Posts published in Day: March 26, 2021

Insurance companies earned 72% more last year than in 2019

Friday, March 26, 2021

The financial outcome of insurance companies’ activities in 2020 was positive, with all six insurance companies ending the year with profits, Financial and Capital Market Commission (FKTK) said March 26. Total profits in 2020 amount to €53.4 million, which is €22.5 million or 72.6% more than in 2019, according to FKTK. At the end of 2020, six insurance companies were registered in Latvia and insurance services were provided by branches…

Small stores could open in Latvia as of April 7

Friday, March 26, 2021

At the government meeting on Friday, March 26, a four-step plan of gradually loosening restrictions proposed by the crisis management council. The government conceptually agreed that after the end of the official state of emergency on April 6, some restrictions could be lifted regarding retail and education. The decision will still have to be taken next week. Prime Minister Krišjānis Kariņš, after hearing experts in various fields, acknowledged that the…

Big Cleanup to take place April 24

Friday, March 26, 2021

As of March 26, it is possible to sign up for the Big Cleanup which will take place April 24, said said Nikola Matjušenko, the organizer of the event. The Big Cleanup is taking place for the 14th consecutive year in Latvia. In view of assembly restrictions, it is called upon residents to take on individual cleanups rather than participate in major organized ones, with a slogan “Each separately, but…

76 persons have flown in from third countries during the week

Friday, March 26, 2021

A week since the renewal of flights to and from third countries, 76 travelers have arrived in Latvia, Latvian Radio reported March 25. Flights to two third-country destinations, Minsk in Belarus and Kiev in Ukraine, have now been renewed. 76 travelers have flown in from these countries during the week and 49 have flown out, said Laura Kulakova, spokeswoman for Rīga International Airport. She pointed out that other airlines also…

Hi-tech wheelmaker relocating production from Russia to Latvia

Friday, March 26, 2021

A manufacturer of state-of-the art automotive components used by companies including Tesla, Rimac and General Motors is relocating its production from Russia to Latvia, it said in a press release March 25. Rīga-headquartered SMW Wheels has contracts with record-breaking Rimac Automobili and Engler FF and is now working on new wheels for General Motors and on the next iteration of wheels for the renowned Tesla Roadster. The original wheels for the famous space-travelling Roadster, scheduled for series…

Film director Frumin awarded Latvian citizenship

Friday, March 26, 2021

Film director and screenwriter Boris Frumin was awarded Latvian citizenship by the Saeima on March 25. Minister of Culture Nauris Puntulis (National Alliance) had proposed the move, which comes following the success of Frumin’s scenario for the hit feature film “Blizzard of Souls”. Frumin (now Boriss Frumins), who is an  associate professor   at the Tisch School of Arts in New York, USA, was born in Rīga in Soviet-occupied Latvia in 1948, where he also began his…

Latvia works on introducing ‘green travel certificate’, says minister

Friday, March 26, 2021

Latvia is working on the introduction of the so-called digital green certificate, with the aim of facilitating travel at least within the European Union (EU), said Environment Minister Artūrs Toms Plešs on Latvian Television March 25. Last week, European Commission proposed to introduce a  Digital Green Certificate to facilitate save movement within EU during the Covid-19 pandemic. The certificate would be proof that the person has been vaccinated against or received…

Saeima rejects initiative on euthanasia legalization

Friday, March 26, 2021

On Thursday, March 25 after a long debate, the Saeima rejected the “ For Good Death ” initiative, which called for the legalization of euthanasia in the event of terminal diseases. 49 members voted in favor of rejection, 38 against, two abstained. At the beginning of February, the public initiative portal Manabalss.lv collected the necessary 10,000 signatures on an initiative to legalize euthanasia in Latvia. Previously, the citizens’ initiative on euthanasia…

118 Belarusian officials added to Latvia’s entry blacklist

Friday, March 26, 2021

Foreign Minister Edgars Rinkēvičs has decided to ban 118 citizens of the Republic of Belarus from entering Latvia indefinitely. The decision was coordinated with the Foreign Ministries of Estonia and Lithuania and coincides with ‘Freedom Day’ on 25 March to commemorate the declaration of independence by the Belarusian Democratic Republic on that date in 1918 and the current efforts of democratic forces in Belarus to break free from Alexander Lukashenko’s…

EU approves Estonia’s €9.9 million state aid tourism support package

Friday, March 26, 2021

The European Commission has approved Estonia’s €9.9 million aid plan for tourism companies and sectors directly affected by the coronavirus wave. The plan was approved on the basis of the temporary framework for state aid and the funds will be disbursed in the form of direct payments, according to the European Commission Representation in Estonia. Eligible for support are accommodation, travel and catering enterprises as well as stores selling craft…