LATVIA

Winter of discontent ends
Winter of discontent ends
OUT OF LUCK : The grass-roots movement protesting the sad state of the nation was unceremoniously sh...
RIGA - On the night of July 23, Riga Municipal Police officers dismantled and removed the so-called ‘tent village’ hard luck housing complex from the park-like oasis of grass and pavement opposite the Cabinet of Ministers’ building, bringing an end to the social protest that began on Nov. 30 last winter. Only one person was in residence during the clandestine police operation - the handicapped and homeless Juris Lapsinskis, reports news agency LETA. A lone protester at night, Lapsinskis was, during the day, joined by two other protesters - Grigorijs Fedjkins and Aleksa...  Full story...
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 Jul 28, 2010 - Insolvency law may deepen financial crisis...
Insolvency law may deepen  financial crisis
RIGA - The parliament passed the controversial Insolvency law, which is aimed to help borrowers who find themselves in trouble with their finances. Banks are extremely unhappy with the new regulation and promise to raise interest rates for the new customers in order to cover expected losses. This could slow lending down even more in Latvia and make recovery of the economy more complicated, bank...
 Jul 21, 2010 - Gas tax delayed...
Gas tax delayed
RIGA - The introduction of excise tax on natural gas in Latvia must be put off until later, says the Public Utilities Commission Council Chairwoman Valentina Andrejeva in an interview with LNT television on July 20, reports news agency LETA. Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee decided last week to add to the Saeima amendments to the law on excise t...
 Jul 21, 2010 - Latvian free press dying off...
Latvian free press dying off
RIGA - Ahead of the national elections, scheduled for this fall, the most influential Latvian daily newspaper Diena is now headed by politically motivated persons following personnel changes. This could be the beginning of the end for the free press in the country, say analysts and established journalists. Since Latvia’s independence was restored in 1990, Diena had been the most power...
 Jul 14, 2010 - Pabriks denied in OSCE challenge...
Pabriks denied in OSCE challenge
On July 6, 2010 in Oslo, Spencer Oliver was re-elected as Secretary General of the Organization for Security and Co-operation in Europe (OSCE) Parliamentary Assembly (PA) with more than 95 percent of the votes. The OSCE was developed as a strictly non-career organization in which elected members may not exceed 10 years work in one position. Oliver, a U.S. representative, has been Secretary Gene...
 Jul 07, 2010 - Lembergs brings ‘experience’ to Green Party ticke...
Lembergs brings ‘experience’  to Green Party ticket
RIGA - The board of the Latvian Green Party at a meeting on July 5 officially nominated Ventspils Mayor Aivars Lembergs as their choice for the next prime minister, reports news agency LETA. Lembergs told reporters afterwards that he has not made a decision yet on whether he will run in the October Saeima elections. “My character may not exactly be suited for parliament work, but more for...
 Jun 30, 2010 - Budget prescription calls for more pain...
Budget prescription calls for more pain
From wire reports, RIGA In order to achieve consolidation of next year’s budget by 400 million lats (571.4 million euros), cuts will be necessary in the social sector, said IMF and World Bank consultant Janis Platais in an interview with the business daily Dienas Bizness, reports Nozare.lv. “I do not think it will be possible to get by without spending cuts in the social sector...
 Jun 16, 2010 - Political parties to be financed by taxpayers...
Political parties to be financed by taxpayers
RIGA - Latvia’s most popular political parties will be financed from the state budget from 2012. Each party which wins at least 2 percent of votes in the parliamentary elections will receive 0.5 lats (0.71 euros) for each supporter every year till the next elections. The measure, which is supposed to restore party independence, will only give politicians extra pin money, said analysts. ...
 Jun 10, 2010 - Finnish business positive on Latvia...
Finnish business positive on Latvia
RIGA - Creativity and innovation is the field in which Finland is a leader on a global level, and is also an example to Latvia, said President Valdis Zatlers on June 7 at the opening of a Latvian-Finnish business forum in Riga, reports news agency LETA. “Creativity, boldness and innovation - these are the keys to sustainable development. I am sure that this state visit will provide a new ...
 Jul 28, 2010 - Embassies struggle for funds...
RIGA - The current situation in the consular service is precarious, as staff numbers have been cut due to insufficient funding, while the volume of...
 Jul 28, 2010 - Latvija in brief - 2010-07-29...
On July 21 police detained a woman (born in 1964) for stabbing and killing her husband, reports LETA. She told officers that she was sick of him. I...
 Jul 21, 2010 - Insolvency law revised...
RIGA - Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee on July 14 reached agreement on borrowers’ insolven...
 Jul 21, 2010 - Latvija in brief - 2010-07-22...
The Financial and Capital Market Commission (FCMC) will request the Prosecutor General’s Office to evaluate the actions of Parex bank’s...
 Jul 14, 2010 - Latvija in brief - 2010-07-14...
Saeima, in a July 12 emergency session, confirmed Prosecutor Eriks Kalnmeiers for the office of prosecutor general, reports LETA. In a secret ballo...
 Jul 14, 2010 - Zatlers to visit Kremlin...
President Valdis Zatlers has been invited to meet with Russian President Dmitry Medvedev in Moscow. Both sides strongly believe that the visit, whi...
 Jul 07, 2010 - High level talks concluded in ...
RIGA - Political consultations took place in Ankara on July 1 between the Latvian and Turkish foreign ministries, at which discussion took place of...
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