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'Critical state' Vanšu bridge could only see repairs in 2023
The rusty railings of the Vanšu Bridge in Rīga have been cordoned off for two years. However, the Rīga City Council is only planning to announce procurement for this and other bridge construction projects, meaning that real work could begin only in two years, Latvian Radio reported June 11.
Latvian central bank to issue 'Marriage' coin
It's not only the Saeima and Constitutional Court who are currently pondering the meaning or meanings of the word "marriage". Now the Latvian central bank (Latvijas banka, LB) is getting in on the act with a collector coin dedicated to matters matrimonial.
Restaurants hunt for staff after downtime
While it is customary that at the beginning of summer owners of restaurants and bars face a labor shortage with the opening of terraces, this year has turned out to be a whole hunt for employees, Latvian Radio reported June 10.
Unemployment rate down in May
At the end of May this year, the registered unemployment rate in Latvia reached 7.6 percent of the economically active population, down 0.3 percentage points from a month before, according to the State Employment Agency.
Figures suggest big boost in foreign trade during April
Provisional data published June 9 by the Central Statistical Bureau show that in April 2021 the foreign trade turnover of Latvia amounted to EUR 2.72 billion, which at current prices was 39.6 % larger than a year ago, of which the exports value of goods was 33 % higher, but imports value of goods – 45.7 % higher. In April Latvia exported goods in the amount of EUR 1.25 billion, but imported – in the amount of EUR 1.47 billion. Compared to April 2020, foreign trade balance has worsened as exports in total foreign trade amount decreased from 48.3 % to 46 %.
Annual inflation climbed to 2.6 % in May
Fresh data published June 8 by the Central Statistical Bureau (CSB) show that in May 2021, compared to May 2020, the average level of consumer prices in Latvia increased by 2.6 %, up fairly substantially on April's equivalent figure of 1.7 %.
Bank profits at EUR 52.321 million in first quarter
In the first quarter of this year, the Latvian banking sector worked on a profit of EUR 52.321 million, which is three times that of the corresponding time period of 2020, according to data published by the Finance and Capital Market Commission (FKTK), LETA reported June 8.
Tourism industry hopes for lift of 'unnecessary travel' ban
The biggest obstacle to the tourism sector in Latvia is currently a ban on entry for 'non-essential' reasons, and no influx of tourists can be expected until it is lifted, Santa Graikste, executive director of the Association of Hotels and Restaurants, told Latvian Radio June 8.
Train stations to be more accessible by other means of transport
The Ministry of Transport (SM) said June 4 that to encourage residents to choose the train more frequently for their daily trips, the Rīga and vicinity railway stations will be turned into "mobility points" with the financing of the Recovery and Resilience Fund.
Industrial output jumped in April
Data compiled by the Central Statistical Bureau (CSB) and released June 3 show that, compared to April 2020, in April 2021, industrial production output rose by 20.5 % (according to calendar adjusted data at constant prices). 
Average gross monthly wage tops 1,200 euros
Data published by the Central Statistical Bureau (CSB) June 1 show that in the first quarter of 2021 the average monthly gross wages and salaries for full-time work comprised EUR 1,207.
GDP declined 1.3 % in first quarter of 2021
Data compiled by the Central Statistical Bureau (CSB) and released May 31 show that in the 1st quarter of 2021, compared to the 1st quarter of 2020, gross domestic product (GDP) decreased by 1.3 % (according to seasonally and calendar non-adjusted data).
'Rail Baltica Academy' aims to provide express education
The Rail Baltica joint venture RB Rail AS has announced the continuation of its 'Rail Baltica Academy', a knowledge-sharing platform that provides a series of public lectures for students as well as for the general public across the Baltic countries.
Latvia saw retail revival in April
In April 2021 Latvia's seasonally adjusted retail sales grew 3.9 percent at constant prices against March 2021, the Central Statistical Bureau informed.
Shopping malls turn to Constitutional Court
Latvia's largest shopping centers have prepared applications for the Constitutional Court in regard to prohibition to work, the Real Estate Developers Alliance (NĪAA) said May 27.

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