International Internet Magazine. Baltic States news & analytics
Wednesday, 01.06.2016, 02:41
Latvian monetary financial institutions earned EUR 141.7 million in aggregate profit in the first four months of 2016, the Bank of Latvia reported LETA.
Keyword tags: Banks, Financial Services, Latvia
Latvian Family Physicians' Association will be waiting for Health Minister Guntis Belevics' (Greens/Farmers) proposals for improving access to healthcare for two to three weeks, as the association's head Sarmite Veide told LETA after healthcare workers' protest at the government's building today.
April 2016 has been marked by a long-awaited event, which finally has come to pass: the annual rate of growth of domestic loans has returned to the positive sector, Bank of Latvia economist Vilnis Purvins said on macroeconomics.lv, the Latvian central bank's analytical website, cites LETA.
Creamfinance Latvia non-bank lender, representing Crediton.lv and Ladyloan.lv brands in 2015 generated EUR 2.66 million in sales, informs LETA.
Finance Minister of Latvia Dana Reizniece-Ozola (Greens/Farmers) will accept the State Revenue Service Director General Inara Petersone's resignation, as the minister confirmed to LETA.
Latvia’s Balta non-life insurer in the first quarter of the year 2016 posted EUR 1.2 million in profit, the company said in a statement to the press, cites LETA.
The Latvian national budget lost revenue of more than EUR 220,000 because of the luxury car contraband scheme uncovered by the Customs Police under the Latvian State Revenue Service, Kaspars Podins, the head of the Customs Police, told the press on May 30th, informs LETA.
In the first quarter of 2016, the biggest average gross salary growth in the Baltic countries was recorded in Estonia at 8.1%, while in Lithuania it totaled 6.9% and in Latvia 5.3%, the Latvian Central Statistics Bureau (CSB) reported on May 30th, cites LETA.
Estonian Finance Minister Sven Sester supports investments of the second pillar pension funds to be brought to Estonia, and for that issuing the bonds of companies owned by the state in Estonia and putting share positions on the market are considered, informs LETA/BNS.
Inara Petersone, Latvian Director-General of the State Revenue Service, has tendered resignation to Finance Minister Dana Reizniece-Ozola (Greens/Farmers), the minister’s adviser Arno Pjatkins confirmed to LETA on May 30th.
Data of the Central Statistical Bureau (CSB) show that, in the 1st quarter of 2016 average monthly gross wages and salaries in the country constituted 827 euros. As compared to the 1st quarter of 2015, average wages and salaries grew by 5.3%, moreover growth rate was lower than a year ago.
As France follows the German example of demanding that foreign carriers in their territories should be paid the same wages as local ones, the Lithuanian association of road carriers, Linava, maintains it undermines the competition of Eastern European companies, informs LETA/BNS.
International credit ratings agency Standard&Poor’s (S&P) has affirmed Latvia's A-/A-2 long- and short-term foreign and local currency sovereign credit ratings. The outlook is stable, LETA learned from the Finance Ministry.
Latvian banking sector shows EUR 142 mln in profit in January-April
Altogether 14 new cases of African swine fever (ASF) among wild boars were found in Latvia between May 23 and May 27, including the first case of ASF in the Rezekne town in south-eastern Latvia, the Latvian Food and Veterinary Service reported LETA.