Government
Police Starts Criminal Proceedings Over Situation at Latvian Savings Bank
By admin at 1 December, 2011, 6:37 pm
On November 22, the Latvian State Police started a criminal proceeding over the situation at Latvijas Krājbanka (Latvian Savings Bank), which has suspended provision of all financial services on the orders from the Latvian financial watchdog following troubles at its parent bank, Snoras in Lithuania, the Baltic News Service reported. Laura Pakalne, a spokeswoman for [...]
Read More >>Latvia to Ask Sweden to Help Recover Latvian Savings Bank Money
By admin at 1 December, 2011, 6:36 pm
The Latvian banking regulator, the Finance and Capital Market Commission (FKTK), will ask the Prosecutor General’s Office to seek assistance from the Swedish Economic Crime Authority in recovering Latvijas Krājbanka (Latvian Savings Bank) money that Russian businessman Vladimir Antonov, the ex-owner of Lithuania’s Snoras bank, has probably invested in his projects, FKTK head Irena Krumane [...]
Read More >>Dombrovskis Postpones Visit to Lithuania, Discusses Snoras/Krājbanka By Telephone
By admin at 1 December, 2011, 6:35 pm
Considering the decision of Lithuanian Central bank that was taken in the evening of November 24 to liquidate the nationalized bank Snoras, Prime Minister of Latvia Valdis Dombrovskis postponed his visit to Lithuania on Friday, November 25, when a meeting with Prime Minister of Lithuania Andrius Kubilius was scheduled. On the morning of November 25, [...]
Read More >>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 [...]
Read More >>President Bērziņš Calls for Broader Coalition, Nominates Valdis Dombrovskis
By admin at 25 October, 2011, 9:40 am
President of Latvia Andris Bērziņš met on October 19 with representatives of the reform and rule of law coalition – Valdis Dombrovskis, Valdis Zatlers, and Raivis Dzintars. They confirmed to the President that the model for the emerging governing coalition (50+6) has been preserved and that it is not possible to expand the coalition by [...]
Read More >>Āboltiņa Becomes Second Speaker in Latvian History Re-elected for a Second Term
By admin at 25 October, 2011, 9:38 am
On Tuesday, October 18, Solvita Āboltiņa was elected as the Speaker of the 11th Saeima; thus she has become the second Speaker of the Saeima in the history of Latvia who has been re-elected as Speaker after the election of a new parliament, reported the Saeima Chancellery press service. By a secret ballot, 51 MPs [...]
Read More >>Latvia’s Ex-President, Associates Establish Zatlers Reform Party
By admin at 26 July, 2011, 3:00 pm
Zatlers Reform Party (ZRP), named after former Latvian president Valdis Zatlers, was established at a foundation congress in Rīga on July 23 attended by 293 party members, reported BNS. At the congress, Zatlers was elected as leader of the party; he was the only candidate for the post. According to BNS, Zatlers Reform Party will [...]
Read More >>Outgoing President Zatlers Organizes Farewell Event, Tells People Not to be Afraid to Dream
By admin at 5 July, 2011, 3:24 pm
During his farewell event on the evening of Sunday, July 3, on an island in the Daugava River near the town of Koknese, outgoing Latvian President Valdis Zatlers told people that they should not be afraid to dream, reports BNS. According to BNS, despite heavy rain, several thousand people gathered at the garden memorial and [...]
Read More >>Latvian government’s long-term priorities: economic restructuring, jobs creation and improving competitiveness on global markets
By admin at 12 October, 2010, 3:32 pm
Today, Latvian Prime Minister Valdis Dombrovskis (New Era) presented new government formation priorities, principles and conditions to his coalition partners, as the premier’s press secretary Liga Krapane told reporters after the coalition’s meeting today. The new government’s long-term political goals and priorities will include sustainable economic growth, economic restructuring, creation of new jobs and improving [...]
Read More >>An Address by Latvian President Valdis Zatlers at the Parliament of Latvia
By admin at 30 June, 2010, 1:54 pm
Mr Speaker, members of Parliament, ladies and gentlemen: A few months from now, the 9th Saeima will become part of the history of parliamentarianism in the Republic of Latvia. Only as time passes by will we be able to take an objective look at the process and what has been done. At the same time, [...]
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