RIGA, Jan 13 (NOZARE.LV) - For successful implementation of the high-speed railroad project "Rail Baltica," it is of utmost importance that an 85 percent co-funding be secured from the European Union, and this is entirely feasible, Prime Minister Valdis Dombrovskis (Unity) and European Commission Deputy Chairman and Transport Commissioner Siim Kallas announced during a joint press conference today. Dombrovskis explained that the co-funding is an important precondition for implementation of "Rail Baltica". The prime minister also emphasized that it is necessary to improve "Rail Baltica's" provisional offer by connecting the Riga Airport with the city's port.

RIGA, Dec 29 (NOZARE.LV) - The Riga Airport will still remain the least expensive airport in the region, even though its new security fees, which will be introduced on January 1, are among the region's highest, the airport's board member Aldis Murnieks announced during a press conference today. "The Riga Airport is not concerned about losing its positions, since it still is the region's least expensive airport: the other fees charged by the airport are small," explained Murnieks.

RIGA, Dec 28 (NOZARE.LV) - Today, "Parex banka's" shareholders decided to refuse from the bank's license and amend its regulations in compliance with the new status, "Nozare.lv" was informed by the bank's representative Marita Ozolina-Tumanovska. "Parex banka's" new operating model will be implemented when the bank will receive permission from the Financial and Capital Market Commission. The bank's name will be changed.

LUXEMBOURG, Dec 19 (LETA) - Latvia's exports in the first nine months this year increased 33 percent from the same period last year, which was the fifth largest increase among the European Union member states, according to the EU statistical office "Eurostat" data. Exports grew 47 percent in Estonia, 46 percent in Malta, 42 percent in Greece and 35 percent in Lithuania. Bulgaria's exports increased as much as Latvia's, 33 percent. All the EU member states recorded increases in their exports in the first nine months.

On the occasion of the Danish EU Presidency The Royal Danish Embassy and the Danish Culture Institute is organizing a concert “Lakstigala” by world famous Danish recorder soloist Michala Petri and DR Vocal ensemble with conductor Stephen Layton performing works of Ugis Praulins and other authors. The concert takes place on Sunday, January 29 at 18:00 at the Great Guild, Riga Old Town. Hereby You are invited to this concert and the following reception afterwards. Please see the invitation enclosed. The DCCL will cover participation costs at the arrangement for its members. Thus, for You – it is free of charge. However, the number of seats is limited. Therefore You can sign up for the concert and the reception as follows:

Fastelavn Party for families with children

The DCCL is arranging a seminar "Is it worth to participate at the real estate auctions? & How to buy a real estate property avoiding problems?" on Thursday, February 23, 2012. The speakers: Anita Tamberga, ZAB „Tamberga & Partneri” and Ģirts Grīnbergs,SIA „Latectus”.