approved the planned purchase of four Black Hawk helicopters for 175 mln euros from the United States, informs LETA.


Latvia’s contributions to ESM grow by 44.24 mln euros in 2017

Latvia’s contributions to ESM grow by 44.24 mln euros in 2017

11.09.2018

In 2017 Latvia’s contributions to the European Stability Mechanism (ESM) have increased by 44.24 mln euros to 221.2 mln euros, informs LETA referring to the informative report prepared by the Finance Ministry of Latvia.

Latvia absorbs 66% of EU funding available in current programming period

Latvia absorbs 66% of EU funding available in current programming period

11.09.2018

In Latvia work is under way on EU-funded projects worth 2.9 bln euros in total, which 66% of the 4.4 bln euros made available to Latvia in the current programming period 2014-2020, the Finance Ministry said in a report on the absorption of EU structural funds and the Cohesion Fund’s investments, cities LETA.


27.08.2018

Latvia records its largest budget surplus yet - EUR 678 mln

During the first seven months of this year the Latvian general government consolidated budget accumulated a EUR 678.1 mln surplus, which is the largest ever recorded in Latvia and EUR 384.5 mln larger than a year ago, LETA was told at the Finance Ministry.

27.08.2018

Proposed increase in child benefit to cost Lithuanian state extra EUR 130 mln

The Social Security and Labor Ministry proposes to increase the monthly benefit that each child in Lithuania receives monthly to 50 euros, from the current 20 euros, starting next January, a move that would cost the state an additional 130.2 mln euros next year, informed LETA/BNS.

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