Posts tagged as borrow

Financing sports in Ventspils – borrow money under rules but spend how you want

Saturday, June 8, 2019

This spring, Ventspils City Council released a misleading report that funding of EUR 1.5 million for the construction of a new swimming pool was denied because of the letter sent by opposition deputies to Saeima’s Education, Culture and Science Committee’s Sub-Committee for Sports. In it, opposition deputies question the use of funding allocated for sports. Not it has become known that part of the funding was used in breach of…

Latvians’ ability and willingness to borrow grew steeply in 2018

Tuesday, April 30, 2019

Latvians’ ability and willingness to borrow grew steeply last year, showing the fastest rise in three years, shows the private individuals’ segment of the lending index draw up by the Finance Latvia Association. The association’s representatives noted that private individuals’ ability and willingness to borrow showed strong rise in 2018, with the respective indices growing by 15 points to 123 points and by nine points to 111 points. Meanwhile, the…