Budget

International Internet Magazine. Baltic States news & analytics Friday, 27.02.2015, 15:08

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Additional EUR 94 mln required for 2016 to accelerate defense budget growth in Latvia

Additional EUR 94 mln required for 2016 to accelerate defense budget growth in Latvia

26.02.2015

In order to increase the defense budget to 2% of gross domestic product (GDP) by 2018, the state will require additional EUR 94 million next year, in 2017 – EUR 112.2 million, in 2018 – EUR 184.4 million, reports LETA, according to the Economy Ministry's calculations.

Keyword tags: Budget, Financial Services, GDP, Latvia, Legislation



Audit: Migration Affairs Office in Latvia unlawfully extends temporary residence permits

Audit: Migration Affairs Office in Latvia unlawfully extends temporary residence permits

25.02.2015

The Office of Citizenship and Migration Affairs in Latvia has violated the law by extending temporary residence permits for foreign citizens who received the permits based on their investments in Latvian companies or working on the companies' boards, according to the State Audit Office's findings, reports LETA.

Lithuanian government will not propose new tax laws

Lithuanian government will not propose new tax laws

19.02.2015

Prime Minister of Lithuania Algirdas Butkevicius has assured that in the nearest future draft laws on tax will not be submitted, reports LETA/ELTA.


Latvian officials agree to increase defense budget to 2% of GDP already by 2018

Latvian officials agree to increase defense budget to 2% of GDP already by 2018

18.02.2015

State officials agree that the defense budget ought to be increased to 2% of the gross domestic product (GDP) already by 2018, Prime Minister Laimdota Straujuma's (Unity) press secretary Aiva Rozenberga told LETA.

Lithuania's budgetary collections in January surpass expectations

Lithuania's budgetary collections in January surpass expectations

18.02.2015

Based on preliminary data of the Ministry of Finance, the state and municipal budgets in January 2015 received by EUR 11.4 million (2%) more revenue than projected and by EUR 12.41 million (2.2%) more than in January 2014, informs LETA/ELTA.

18.02.2015

Riga City Council to increase meter parking tariffs from April

On February 17th, the Riga City Council's Traffic and Transportation Committee approved new tariffs for meter parking in the city from April 1, 2015, reports LETA.

17.02.2015

Tallinn budget collects 8% annual plan in January

The city of Tallinn budget collected 41.4 mln euros of revenues in January 2015, forming 7.9% of the annual plan, LETA/Public Broadcasting reports.

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