International Internet Magazine. Baltic States news & analytics
Friday, 28.11.2014, 23:34
The European Commission has requested 11 countries, including Latvia, to make the necessary adjustments to their 2015 budget plans, so that they are in accordance with EU regulations on fiscal discipline, informs LETA.
Keyword tags: Budget, EU – Baltic States, Financial Services, Latvia, Legislation
Invalda LT is one of the major companies in Lithuania investing in other businesses and managing assets. Company's net asset value was LTL 161 million (EUR 46.6 million) or LTL 13.57 (EUR 3.93) per share at the end of September 2014, reported LETA/ELTA the company.
All ministries have submitted their spending projections for 2015-2017 to the Finance Ministry, as the Finance Ministry's spokesman Aleksis Jarockis told LETA.
The Estonian government approved a draft law on Thursday which stipulates that if alimony is not paid without a good reason, the debtor's right to drive a motor vehicle, hunting rights, small boat driving rights can be suspended as well as the fishing rights card, weapons use permit and weapons acquisition permit can be suspended, LETA/Public Broadcasting reports.
The European Commission today approved allocating EUR 7.7 million to Latvian dairy producers, European Parliament Member Sandra Kalniete (Unity) wrote in her ''Twitter'' account, cites LETA.
The State Department of Tourism has issued written warnings to 38 travel agencies in Lithuania because they do not meet a provision of the Law on Tourism requiring their equity capital not to be lower than half of the authorised capital, informs LETA/ELTA.
ABLV Bank profit in the first nine months of the year 2014 reached EUR 50 million, according to the company's announcement submitted to the "Nasdaq Riga" stock exchange, informs LETA.
Estonian government approved on Thursday of the tax information exchange bill with USA, the finance ministry announced, cites LETA.
Saeima in Latvia agreed today to redistribute state budget funds in the amount of EUR 7.9 million in order to provide support to dairy producers who have suffered from Russia's embargo, informs LETA.
Due to a drop in grain prices, additional costs of the threshing season, and the cost of re-sowing fields this past spring, grain farming could suffer losses in the amount of EUR 220 million in 2014. Thus, leaders of Latvian farmers' cooperatives urge the Agriculture Ministry and government to get involved in solving the problem, representatives of farmers' cooperatives informed LETA.
Saeima confirmed the makeup of investigative commissions on the Zolitude tragedy and Citadele bank sale process today, reports LETA.
The Government of Lithuania has approved the revised 2015 draft budget which still focuses on the social area, reports LETA/ELTA.
Vilnius Regional Administrative Court has ruled that the inspector of journalist ethics baselessly cautioned the daily Respublika for criticising bank Snoras bankruptcy administrator Neil Cooper, reports LETA/ELTA.
The Government of Lithuania has reviewed the 2015 budget of the State Social Insurance Fund (SoDra) in just one day after it was returned by the Seimas, reports LETA/ELTA.
Prime Minister Laimdota Straujuma (Unity) believes that the EUR 300 billion investment program put forward by European Commission President Jean Claude Juncker is a valuable opportunity for Latvia, LETA was informed by Straujuma's spokeswoman Signe Znotina-Znota.