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Wednesday, 22.10.2014, 16:48
78% of economically-active residents of Latvia, aged between 18 and 55, are in favor of a president elected by popular vote, according to a survey conducted by TNS and LNT television, reports LETA.
Keyword tags: Analytics, Latvia, Legislation, Society
Lithuania was named number-three destination in Lonely Planet's list of best countries to visit in 2015.
Prime Minister Laimdota Straujuma's (Unity) political goal, as the head of the new government, will be to increase the welfare of Latvian families.
Statistics Lithuania has implemented the methodological requirements set in Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (ESA 2010) and carried out a revision of the time series of general government finance and national accounts aggregates. In 2013, according to the revised data, the general government deficit totalled LTL 3163.3 million (EUR 916.2 million), or 2.6% of GDP. Over the year, the general government deficit decreased by LTL 460.2 million (in 2012, this indicator stood at 3.2% of GDP).
National budget deficit in Latvia in 2013 was at 0.9% of the Gross Domestic Product (GDP), which is the third lowest out of all the European Union (EU) countries, latest data provided by Eurostat shows, cites LETA.
Compared to August, level of producer prices in Latvian industry in September 2014 rose by 0.1%, according to the data of Central Statistical Bureau of Latvia. In September 2014 compared to September of the previous year, the overall level of producer prices in the Latvian industry increased by 0.3%.
Statistics Lithuania informs that in September 2014, industrial production totalled LTL 5.8 billion (EUR 1.7 billion) at current prices and, compared to August, grew by 6.9% at constant prices, seasonally adjusted – by 1.7%.
General government budget deficit at the end of 2013 comprised EUR 199.6 million or 0.9 % of the Gross Domestic Product (GDP), and the general government consolidated gross debt comprised EUR 8875.9 million or 38.2 % of the GDP, according to the results of the October 2014 general government budget deficit and debt notification compiled by Central Statistical Bureau (CSB), which has been made in line with the methodology of European System of Accounts (ESA 2010).
There is no doubt that corrupt "tigers and flies," cadres from the top to bottom ranks, are the losers in China's anti-corruption drive. But who are the winners?
The ruling coalition parties in Latvia denied support for a motion on hiking monthly salaries for Cabinet ministers, submitted by one of their own – the Finance Ministry's parliamentary secretary, MP Lolita Cigane (Unity), reports LETA.
During the first nine months of 2014 mortality decline was observed in Latvia. Provisional data of the Central Statistical Bureau (CSB) show that 21 155 deaths were registered in the country, which is 387 fewer than in the first nine months of 2013. However, the number of deaths increased in September.
According to Statistics Estonia, in the 3rd quarter of 2014, the construction price index changed 0.3% compared to the 2nd quarter of 2014 and -0.2% compared to the 3rd quarter of 2013.
According to Statistics Estonia, in September 2014, the producer price index of industrial output changed by 0.2% compared to August 2014 and by -2.0% compared to September 2013.
Monetary policy instruments are no magic solution or a "silver bullet" in dealing with the economic problems in the euro area, and it is crucial to observe budget discipline and implement structural reforms – this is the message that ran like a red thread of today's conference titled "Have We Learnt Anything from the Crisis?" and held by Latvijas Banka in Riga with the participation of the Eurosystem policy makers, representatives of international and national institutions and top scholars, reports the bank.
The average gross wage in the Latvian national economy will in 2015 increase 4.5% at current prices, the Finance Ministry's experts predict, cites LETA.