The number of third-country (non-EU) nationals seeking Latvian residency permits via expensive property purchases has declined significantly, reports Latvian Radio's Madara Fridrihsone.
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About €150,000 has been defrauded from the Riga housing management company Rīgas Namu Pārvaldnieks (RNP) through fake job contracts, the State Police said on April 19.
The cabinet on April 11 decided not to buy the Lielie Kapi (Great Cemetery), a historic cemetery in Riga.
The head of Latvia's financial regulator, the Financial and Capital Markets Commission (FKTK) told Latvian Radio February 16 that some of the country's banks needed to change their business models.
On Wednesday over 200 people protested by the Latvian Saeima against the plan to scrap the so-called micro-enterprise tax that provides a lower tax rate to small companies, reported LSM.
The Finance Ministry and the Financial and Latvia's financial regulator, the Capital Markets Commission (FKTK), are pondering the introduction of a new charge on banks carrying out high risk deals involving non-resident transactions, reported Latvian Radio Friday.
A total of 967 families have been granted loans within the government-backed mortgage program for families with children, reported Latvian Radio Sunday.
The Riga City Vidzeme District Court has ruled that the the news portal Tvnet pay the Latvian National Opera and Ballet (LNOB) €129,873 over defamation, reported Latvian Radio Wednesday.
Enthusiasts have launched an initiative mapping the busiest cycling routes in Rīga with the ultimate goal of influencing where future cycling trails are built, reported Latvian Radio Friday.
Today Saeima passed legislation providing for the restitution of five pre-war properties in the final reading, reported Latvian Radio Thursday.
Saeima today approved the Public Utilities Commission's council member Rolands Irklis as the new chairman of the organization, reported LETA Thursday.
Last year the banking sector in Latvia posted profits of €416m, which is €105m more than in 2014, according to data by the Financial and Capital Markets Commission (FKTK), reported LSM's Latvian-language service Thursday.
The State Revenue Service (VID) will review the work of high-level employees at the Finance Police and the revenue service and offer suggestions on how to get rid of dishonest employees.
The Latvian parliament is due to review - and most likely to accept - amendments to the Act for Preventing the Legalization of Criminally Acquired Funds, making banks monitor politically exposed clients, that is, people tied to individuals carrying political clout, Latvian Radio reported last Wednesday.
The Greens and Farmers Union (ZZS), National Alliance, and Unity have reached an agreement over ministry portfolios and areas of responsibility in the new government. The vote on the new government could take place on February 11, reported LSM's Latvian-language service Wednesday.
The second level or state-invested pension plan brought almost 2% in profits, reported Latvian Radio Thursday.
Latvian Prime Minister Laimdota Straujuma (Unity) said in her party's faction meeting Thursday morning that she's ready to step down from her post, Unity faction leader and chairwoman Solvita Āboltiņa told journalists after the meeting. However, Straujuma's spokeswoman Aiva Rozenberga denied that the PM is planning to step down.
The case of Laila Brice, which has sent waves across the media and has come drawn the attention of Latvian politicians, is by far not the only case when Latvians who have moved abroad face serious problems with social services for children's rights violations. Social services are most often unhappy with the way children are treated in Latvian families in the United Kingdom, reported Latvian Radio Monday.
The Cabinet of Ministers has approved the state budget for 2016 and the mid-term budget for the next three years, Latvian Radio reported on Tuesday.
On Tuesday the Cabinet of Ministers decided to break the contract with the Prudentia consulting firm that was tasked with finding an investor to the airBaltic national airline, reports Madara Fridrihsone from Latvian Radio.
The economic crisis, municipalities' unwillingness to house gambling houses in their territory, and growing taxes have contributed to the decline of the industry in Latvia. The Latvian Radio program Indicative mood (Īstenības izteiksme) looked into whether the gambling industry is set to shrink further and what factors could influence it.
As road traffic safety remains one of Latvia’s most deadly social problems, the suburbs near Riga have gradually become among the country’s most dangerous places to drive, reported Latvian Radio Thursday.
The baggage handling complex at the Riga International Airport (RIX) hasn’t yet been formally put into operation due to objections by the state Fire and Rescue Service (VUGD), but that hasn’t stopped daily passenger luggage from being handled there already on a continual basis for a long time now.