Posts published in Day: July 3, 2020

Latvian banks operated with EUR 17.4 mln in profit in Q1

Friday, July 3, 2020

The Latvian banking sector operated with EUR 17.438 million in profit in the first quarter of the year, which is a 4.2 times drop compared to the same period in 2019, writes LETA, according to the information from the Latvian financial regulator, the Finance and Capital Market Commission (FCMC). The banks’ aggregate assets contracted by 3.5% from the end of 2019 to EUR 21.724 billion at the end of the…

Lithuania took over Council of Baltic Sea States presidency

Friday, July 3, 2020

Lithuania on Wednesday took over from Denmark the one-year presidency of the Council of the Baltic Sea States (CBSS), Lithuania’s Foreign Ministry said. During its presidency, Lithuania will focus on sustainable development, especially in the areas of green economy; ecological and maritime tourism; civil protection, the fight against human trafficking for labor exploitation; and the prevention of violence against children. “The CBSS was established with the aim of fostering integration…

Epidemiologist Dumpis: main worry is importing new cases from abroad

Friday, July 3, 2020

With regard to COVID-19, the main cause of concern at the moment is the possible import of the virus from other countries, the Chief Infectologist of the Ministry of Health, Uga Dumpis, told Latvian Television July 2. He explained that the greatest risks are associated with people traveling to countries with a high incidence of COVID-19, such as Britain or Sweden. However, he said that it is also understandable that…

Latvia might introduce 5% health tax

Friday, July 3, 2020

The working group chaired by the Ministry of Finance (FM) for the review of the Latvian tax system is currently evaluating the possibility of introducing health insurance or health tax in Latvia at 5%, the Finance Minister Janis Reirs (“New Unity”) said on July 1. The minister said that by introducing a health insurance or health tax of 5%, the total labor tax burden would not change. This health tax…

French troops join NATO battalion in Lithuania

Friday, July 3, 2020

French troops are joining NATO’s multinational Enhanced Forward Presence battalion in Lithuania. “The first soldiers are arriving today,” French Ambassador to Lithuania Claire Lignières-Counathe told BNS on Friday. In total, France will deploy 300 troops in Lithuania for a six-month rotation. This marks the second deployment of French soldiers in the country since 2018.   NATO’s enhanced forward presence in the Baltic states and Poland was established in 2017 in…

Lithuania flies suspects and convicts from UK on military plane

Friday, July 3, 2020

Twelve suspects and convicts whose extradition had to be postponed due to the pandemic have been brought to Lithuania from the United Kingdom on a military plane, the Police Department said on Friday. “In view of certain disruptions of extradition caused by the pandemic, we had to decide how to speed up these processes. We have seen once again that we have reliable foreign partners, with whom we can address…

Saeima supports Law on International Schools

Friday, July 3, 2020

On Thursday, July 2, the Saeima supported the draft Law on International Schools in the final reading, Saeima representatives said in a media statement on July 2. The law aims to ensure access to general education for children of foreign and international organisations and persons in service, thus promoting the functioning of these institutions and organisations and international cooperation on economic, political and educational matters. The organizations concerned are particularly, the…

Plant wonders: Linden tea chase

Friday, July 3, 2020

The linden bloom time this year coincides with rainfall. Since tea is only harvested in dry weather, you must ready on your feet for the moment, said Raimonds Lignickis, owner of the Rūķīšu Tēja (Dwarf Tea) family company on July 1. The blooms are ready for harvesting when the budding has opened and the flower spreads the dizzying smell of readiness. The period of flowering and, consequently, tea harvesting, lasts only…

Three for the weekend: explore Riga in 3 different ways

Friday, July 3, 2020

This weekend, take some time to learn more about the neighborhoods of Riga: be it a fast-paced challenge, a peaceful tour or an informative exhibit! On July 5, get out for an active day in the legendary neighborhood of Maskavas Forštate, in teams or alone, with exploratory tasks along the way. Pay attention to what you don’t notice every day and find out more about places, people, and things around…

Latvian Green Point wants your plastic bags

Friday, July 3, 2020

Today, July 3, the Day Without Plastic Bags is taking place around the world, prompting people to opt out of buying plastic bags and support more nature-friendly packaging for their purchases. In order to draw the Latvian population’s attention to the huge consumption of plastic bags and to encourage it to be reduced, today, July 3, “Latvian Green Point” together with the supermarket network “Rimi” calls for everyone to give up…