Thu, 22 Apr 2010: Baltic States’ sacrifices pave way for recovery…

However, results for this year will likely halt the decline in the GDP of Lithuania and Latvia, while Estonia expects to register a return to modest economic growth. Analysts were particularly im...

Wed, 30 Jan 2008: Latvia posts record surplus, but hard-landing scenario still plausible…

The consolidated budget last year posted a surplus of 94 million lats (133.7 million euros), or 0.7 percent of GDP, the State Treasury announced. In a press statement, Finance Minister Atis Slak...

Wed, 25 May 2005: Minister proposes reducing VAT on food…

Consumer prices in Latvia this April grew 1 percent over March and 6.9 percent from April 2004. There are concerns that inflation will continue at the same rate and spark a rise in natural gas pri...

Wed, 18 May 2005: Analysts promote idea of lowering income tax…

Of course, consumption will grow, but this is not something one should worry too much about if we look at how low we stand in all categories of consumption," he said. He agreed that a lower person...

Thu, 18 Mar 1999: Social tax collection lower than expected…

Experts have said the shortfall in the collection of social tax was due to a reform of social tax collection. The reforms have meant social tax collection was carried out on a different day of the...

Thu, 26 Nov 1998: Coca-Cola against excise tax on packs…

Producers don't have to pay excise tax on packaging which is up to 40 percent reusable. Westerberg complained that the law will cost the company a lot of money because it will have to repurchase a...
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