Article | May 20, 2012 - 9:33pm
Losses caused by software piracy in Latvia diminished last year though the figure still remained at concerning level, findings of a study into global software piracy done by the international software makers' association Business Software Alliance (BSA) showed.
Article | May 13, 2012 - 10:54pm
A report from Latvia’s economy ministry and finance ministry on the macroeconomic situation in the country last week showed Latvia’s exports are likely to grow at a comparatively slower pace this year.
Article | May 6, 2012 - 10:32pm
The latest evaluation of the Latvian economy by ratings agency Standard and Poor’s (S&P) has repatriated the Baltic nation to investment grade, endorsing the country’s economic development potential.
Article | April 29, 2012 - 9:44pm
Data from the official statisticians of Latvia recently revealed that the Latvian economy grew by 5.5% in 2011. With a better flow of investments and an overall improvement in the business climate, Latvia’s shortfall was more than halved, shrinking to 3.5% of economic output from 8.2% in 2010, the data showed.
Article | April 22, 2012 - 10:03pm
The Latvian Association of Unions last week indicated they might invoke the referendum option against the government’s plan of rescheduling the gradual increase of retirement age, local reports revealed.
Article | April 15, 2012 - 8:01pm
Latvia will work fast in implementing the European Union rules in liberalising its gas market, the Latvian economy ministry confirmed last week.
Article | April 8, 2012 - 8:54pm
Parex bank’s British Chief Executive Christopher Gwilliam last week hailed the re-branding of the bank as Reverta – an initiative estimated to cost 15,000 lats (€21,000). Gwilliam, however, asserted that re-branding was essential as “it was important to move our team away from the legacy of the old Parex bank”.
Article | April 1, 2012 - 7:45pm
Latvian Foreign Minister Edgars Rinkevics was on an official tour to Japan last week where he called on Japan to use Latvia as its gateway for enhancing economic cooperation with Europe and Russia.
Article | March 25, 2012 - 8:17pm
The newly appointed Latvian Ambassador to Brazil, Alda Vanaga, last week called on the Brazilian authority to not to hesitate with the ratification of the European Union-Brazil agreement on visa waiver for holders of ordinary passports.
Article | March 18, 2012 - 10:07pm
Closer ties between Riga and Dubai would serve various aspects of mutual benefits and the governments would put in more efforts to achieve this, both the countries agreed during the recent UAE tour of the Latvian premier.
Article | March 11, 2012 - 10:13pm
The ailing Latvian carrier airBaltic last week confirmed that it would tow the proverbial line to reduce costs – simply by shaving the payroll. Local reports cited a statement from the company on 6 March which announced that the airline would be cutting 15% jobs in a bid to return to black by 2014.
Article | February 26, 2012 - 8:47pm
About 75% of those taking part in the poll on making Russian a second official language in the country voted against the idea on a 70% turnout.
