Articles of Interest
Nordea Markets: Latvia is moving towards brighter times
By admin at 7 September, 2010, 1:24 pm
Nordea Markets writes in its new economic outlook that the pick-up in Latvia’s economy has so far been fairly modest, but the cycle seems to have bottomed. Latvia’s economic recovery continued in Q2, with GDP growing quarter-on-quarter for the second consecutive quarter. Exports have so far been the main driver of the recovery, as expected, [...]
Read More >>Things To See In Riga, Latvia!
By admin at 24 August, 2010, 4:59 pm
Riga, the capital of Latvia is a very beautiful city, astonishing by it’s architecture and variety. The architectural inheritance of Germany can be clearly seen in the central part of the city, called “Old City”. There are lots of drinking establishments and restaurants and one of them to be mentioned is Lido. This is a network [...]
Read More >>Latvian Economy Contracts at Slowest Pace Since 2008 as Exports Increase
By admin at 9 August, 2010, 6:37 pm
Latvian economic output shrank at the slowest annual pace in two years in the second quarter as exports and manufacturing expanded. Gross domestic product fell 3 percent after a 6 percent decline in the first quarter, the central statistics office in Riga said in a flash estimate sent by e-mail today. The median estimate of [...]
Read More >>Latvia’s economy posts second straight quarter of growth
By admin at 9 August, 2010, 6:36 pm
RIGA, Latvia (AP) – Latvia’s economy, one of Europe’s most troubled, posted its second straight quarter of growth in the April to June period, the nation’s statistics office announced Monday. Economic activity in the second quarter increased a slight 0.1 percent compared with the first three months of the year, according to Latvia Statistics’ flash [...]
Read More >>Dombrovskis Says Latvia’s Austerity Program May Ease as Economy Recovers
By admin at 9 August, 2010, 6:34 pm
Latvia’s economic recovery may mean less austerity in next year’s budget, Prime Minister Valdis Dombrovskis said. “We are quite clearly on track as regards the state budget,” Dombrovskis said yesterday during an interview with Bloomberg Television in Riga, Latvia’s capital. “The bulk of the fiscal consolidation is already over.” Latvia’s economy is rebounding from last year’s 18 [...]
Read More >>Latvian capital Riga a draw for sophisticated young travellers
By admin at 2 August, 2010, 6:22 pm
At Riga’s opera house, a young conductor energetically conducts Latvia’s National Symphony Orchestra, an ensemble of remarkably fresh-faced players. The soloists — young Latvian opera singers — look like movie stars. Welcome to Riga, an emerging destination for young travelers on a budget. Until recently the Latvian capital was a destination mostly for touristy stag [...]
Read More >>Citadele will inspire people and businesses for development
By admin at 20 July, 2010, 3:18 pm
The brand of the new bank – Citadele, was presented on 1 July 2010. The new brand was created in order to inspire people and businesses for development and facilitate growth of this region. The new bank Citadele was established according to the decision of Cabinet of Ministers on restructuring of Parex banka. The new [...]
Read More >>The Wild Blue Yonder
By admin at 7 July, 2010, 5:04 pm
Most people don’t know that Latvia has mountains and even fewer know that they are blue. Actually, Latvia has several “Blue Mountains” on its landscape and even a popular play called “Blue Mountain Marta”. But only one of Latvia’s “blue mountains” can be seen from distant Estonia and is located in the Slītere National Park, [...]
Read More >>Prime Minister and Foreign Minister: Latvian law enforcement bodies have to do everything not to allow desecration of World War Two victims’ memory
By admin at 2 July, 2010, 1:28 pm
Prime Minister Valdis Dombrovskis and Minister for Foreign Affairs Aivis Ronis are in a quandary and concerned over the decision of 29 June of the Administrative District Court to annul the decision of the Riga City Council not to allow to commemorate on 1 July at the Freedom Monument the Riga liberation from the USSR [...]
Read More >>Into Thin Error: Mountaineer Ed Viesturs on Making Mistakes
By admin at 30 June, 2010, 2:13 pm
There’s a select number of places on earth where you really, really don’t want to make a mistake. High on the list, in every sense, are the planet’s tallest mountains: the 14 peaks in the world that are more than 8,000 meters (26,247 feet). Widely acknowledged as one of the world’s greatest mountaineers, Ed Viesturs [...]
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