Archive for November, 2011

Government Approves Additional Budget Measures of EUR 41.2 Million for 2012

By admin at 22 November, 2011, 5:38 pm

On November 15, the Latvian government approved additional budget measures of 29 million lats (EUR 41.2 million) for 2012, which will be proposed to international donors, Finance Minister Andris Vilks told the press following the Cabinet sitting, the Baltic News Service reported. According to the Rīga-based newswire, the minister indicated that these measures include doubling [...]

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Saeima Unanimously Supports Candidate for Head of Anti-Corruption Bureau

By admin at 22 November, 2011, 5:28 pm

On November 17, the Latvian parliament approved Jaroslavs Streļčenoks as the new head of the Corruption Prevention and Combating Bureau (KNAB), the Baltic News Service reported. According to the Rīga-based newswire, the decision was made with 92 votes, and there were no votes against and no abstentions. The parliament greeted the new KNAB head with [...]

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Rīga Mayor: Referendum on Russian as Second State Language Will Be Unsuccessful

By admin at 22 November, 2011, 5:27 pm

The upcoming referendum on the Russian language as a second state language in Latvia will not be successful, said Rīga City Mayor Nils Ušakovs, a leader of the leftist pro-Russia Harmony Center, who, in the capacity of an ordinary citizen, signed in support to the proposal, the Baltic News Service reported. According to the Rīga-based [...]

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Cabinet of Ministers Award Presented to Five Distinguished Individuals

By admin at 22 November, 2011, 5:24 pm

On November 17, 2011, a day before Latvian Independence Day, Prime Minister Valdis Dombrovskis and the members of his cabinet presented the Cabinet of Ministers Award to five distinguished individuals. This is one of the highest awards given by the Latvian government for a remarkable contribution to the country’s development. The Cabinet of Ministers Award [...]

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Students Protest Education Budget Cuts Outside Cabinet Building in Rīga

By admin at 15 November, 2011, 1:35 pm

Some 700 students from various higher education institutions gathered outside the Cabinet of Ministers building in Rīga on November 4 to protest education budget cuts planned by the government, the Baltic News Service reported. According to the Rīga-based newswire, before marching to the government building, the students had gathered by the Latvian Academy of Arts, [...]

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Candidate for Anti-Corruption Bureau Wants KNAB to Become Independent Institution

By admin at 15 November, 2011, 1:33 pm

Jaroslavs Streļčenoks, the winner of a tender to find a new head for the Latvian Corruption Prevention and Combating Bureau (KNAB), believes that the anti-corruption bureau must become an independent institution and that a council might be set up to restrict the KNAB chief’s powers, the Baltic News Service reported. According to the Rīga-based newswire, [...]

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2012 Budget, Consolidations are Priorities in Negotiations with International Lenders

By admin at 15 November, 2011, 1:32 pm

On Thursday, November 3, Prime Minister Valdis Dombrovskis held a meeting with representatives of the Review Mission of the International Monetary Fund (IMF) and the European Commission. The main task in negotiations with international lenders was to agree on the budget 2012 and the amount of fiscal consolidation. As already reported, Latvia plans to conclude [...]

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Government Accepts Further Actions to Establish a Development Bank

By admin at 15 November, 2011, 1:30 pm

On November 1, in line with the decision of the Cabinet of Ministers (CoM) on transforming the state Hipoteku un Zemes Banka AS (JSC Mortgage and Land Bank of Latvia) into a development bank, the government assigned the Ministry of Finance to establish an advisory council by November 15 to coordinate state aid mechanisms. The [...]

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Prime Minister Calls on Czech Republic to Defend National Interests in EU Budget

By admin at 15 November, 2011, 1:28 pm

On November 4, Prime Minister Valdis Dombrovskis held a meeting with the Ambassador of the Czech Republic, Tomáš Pštross, as part of his farewell visit. The officials expressed gratitude for previous successful bilateral relations in different areas and expressed readiness to cooperate in defending interests of both countries in the EU’s multiannual budget for 2014-2020. [...]

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