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Such was the happiness of the times that you might think as you chose and speak as you thought.
Publius Cornelius Tacitus
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Saeima to consider option to form a council to supervise FCMC
Saeima’s Budget and Finance Committee may consider the idea on forming a supervisory council to perform monitoring of the Finance and Capital Market Commission and develop proposals for the financial sector, as confirmed by deputy chairman of the committee Imants Parādnieks.
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Baltics want faster US decisions on the region’s air defence
Ahead of the meeting of three Baltic presidents with U.S. President Donald Trump on April 3, Lithuania, Latvia and Estonia have called on the key ally to make «faster decisions» on the region’s air defence.
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Inflation is in decline, but experts see signs of growth in Latvia
«Annual inflation continued to decline in February, which is not a big surprise, considering that prices continued growing rather rapidly. While inflation was surprisingly low in January – around 2% –, it was only 1.8% in February. There are concerns this year’s inflation may exceed 3%,» says Luminor Bank’s expert Pēteris Strautiņš.
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LCCI asks Latvenergo’s profits to be diverted to reduce bills for residents
On Thursday, 8 March, Latvian Chamber of Commerce and Industry decided to request Latvenergo’s profits of EUR 78.9 million to be diverted towards reducing electricity bills for residents and differentiation differences caused for businessmen, BNN was told by the council.
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Bank of Latvia governor prohibited from performing duties in ECB council
The governor of the Bank of Latvia Ilmārs Rimšēvičs is denied the right to perform duties associated with his post in the council of the European Central Bank, as confirmed by the Bank of Latvia.
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Unity invites Finance Ministry to fix adopted tax reform’s flaws
Members of Unity’s Saeima faction believe adoption of the tax reform was performed poorly and that new problems emerged from introducing it, creating misunderstandings for businessmen and residents.
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Anti-money Laundering Service’s leader to compete for another term
The current head of Latvia’s Office for Prevention of Laundering of Proceeds Derived from Criminal Activity has decided to participate in the open selection process to stay in his post for a repeated term.
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USA and Baltic States prepare for upcoming summit in Washington
To discuss preparations for the upcoming US-Baltic summit in Washington this spring, Latvian Foreign Affairs Minister Edgars Rinkēvičs together with his colleagues from Lithuania and Estonia met with US Secretary of State Rex Tillerson on 5 March.
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Minister: OECD views Latvia’s pension system as stable and sustainable
Organisation for Economic Co-operation and Development (OECD) has concluded that Latvia’s pension system is successfully introduced and its financial stability and sustainability will remain in the future, as reported by Welfare Ministry.
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Baltics and five more EU members stand for finishing current EU reforms instead of starting new ones
Voicing their view of the Franco-German plans to reform the European Union, the Baltic states and five other northern EU members called on other partners to concentrate on finishing the banking union, enhancing compliance with budget rules and also on the establishment of the European Monetary Fund.
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Celebrations the 25th anniversary of the fall of the Berlin Wall
Entertaiment & Arts
Producer: many young people come to work in the film industry
Latvia’s film industry has been steadily growing these past several years, and it is especially gratifying that many young people are coming to work in the industry, says director and producer, representative of Film Angels Productions Jānis Kalējs.