Posts published in Day: April 19, 2021

e-Residency scheme sees state take record €17.5 million tax revenue in 2020

Monday, April 19, 2021

Tax take from Estonia’s e-residency system rose by around a third on year to 2020, state agency Enterprise Estonia reports, a record year in terms of direct economic impact since the system was launched in 2014. Companies set up by individuals all over the world who are registered e-residents paid in close to €17.5 million to Estonian state coffers in 2020. Lauri Haav, e-Residency programme Managing Director, says the results…

The United States cannot survive the corruption of its leaders and the insouciance of its people

By Paul Craig Roberts on Monday, April 19, 2021

The United States military was sent into Afghanistan two decades ago on the basis of a lie. The warmonger neoconservative George W. Bush regime lied to the American people, to US soldiers, and to the world that Osama bin Laden was responsible for the attacks on the World Trade Center and the Pentagon, that bin Laden was hiding in Afghanistan, that the Afghans would not turn him over to stand…

2027 Capital of culture candidates: Daugavpils

Monday, April 19, 2021

Riga’s stint as European Capital of Culture back in 2014 was a tremendous opportunity for the capital to flaunt its creativity, beauty and vitality. In 2027, another Latvian city will be given this honour, and no fewer than nine regional centers have thrown their hats into the ring. In the lead up to the big decision in June, Riga-based journalist and tour guide Philip Birzulis examines the cultural credentials of each…

Estonia sees slower inflation than Europe on average in March

Monday, April 19, 2021

Estonia registered annual inflation of 0.9 percent in March, which is a lower figure than the inflation of 1.3 percent registered for the euro area and 1.7 percent registered for the European Union on the average. In February 2021, inflation in the euro area was 0.9 percent. In March a year earlier, it was 0.7 percent. European Union annual inflation was 1.3 percent in February. In March a year earlier,…

Estonians bought alcohol in Latvia less frequently last year

Monday, April 19, 2021

Last year, Estonians were less eager to purchase alcohol in Latvia, according to an analysis carried out by the Estonian Institute for Economic Research, Latvian Radio reported April 17. The drop in shopping is mainly due to the reduction of excise duty in Estonia, as well as partly to the travel restrictions created by the pandemic. Only 23% of Estonia’s population had purchased alcohol in Latvia last year. That is the lowest…

Latvian Post to offer storage services to e-commerce suppliers

Monday, April 19, 2021

As the volume of e-commerce shipments increases and the proportion of large-sized shipments and cargo increases significantly, Latvian Post (LP) has started using additional premises and will offer storage services, LP said in a release April 19. Since e-commerce is more active in the context of the Covid-19 pandemic, the number of large-scale shipments has increased significantly, for which the capacity of the existing shipment processing and sorting complex was…

Estonian Central bank: COVID-19 has shown importance of integration, cooperation

Monday, April 19, 2021

New opportunities for Estonian businesses have emerged during the COVID-19 crisis as global supply chains get shorter and become more regional, said Governor of the Bank of Estonia (Eesti Pank) Madis Müller at a conference on economic security on Wednesday. Müller said there is a global trend in shortening the supply chains for the production of critically important products and components. “The strength of the Estonian economy comes not from…

OGAE Poll 2021: Germany awards 12 points to Lithuania

Monday, April 19, 2021

The annual Eurovision fan prediction poll is well underway. And the next club to deliver their votes in the OGAE Poll 2021 is OGAE Germany, who award their douze points to Lithuania’s The Roop. This is the second set of 12 points for The Roop, pushing “Discoteque” up to joint second position overall. The club of 73 voters named Switzerland’s Gjon’s Tears their second favourite. The current poll leader picks up…

Positive trends in car market observed in Latvia

Monday, April 19, 2021

March has come with positive news in the auto market – the number of cars sold has climbed by a third compared to last March, Latvian Radio reported April 17. Moreover, the activity is also evident in the new car segment, not just used ones, which were popular during tight restrictions as people needed a means of transportation with no extras. Corporate client deals are also gradually increasing. Meanwhile, traders smile at government rules…

Latvia receives batches of Pfizer and Moderna vaccines

Monday, April 19, 2021

On Sunday, April 18, and Monday, April 19, Latvia has received more doses of Moderna and Pfizer vaccines. 20,400 doses of Moderna vaccines were delivered Sunday and 11,700 doses of Pfizer vaccines were delivered Monday. Vaccines will be channeled for administering to four priority groups that have been receiving vaccines so far: medics, people over 60, people with chronic diseases, people living with severely ill children and caring for severely ill people,…