International Internet Magazine. Baltic States news & analytics
Thursday, 29.09.2016, 18:19
From September 26 to 28, the Foreign Ministry’s State Secretary Andrejs Pildegovics made a working visit to Minsk, LETA was informed by the Foreign Ministry.
Keyword tags: Baltic States – CIS, Belarus, Cooperation, Latvia
Work on agreement laying down the conditions for the Rail Baltica project financing and implementation is still continuing today, as the Baltic countries' joint venture RB Rail representative Ilze Rassa told LETA.
Latvia supports the candidacy of European Commission Vice President Kristalina Georgieva for the post of United Nations secretary-general, Foreign Minister Edgars Rinkevics (Unity) confirmed to LETA.
In August, a slow growth in the overall domestic loan portfolio was observed for a sixth consecutive month and the loan 12-month growth rate also remained in positive territory. With the funds in enterprise bank accounts on the rise, the balance of deposits attracted by banks also grew.
Canadian airplane manufacturer Bombardier will deliver the first two new CS300 airplanes to the Latvian national airline airBaltic before the end of this year, Bombardier's Vice President Rob Dewar said during the presentation of new CS300 aircraft in Riga.
Data of the Central Statistical Bureau (CSB) show that, compared to July, in August 2016 the level of construction costs in Latvia dropped by 0.4 %. Prices of building materials decreased by 0.8%, maintenance and operational costs of machinery and equipment reduced by 0.1%, whereas labour remuneration of workers did not witness any significant changes.
atvia ranks 49th in the latest Global Competitiveness Index by the World Economic Forum, having slipped down from the 44th position last year.