Archive for August, 2012

Foreign Ministers from the Baltic States and Germany to Discuss EU Economics

By Latvia Today at 22 August, 2012, 10:29 am

On August 23, the Foreign Minister of Germany Guido Westerwelle, the Foreign Minister of Estonia Urmas Paet and the Foreign Minister of Lithuania Audronius Ažubalis will arrive in Rīga to take part in the regular political consultations between the Baltic States and Germany, the so-called “3+1” consultations. The Latvian Open-Air Ethnographic Museum has been chosen [...]

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Rinkēvičs and Upcoming U.S. Ambassador Agree on Deepened Economic Cooperation

By Latvia Today at 22 August, 2012, 10:28 am

During a meeting today, Latvia’s Minister of Foreign Affairs Edgars Rinkēvičs today and Mark Pekala, the U.S. Ambassador-designate Extraordinary and Plenipotentiary to the Republic of Latvia, agreed on future co-operation in the commercialisation of the Northern transport corridor and on deepened economic co-operation and co-operation in the field of energy. The dialogue between both states [...]

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Latvia Registers EU’s Third Smallest Inflation in July – Eurostat

By Latvia Today at 22 August, 2012, 10:27 am

Sharing the spot with Germany, Latvia has had the third smallest annual inflation in July 2012 among the European Union states, Eurostat, the statistical office of the EU reports. In July, the lowest annual rates were observed in Sweden (0,7%), Greece (0,9%),  Latvia and Germany (both 1,9%) – well below the EU average. The highest [...]

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”China Daily” Develop a Portal about Latvia

By Latvia Today at 14 August, 2012, 10:43 am

”China Daily”, one of the biggest newspapers in China, has developed an internet portal about Latvia in cooperation with the Latvian Tourism Development Agency. The webpage features information about Latvian traditions, culture, tourism and leisure opportunities, as well as economics and the potential for business and investments. The page “Global.chinadaily.com.cn/latvia/” is in Chinese and was [...]

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Foreign Trade Turnover up 13,5% in January-June

By Latvia Today at 14 August, 2012, 10:41 am

In January – June 2012, foreign trade turnover value reached 7,189 billion lats – 13,5% or 857,8 million lats more than in the corresponding period of the previous year, according to the provisional data of the Central Statistical Bureau. Exports comprised 3,114 billion lats of the total turnover – an increase of 10,5% or 295,3 [...]

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July Sees a 0,5% Drop in Average Consumer Price Level

By Latvia Today at 14 August, 2012, 10:40 am

Compared to June 2012, the average consumer price level in July 2012 decreased by 0,5%, Central Statistics Bureau reports. The average prices of goods decreased by 0,7%, but of services rose by 0,1%. The greatest downward pressures on the prices in July were put by price drop for clothing and footwear, food and transport, while [...]

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Interest in Latvia’s Dual Citizenship Option is Huge in Foreign Countries

By Latvia Today at 13 August, 2012, 11:30 am

Latvia’s plan to provide a dual citizenship option has drawn huge interests among people of Latvian descent in foreign countries, but no estimates have been drawn up so far as to how many citizens of foreign countries might apply for Latvian passports after the adoption of the dual citizenship bill, Latvia’s Minister of Foreign Affairs [...]

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300 People Might Test Efficiency of New Mobility Allowances in Latvia in 2013

By Latvia Today at 13 August, 2012, 11:26 am

Some 300 people in Latvia will be able to test the efficiency of the so called mobility allowances that so far have drawn mixed response in society, Latvian Welfare Minister Ilze Viņķele said in an interview with public radio. The Welfare Ministry’s proposal to provide financial support for the jobless who want to move to [...]

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Industrial Production Output up 5,4% in June

By Latvia Today at 13 August, 2012, 11:24 am

Compared to June of the previous year, industrial production output in June 2012 increased by 5,4%, according to calendar adjusted data at constant prices. Industrial production output at current prices comprised 443 million lats, according to the data of the Central Statistical Bureau. Manufacturing had an increase of 8,1%, whereas in mining and quarrying as [...]

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Ministry of Foreign Affairs Defends Sufficient Funding for Cohesion in Brussels

By Latvia Today at 1 August, 2012, 11:53 am

On July 24, Foreign Ministry State Secretary Andris Teikmanis participated in a meeting of the General Affairs Council of the European Union (EU) that took place in Brussels. When discussing the European Commission revised proposal for the EU multiannual financial framework that is based on the latest macroeconomic data, the 15 states of the Friends [...]

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