Posts tagged as economy

Expert: Latvia suffers from catastrophic labour force deficit

Tuesday, April 3, 2018

In the last three years, the number of foreign students in Latvia has grown 80%. Foreigners study in universities in Riga and other regions. Their contribution to Latvia’s state economy is estimated around EUR 150 million. Turība University’s Development and International Cooperation deputy rector Imants Bergs emphasizes that the contribution of foreign students for the state budget would be considerably larger if they were allowed to work more than 20…

Latvia’s prime minister open for talks regarding MPC system’s liquidation

Tuesday, March 20, 2018

RIGA – Prime Minister Māris Kučinskis is prepared to discuss the possible liquidation of the mandatory procurement system, but not for all businesses at the same time. On Monday, 19 March, Kučinskis mentioned in an interview to LTV Rīta panorama that he is of two minds on this matter, saying that he has heard arguments in favour of the system’s adoption and its liquidation. He sees no future in keeping…