Posts tagged as government

Center to decide over launching coalition talks with Reform on Friday

Thursday, March 7, 2019

The Estonian Center Party is to decide on Friday whether it will launch negotiations with the Reform Party in order to establish a coalition, the news portal of the daily Postimees reports. Center Party chairman Juri Ratas said after meeting with Reform Party leader Kaja Kallas on Wednesday evening that the Center Party will take two days in order to think and will decide on Friday whether it will start…

China says higher 2019 budget deficit will spur growth, won’t open floodgates

Thursday, March 7, 2019

China’s decision to increase its budget deficit ratio to 2.8 percent this year from 2.6 percent in 2018 is appropriate for the economy, and leaves room for policymakers to maneuver, Finance Minister Liu Kun said on Thursday. But a proactive fiscal policy does not mean China will open the floodgates for stimulus, Liu said at a news conference on the sidelines of the annual parliamentary meeting in Beijing, reiterating past…

Latvian government approves 2019 budget

Wednesday, March 6, 2019

The Cabinet of Ministers approved draft law on Latvia’s budget for 2019 and decided to sent it to Saeima for adoption, reported LETA. In 2019, revenue in the government consolidated budget are planned at EUR 9.2 bn and expenditure at EUR 9.4 bn. In the government basic budget, revenue is planned at EUR 6.4 bn and expenditure at EUR 6.8 bn. In the government special budget, revenue is planned at…

What to know about Estonia’s March 3 general election

By Geert Wijngaert on Thursday, February 28, 2019

Nearly a million people are eligible to vote Sunday to choose Estonia’s 101-seat Riigikogu legislature, where the outgoing prime minister and his Center Party is pitted against the center-right opposition Reform Party. Both want to keep at bay a nationalist, far-right party with an anti-immigration, xenophobic and Euroskeptic agenda, which has increased its popularity since the last election in 2015. WHO’S RUNNING Ten political parties and 15 independents — totaling…

Estonia to mull joining international Biometrics Institute

Thursday, February 28, 2019

The Estonian government is to discuss at a meeting on Thursday a proposal to appoint the Ministry of the Interior as the managing body of membership rights in the non-profit Biometrics Insitute and to authorize the minister of the interior to conduct the activities required for membership in the institute, spokespeople for the government said.  The Biometrics Institute is a non-profic organization founded in Australia in 2001. The mission of the institute…

EU-British talks «constructive», while May’s party shrinks in UK parliament

Thursday, February 21, 2019

Following three British MPs leaving the ruling Conservative Party amid Brexit impasse, British head of government held more talks with the European Union that were constructive according to both Pirme Minister Theresa May and European Commission President Jean-Claude Juncker. American news agency AP reports that no breakthrough on United Kingdom’s demands over legally-binding changes to the so-called Irish backstop was announced from the dinner meeting at EU headquarters held on…

Another government but the same problem in Latvia

By Viktors Domburs on Tuesday, February 19, 2019

Latvia is on the brink of a social explosion. Latvian Prime Minister Krišjānis Kariņš’s statement cold serve as the impetus to it. In an interview with LNT’s programme 900 sekundes last week he said that “Latvia is currently unable to significantly raise the wages of teachers, because it would require either increasing the budget deficit or higher taxes.” This statement was made despite all promises to teachers made by the…

Latvian government decides not to position Latvia as regional financial services center

Tuesday, February 12, 2019

The Cabinet of Ministers on Tuesday decided to cross out the decision on positioning Latvia as the regional financial service center from the Financial Sector Development Plan. The government on Tuesday heard the Finance Ministry’s report on performance of the Financial Sector Development plan for 2017-2019 and the necessary changes. The Finance Ministry explained the decision to stop positioning Latvia as the regional financial services center with the changes in…

The U.S. And Russia Are Stocking Up On Missiles And Nukes For A Different Kind Of War

By Geoff Brumfiel on Friday, February 1, 2019

At a Russian base on the Baltic Sea, construction is underway to house a new generation of nuclear-capable missiles. Tent-like structures have popped up to shelter the mobile missile system, known as Iskander, which is capable of firing weapons with both conventional and nuclear warheads. Recent satellite imagery of the territory, known as Kaliningrad also shows that old buildings on the base are being demolished. “It really looks like the…

India government steps up rural funding, cuts tax in pre-election budget

Friday, February 1, 2019

India’s Hindu nationalist-led government pledged 750 billion rupees ($10.56 billion) to support farm incomes and reduced the tax burden for middle class voters on Friday, hoping to refind favor with its last budget before a general election. Prime Minister Narendra Modi is facing discontent over depressed farm incomes and doubts over whether his policies are creating enough jobs. With opinion polls suggesting that Modi’s Bharatiya Janata Party (BJP) could lose…