Archive for the Category ‘Latvia’

Šlesers next PM if Par labu Latviju wins

Šlesers next PM if Par labu Latviju wins

RIGA — The question of who would lead the Par labu Latviju union should it triumph in the fall elections was revealed on Thursday to be Riga deputy mayor and Latvia’s First Party/Latvia’s Way head Ainārs Šlesers. The decision, not unexpected by many Latvian political analysts was made by a vote of the union’s electoral […]

IMF keeps hard line on Latvian budget

IMF keeps hard line on Latvian budget

RIGA — Is Latvia doing enough to cut its budget deficit? Austerity is never popular, especially in an election year. While the Dombrovskis government is promising no public sector wage cuts in the 2011 budget ahead of the vote this fall, the International Monetary Fund is adamant that the country needs additional fiscal consolidation. Latvia […]

Saeima candidates barred from running, KGB past

Saeima candidates barred from running, KGB past

RIGA — It appears a smattering of candidates running in Latvia’s fall parliamentary elections include former criminals and KGB collaborators. The country’s Central Election Commission decided Wednesday to bar five candidates from running cue to their criminal past, including Oļegs Posadkovs and Sergejs Špaks of the pro-Russian integration For Human Rights In United Latvia party, Sergejs […]

Dombrovskis changes tune on privatization

Dombrovskis changes tune on privatization

RIGA — While Latvia struggles to figure out how to implement the 400 million lats (€564 million) deficit reduction required by international lenders that bailed the country out in 2008, privatization has been kept of the table so far. Things have changed. After announcing last week that his government would not implement large-scale public sector […]

Riga canal plagued by beavers

Riga canal plagued by beavers

RIGA — Riga city officials are offering a cash reward for someone to come up with a solution to rid the canal of beavers, who are gnawing down trees and shrubbery in the adjacent park. While the beavers are less noxious than an infestation by Nosferatu’s plague rats, the Riga municipality said the damage they’re […]

On video: Riga canal plagued by beavers

On video: Riga canal plagued by beavers

RIGA — Riga city officials are offering a cash reward for someone to come up with a solution to rid the canal of beavers who are gnawing down trees and shrubbery in the park. Here’s a video of one of the beavers in action.

Will Diena buyout erode impartiality?

Will Diena buyout erode impartiality?

RIGA — The purchase of a majority stake of Latvia’s largest daily newspaper Diena by a Latvian businessman last week is sparking worries the ownership change will compromise the paper’s objectivity. The purchase of 51 percent of Dienas Medijii by businessman Viesturs Koziols, announced at a press conference on Thursday, with 49 percent remaining with […]

Jūrmala requests tax cut

Jūrmala requests tax cut

JŪRMALA, Latvia — The Jūrmala City Council announced this week that it will approach the Latvian parliament to ask to have real estate tax in the city reduced. Currently the tax scheme is favorable for large properties, while family homes are taxed at almost the same rate. Jūrmala Mayor Tomas Ražuks, who is a Lithuanian […]

Dombrovksis: no more wage cuts

Dombrovksis: no more wage cuts

RIGA — Latvian Prime Minister Valdis Dombrovskis promised that the government will not institute additional large-scale wage cuts to reduce its budget deficit as required by international lenders. After reducing public sector wages by 20 percent as part of wide-ranging fiscal consolidation measures, Dombrovskis said the required 400 million lats (€564 million) deficit reduction for […]

12 candidates for each Saeima seat

12 candidates for each Saeima seat

RIGA — Regardless of your opinion on Latvian politics, you can’t say voters won’t have plenty of choices this parliamentary election. Over 12 candidates will compete for every one of the 100 seats in Latvia’s parliament, while the latest polls suggest that the center-left Harmony Center remains the most popular party in the country. The […]

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