Archive for January, 2012

Foreigners Invest EUR 175 Million in Latvia in Exchange for Residence Permits in 2011

By admin at 4 January, 2012, 10:50 am

Foreigners this year invested 123 million lats (EUR 175 million) in Latvia in exchange of residence permits, said Citizenship and Migration Affairs Board (PMLP) spokesman Andrejs Rjabcevs, the Baltic News Service reported. According to the Rīga-based newswire, Rjabcevs said that, according to the data of PMLP, 1,956 foreigners have used the possibility to apply for [...]

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Latvian Political Parties to be Partly Funded from National Budget as of 2012

By admin at 4 January, 2012, 10:48 am

As of 2012, political parties in Latvia will be partly funded from the national budget in line with amendments passed to the law on the financing of political organization, the Baltic News Service reported, citing information from the parliamentary press service. According to the Rīga-based newswire, public funding will be granted to those political parties [...]

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In New Year’s Day Speech, President Berziņš Calls for Stopping Emigration

By admin at 4 January, 2012, 10:47 am

Addressing the nation on the first day of 2012, Latvian President Andris Berziņš noted the experiments with the Constitution experienced last year, as well as called on politicians to work on stopping emigration, the Baltic News Service reported. According to the Riga-based newswire, the president said that economic shocks, which entail a drop in living [...]

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In New Year’s Speech, Dombrovskis Underscores Completion of Fiscal Consolidation

By admin at 4 January, 2012, 10:45 am

In his speech on New Year’s Eve, Latvian Prime Minister Valdis Dombrovskis underscored that Latvia has overcome the financial crisis and called on people to take part in the upcoming referendum on the official language in Latvia, the Baltic News Service reported. According to the Riga-based newswire, Dombrovskis said that we have a reason to [...]

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