Archive for February, 2012

Latvian Producer Prices in January Grow 7.1% Y-O-Y

By Latvia Today at 27 February, 2012, 10:58 am

In January 2012, Latvian producer prices grew 7.1 percent from January 2011, announced the National Statistics Office, the Baltic News Service reported. According to the Rīga-based newswire, the producer prices for goods sold on the domestic market in January 2012 rose 9.4 percent year-on-year while the producer prices for export goods grew 4.1 percent. Producer [...]

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PM: No Indications That Latvia’s 2012 Budget Might Need Further Consolidation

By Latvia Today at 27 February, 2012, 10:56 am

At this point there are no indications that Latvia’s 2012 budget might need further consolidation measures, Latvian Prime Minister Valdis Dombrovskis said in an interview with the Russian-language service of Latvian public radio on February 17, the Baltic News Service reported. According to the Rīga-based newswire, Dombrovskis said that the government is not planning any [...]

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Harmony Center Drafts amendments to Make Russian Orthodox Christmas a Holiday

By Latvia Today at 27 February, 2012, 10:55 am

The leftist pro-Russia Harmony Center faction in Latvian parliament has drawn up legislative amendments that would make January 7, the date on which Russian Orthodox believers celebrate Christmas, a public holiday in Latvia, the Baltic News Service reported. According to the Rīga-based newswire, the recent referendum on whether to make Russian Latvia’s second state language [...]

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1.1 Million, or 70% of Eligible Voters, Take Part in Latvia’s Language Referendum

By Latvia Today at 27 February, 2012, 10:54 am

Nearly 1.1 million eligible voters took part in a referendum in Latvia on February 18, in which voters had to decide whether to make Russian the country’s second state language, the latest data from the Central Election Commission show, reported the Baltic News Service. According to the election authority’s information, cited by BNS, altogether 1,087,284 [...]

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Ambassador of Greece: Latvia is a Positive Example of Overcoming the Crisis

By Latvia Today at 27 February, 2012, 10:53 am

On February 17, during a conversation with Prime Minister Valdis Dombrovskis, the Ambassador of Greece to Latvia, George Chatzimichelakis, acknowledged that Latvia’s experience of overcoming the crisis is an example for other countries. The Prime Minister confirmed Latvia’s readiness to provide experts’ support to Greece in overcoming the financial crisis. The officials acknowledged that the [...]

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Majority of Latvia Companies Plan to Increase Number of Employees, Wages in 2012

By Latvia Today at 17 February, 2012, 4:11 pm

The majority of company heads in Latvia this year plan to increase wages and the number of employees, according to a survey performed by Fontes research and management consulting group, reported the Baltic News Service. According to the Rīga-based newswire, last year had been complicated, but 62 percent of companies have reached their target or [...]

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Report on Latvian–Lithuanian Cooperation Perspectives to Provide Closer Relations

By Latvia Today at 17 February, 2012, 4:09 pm

“The Report on Latvian – Lithuanian Cooperation Perspectives will provide a significant contribution to deepening the relations between both states,” said Latvian Foreign Minister Edgars Rinkēvičs as he opened the discussion on the prospects for the development of Latvian-Lithuanian cooperation held on February 15 at the Foreign Ministry. “The document contains over one hundred specific [...]

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Next Year’s Northern Future Forum to be Held in Rīga

By Latvia Today at 17 February, 2012, 4:04 pm

Today, on February 9, the “Northern Future Forum” was held in Stockholm – the capital city of Sweden, at the conclusion of which the heads of state of Great Britain and the Nordic and Baltic countries supported the proposal made by Prime Minister Valdis Dombrovskis to organize the forum in Rīga next year. Thereby, at [...]

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Prime Minister of Ukraine Visits Rīga

By Latvia Today at 17 February, 2012, 4:02 pm

On February 10, Ukrainian Prime Minister Mykola Azarov paid an official visit to Latvia. During the meeting with Latvian Prime Minister Valdis Dombrovskis, the heads of state agreed to actively enhance the economic relations between the two countries. At the conclusion of the visit, Azarov confirmed readiness of Ukraine to immediately address the issues, which [...]

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Membership Approved for the Latvia-Russia Intergovernmental Commission

By Latvia Today at 9 February, 2012, 5:42 pm

On January 31, the Cabinet of Ministers approved the membership of the Latvia-Russia Intergovernmental Commission for Economic, Scientific and Technical, Humanitarian, and Cultural Cooperation. The commission will be chaired by the Minister of Foreign Affairs, Edgars Rinkēvičs. Before that, the commission has been chaired by the minister of finance and the minister of economics. The [...]

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