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Political parties inching towards agreement on pro...
Political parties inching towards agreement on property tax
Social Democrat Party Chairman Algirdas Butkevicius says tax is for social justice....
KLAIPEDA - With the Latvian government’s decision to implement a property tax from next year, Lithuanian political parties and the government itself are ardently arguing over the necessity, terms and size of the much-anticipated real estate tax for Lithuania. It seems that all major parties are tending towards agreement over the necessity of the property tax, however, heated discussions as to whether it should be applied only to costly properties or to every private home and apartment, thus becoming a common annual tax, are flaring up. The property tax introduction has become a hot issue p...  Full story...
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 Nov 04, 2009 - Lithuanian entrepreneur making ethics a personal b...
Lithuanian entrepreneur making ethics a personal business
VILNIUS - The gleaming towers of Vilnius’ new business district give the appearance of a confident and dynamic metropolis. And the refurbishment may be more than just skin-deep, heralding a new way of doing business in the country. Arminta Saladziene personifies this different approach. With an office in the heart of the glass-and-steel Lithuanian Wall Street, the 35-year old president of NASD...
 Nov 04, 2009 - Airline giant considers Riga for latest hub...
Airline giant considers Riga  for latest hub
RIGA - Thanks to the significant surge in passenger numbers at Riga International Airport, Europe’s biggest low-cost airline Ryanair is considering establishing a base in the Latvian capital, says airline sales and marketing manager Laszlo Tamas, reports news agency LETA. He pointed out that the passenger turnover for the airline at the Riga Airport will soon reach 850,000 passengers per year. T...
 Oct 28, 2009 - Slesers running roughshod over the city...
Slesers running roughshod over the city
RIGA - Riga Deputy Mayor Ainars Slesers (Latvia’s First Party/Latvia’s Way) has ordered the Riga City Council to draw up a contract to lease a section of the city’s riverfront, from Vansu Bridge to Akmens Bridge, to the company P.V.B. for a period of 12 years for the construction of several floating wharves to serve as platforms for entertainment, reports news agency LETA. No public tenders or d...
 Oct 28, 2009 - Not so fast for that fast credit ...
Not so fast for that fast credit
KLAIPEDA - Are you feeling the credit crunch? Is your bank turning up its nose at your good credit history? What many have done in this situation is to simply pick up the phone and send an SMS to apply for a quick consumer loan; alternatively, one can walk to the nearest post office and fill out a quick credit application. This easy money could soon end, however, as, nudged by the European Uni...
 Oct 22, 2009 - Estonians claim Latvia is risky business...
Estonians claim Latvia is risky business
TALLINN - Estonian businessmen who expanded their operations to Latvia during the economic boom years are now losing millions from their investments, reports news wire bbn.ee. The Estonians say that fraud is everywhere and debts from their Latvian customers are rising. Speaking at a recent conference in Tallinn, Tallinna Kaubamaja Group owner Juri Kao estimated that Estonian businesses may have ...
 Nov 04, 2009 - Leave of absence without retention ...
Section 149 of the Labor Law sets out the right of an employee to annual paid vacation, which technically cannot be shorter than four calendar weeks, ...
 Nov 04, 2009 - Company briefs...
Passenger traffic at Riga International Airport for the first nine months this year reached 3,064,900, a 9.2 percent increase from the same period las...
 Nov 04, 2009 - What not to do in a marketing campa...
RIGA - What was designed to kick off an advertising campaign by Swedish mobile phone company Tele2 fizzled out as it hit the ground. An elaborate publ...
 Oct 28, 2009 - Company briefs...
The EU Agriculture and Fisheries Council will increase the cod-fishing quota for Estonia in the Baltic sea while reducing the Baltic herring and sprat...
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