Early returns from a national election in Latvia indicate that a majority is likely to approve the dissolution of Parliament in an attempt to stem rampant corruption between politicians and business, according to AP.
After the polls closed (...)
Latvians on Saturday overwhelmingly voted in favour of dissolving parliament in a referendum called to combat the power of oligarch businessmen, early results of the poll showed, according to Reuters.
A count of votes released on the Central (...)
Latvia's president on Saturday launched plans to dissolve parliament over its blocking of a corruption probe of a prominent lawmaker and businessman, according to Reuters.
His decision sets the Baltic state on course for a political crisis, just as (...)
Latvian Prime Minister Valdis Dombrovskis said Friday
that his country's method of tackling the global economic crisis
should serve as an example to other nations in financial trouble, in
particular eurozone members such as Greece and Portugal, (...)
The Baltic state of Latvia declared a state of
emergency in 40 municipalities Thursday as a result of heavy snowfall
causing severe disruption to transport and power supplies, dpa reported.
The decision was taken by Prime Minister Valdis (...)
Latvia's main political parties were running neck-
and-neck in opinion polls Friday, a day ahead of parliamentary
elections that officials hoped would run smoothly.
"All election materials have been prepared and distributed," dpa quoted (...)
The International Monetary Fund (IMF) said Thursday it
would pay Latvia the latest tranche of a multi-billion-dollar bailout
loan but warned that the Baltic state still faced "a number of
challenges" to get its recession-hit economy back on (...)
The prime ministers of Latvia and Estonia met in Riga
Friday to unveil a new report detailing 65 areas of possible future
economic, political and cultural collaboration, according to dpa.
Estonia's Andrus Ansip and Latvia's Valdis Dombrovskis (...)
Latvian Interior Minister Linda Murniece, criticized
for her handling of a computer hacking case, warded off a no-
confidence vote Thursday in the national parliament, according to dpa.
Following an hour-long debate, the parliament shot down (...)
There will be a festive mood in Latvia on May 4 as
the Baltic state of 2.5 million people marks 20 years since it
regained its freedom from the Soviet Union, dpa reported.
In the days leading up to the anniversary, the claret-and-white
striped (...)
Baltic leaders joined a chorus of condolences
Saturday following the death of Polish President Lech Kaczynski in a
plane crash in Russia, according to dpa.
"I have no words to describe my sorrow at receiving news of the
tragic plane crash this (...)
The crisis-hit Baltic state of Latvia said today it was investigating a data leak from its tax office, which public television reported involved millions of documents and the records of top politicians and businessmen, Reuters reported.
An (...)
Rating agency Standard and Poor's said today it was
upgrading its outlook on Latvia from "negative" to "stable," in a
move that finance minister Einars Repse said would bolster the
recession-hit Baltic state's investment appeal, according to (...)
The International Monetary Fund"s (IMF) top
representative in Latvia said Friday that the Washington-based lender
supported the Baltic state"s efforts to pass a make-or-break
austerity budget for 2010 next week, dpa reported.
David Moore, the (...)
Former Latvian President Vaira Vike-Freiberga says she is considering entering the race to become the European Union"s first president, according to AP.
The 71-year-old Vike-Freiberga says Latvia"s Prime Minister Valdis Dombrovskis asked her to (...)
Slovakia's Foreign Minister Miroslav Lajcak on
Thursday called an attack on his country's embassy in Budapest a
"criminal act" and criticised the Hungarian government's handling of
a diplomatic spat that erupted after Hungarian President (...)
The financially-troubled Baltic state of Latvia saw a
bail-out agreement with the International Monetary Fund (IMF) hit
trouble Monday when the largest of five parties in the ruling
coalition government said it was not ready to back the deal, (...)
The central bank in Latvia put its hopes for the euro on hold Today, admitting that the pan-European currency would not replace the lat as legal tender until 2014 at the earliest, according to dpa.
The prospect of large budget deficits in coming (...)
The three Baltic stock exchanges lost more ground
Thursday, continuing a bad week on the financial markets, according to dpa.
The NASDAQ OMX Tallinn exchange closed down 2.54 per cent, Riga
was down 3.82 per cent and the largest of the three (...)
Lithuania will refuse to close its Soviet-era
Ignalina nuclear power plant as planned unless the European Union
provides adequate compensation, Lithuanian Economy Minister Vytas
Navickas said on Thursday, according to dpa.
"Unless the energy (...)
Foreign ministers of the three Baltic nations
and the Benelux countries concluded a two-day mini-summit in Estonia
on Thursday with a call for continued dialogue with Belarus.
"We touched upon the latest developments in Belarus following (...)
Lithuania and Poland on Monday urged NATO foreign
ministers to offer Georgia and Ukraine a path to membership when they
meet to discuss Russia's military intervention in the Caucasus, according to dpa.
Polish President Lech Kaczynski and (...)
Estonia and Latvia on Wednesday criticized Russia's
decision to lift visa requirements for former Soviet citizens
residing in those countries, according to dpa.
Allowing visa-free travel to Russia for former Soviet citizens
living in Estonia (...)
Latvian Prime Minister Ivars Godmanis sustained a
fractured skull and concussion in a traffic accident Wednesday in the
capital, Riga, according to dpa.
Godmanis was taken to a hospital where he is expected to spend at
least a week and he is not (...)
German Foreign Minister Frank-Walter Steinmeier said
Tuesday he was confident a new EU-Russia partnership agreement can be
reached at a meeting of EU defence and foreign ministers in Brussels, according to dpa.
Steimeier's remarks came after his (...)
