Because of COVID-19 it has been decided to extend tax payments for companies in Latvia. The total amount of taxes under this change reaches EUR 145.49 million, according to data compiled by the State Revenue Service (VID). In nine months of 2020, 8,956 taxpayers were provided with 27,240 tax payment term extensions. Generally tax payment…
Since the beginning of the year, around 20 thousand new jobs have been created in Aktobe region, Aktobe region governor Ondasyn Urazalin has announced. According to Urazalin, in the current year, around 20 thousand new jobs have been created in the region, of which 11 thousand are permanent ones. 23 thousand persons have found employment…
According to Statistics Estonia (Statistikaamet), the consumer price index for October dropped by 0.5% MoM and by 1.5% YoY. Statistics Estonia analyst Viktoria Trasanov said that compared to October 2019, the consumer price index was affected the most by price decreases of motor fuel and plane tickets. “Diesel fuel prices dropped by 28.3% and gasoline…
Motor Sich Airlines has announced the resumption of flights on the Zaporizhzhia-Minsk route, according to the airline’s Facebook page. “Starting from December 13, Motor Sich Airlines will resume flights between Zaporizhzhia and Minsk. Flights will be operated on Mondays, Wednesdays, Fridays and Sundays,” the report reads. On weekdays, flights from Zaporizhzhia will depart at 06:45…
Ukrainian military have received a batch of RPO-16 jet infantry flamethrowers, the defense giant Ukroboronprom reports. The high-explosive effect of the RPO-16 shot is equivalent to an artillery shell, so the portable weapon is capable of destroying enemy manpower even in powerful shelters at a range of nearly one kilometer. The State Research Institute of…
Banks in Latvia are well prepared to overcome the COVID-19 crisis, chairperson of the Finance and Capital Market Commission (FKTK) Santa Purgaile has said. “Banks are in financially good health to overcome this crisis,” said the head of FKTK, adding that banks were strong and their liquidity was good. At the same time, Purgaile admitted…
Traveler numbers in Tallinn Airport in October were down to a tenth of what they were in 2019 with the number of flights from Estonia also down drastically, having reached a third of pre-crisis levels. In addition, air traffic services are set to lay off a quarter of their employees until year’s end. Recent increases…