Archive for June, 2011
Foreigin Minister: „Soviet Occupation Separated Latvia from Western Culture”
By Latvia Today at 21 June, 2011, 4:24 pm
On June 17, Foreign Minister Ģirts Valdis Kristovskis addressing the conference „Losses Caused by the Soviet Union in the Baltic States” said that the Soviet occupation separated Latvia from the European civilization and Western culture, and for Latvia to become a full-bodied European Union (EU) member, the country has to recover its losses. He said [...]
Read More >>An Agreement Has Been Signed with the World Bank for 100 Million Euro Loan to Latvia
By Latvia Today at 21 June, 2011, 4:21 pm
On June 17, Minister of Finance Andris Vilks and World Bank (WB) Country Director for Latvia Peter Harrold signed an agreement on the WB loan of EUR 100 million to Latvia. The World Bank’s Board of Executive Directors approved the loan to Latvia on May 26, 2011. “In order to receive this loan, the Latvian [...]
Read More >>Valdis Zatlers: „It Is Necessary to Seperate Politics from Business and to Reduce the Gap between Society and State Authority”
By Latvia Today at 21 June, 2011, 4:18 pm
On June 16, in his last address to Saeima president Valdis Zatlers stressed that separating politics from business is the most urgent task. He also pointed to a gap between society and state authority. Zatlers went on to say that unlike other pre-election periods when politicians are reluctant to take unpopular measures that might put [...]
Read More >>Latvia’s Balance of Payments in the First Quarter of 2011
By Latvia Today at 8 June, 2011, 9:55 am
On June 3, the Bank of Latvia announced, that in the first quarter of 2011, the current account surplus of Latvia’s balance of payments reached 52.7 million lats (EUR 75 mln) or 1.7% of the forecast GDP. Both goods and services trade balance and income balance improved quarter-on-quarter. The goods and services trade deficit contracted [...]
Read More >>The Prime Minister has signed a Supplemental Memorandum of Understanding between the European Union and Latvia
By Latvia Today at 8 June, 2011, 9:52 am
Prime Minister Valdis Dombrovskis has signed and sent for signature to Olli Rehn, European Commissioner for Economic and Monetary Affairs a Supplemental Memorandum of Understanding to be concluded between the European Union and Latvia, the agreement on which was reached during the Review Mission negotiations between the government of Latvia, the International Monetary Fund (IMF) [...]
Read More >>A Media Announcement by President Valdis Zatlers and His Serene Highness Albert II, Sovereign Prince of Monaco and Marquis of Beaux
By Latvia Today at 8 June, 2011, 9:51 am
The President: It is a matter of great honour for me to welcome His Serene Highness Prince Albert II of Monaco to Latvia today. This is the first visit by Prince Albert to Latvia, and we agreed on three major areas in which Latvia and Monaco could work together. The first is the economy, the second is [...]
Read More >>Politicians and Experts to Discuss Development of Northern Dimension in Riga
By Latvia Today at 2 June, 2011, 10:39 am
On May 24, the Latvian Foreign Ministry hosed the seminar „Northern Dimension and Baltic Sea Region – Opportunities and Challenges” at which participants debated the role of the Northern Dimension and the EU Strategy for the Baltic Sea Region in improving co-operation and dealing with common issues in the region, in particular, in the context [...]
Read More >>Baltic State’s Defence Ministers Agree on Future Cooperation
By Latvia Today at 2 June, 2011, 10:37 am
On May 26, Baltic State’s Defence Ministers discussed future integration of defence systems of the Baltic States. During the meeting Defence Minister of Latvia Artis Pabriks, Defence Minister of Lithuania Rasa Jukneviciene and Defence Minister of Estonia Mart Laar agreed on specific defence sectors where the research and analysis will be carried out to create [...]
Read More >>Incumbent President Valdis Zatlers is Good Partner
By Latvia Today at 2 June, 2011, 10:35 am
On, May 23, US Ambassador to Latvia Judith Garber said that the US is closely following the presidential election process in Latvia. The ambassador said that incumbent Latvian President Valdis Zatlers is a good partner, but she did not voice a clear support to his reelection. „Of course, we are a strategic partner for Latvia, [...]
Read More >>During meeting with President of the Bundestag, Āboltiņa stresses active cooperation of both countries
By Latvia Today at 2 June, 2011, 10:33 am
On Tuesday, 24 May, during her working visit to Berlin, Solvita Āboltiņa, Speaker of the Saeima, met with Norbert Lammert, President of the Bundestag, and declared that the relations between Latvia and Germany are active and dynamic on all levels and that Latvia is interested in continuing their close cooperation. “This year we will mark [...]
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