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Latvia stands very good chances of meeting the Maastricht criteria for euro adoption in March 2013, Latvian Finance Minister Andris Vilks told journalists on Wednesday. The minister said that Latvia is continuing along its strategic path to euro adoption in 2014 and the country stands very good chances of meeting the Maastricht criteria in March [...]
Saeima upheld in the first reading the legislative amendments providing for reduction of the standard value-added tax (VAT) rate to 21% from July 1 this year and gradual lowering of personal income tax from January 1, 2013, till 2015. The 100-member Latvian parliament upheld the bill about lowering personal income tax with 94 votes for [...]
On Thursday, May 17, at the Saeima (Latvian parliament) sitting, Prime Minister of Latvia Valdis Dombrovskis emphasized that the implemented fiscal discipline and promotion of economic competitiveness has yielded results – Latvia has regained confidence of the international financial markets and investors. The future priorities are economic development, investments and export. “One of the success [...]
President of Latvia Andris Bērziņš began a working visit to the United States on Friday, May 18, by visiting City Hall in the city of Chicago for a meeting with Mayor Rahm Emanuel. The two officials discussed ongoing processes in Europe and the world, aspects of expanding economic co-operation between Latvia and the United States, [...]
UN Independent Expert to Visit Latvia
- 15. mai 16:14
From 14 to 18 May, Latvia hosts the visit from Dr. Cephas Lumina, United Nations Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, particularly economic, social and cultural rights. The Independent Expert has indicated that the objectives of his [...]