Presented research on the benefits for the Latvian economy from the Presidency of the Council of the European UnionCreated on 12.12.2014.
Today, 12 December, KPMG Baltics SIA presented its research "Assessment of the impact of the Latvian Presidency of the Council of the European Union on the Latvian economy" (in Latvian). It was assessed in the research that the total benefit for the Latvian economy from the Presidency of Latvia of the Council of the European Union during the first half of 2015 will amount to 64.5 million Euro. The Presidency will ensure tax revenue increase, promote employment, increase resident income, positively affect tourism development and improve the professional capacity of the staff of state institutions.
"Presidency is an opportunity to define and change the country’s role in the EU. For the Latvian government the Presidency is a special European calling and a mission. As the presiding country Latvia will be put on the political map for EU citizens and governments from outside the EU – particularly since it belongs to the group of smaller and newer members," - in the introduction of the analysis of the Latvian Presidency states Trans-European Policy Studies Association (TEPSA) which traditionally presents recommendations to the incoming presidencies.
Conference of Presidents of the European Parliament (EP) are meeting today with the Latvian officials in Riga to discuss the incoming Latvian Presidency of the Council of the European Union (EU), scheduled for the first half of 2015. The Conference met with the Latvian Prime Minister Laimdota Straujuma and the government ministers this morning. The officials discussed the priorities of the Latvian Presidency: competitive, digital and engaged Europe.
On Wednesday, December 3 in Brussels, during a bilateral meeting, Prime Minister Laimdota Straujuma and President of the EC Jean-Claude Juncker discussed the priorities of the Latvian presidency, as well as the action needed to ensure successful implementation of a new Investment Plan for Europe during the presidency, and in order the economies and residents of the EU countries would feel real benefits as soon as possible.
While preparing to take over the tasks of the presidency of the Council of the European Union, the Prime Minister of Latvia Laimdota Straujuma and ministers will pay a working visit to Brussels on 3 December. Joint work session between the College of Commissioners and the Cabinet of Ministers of the Republic of Latvia as well as several bilateral meetings of the Prime Minister of Latvia and the other ministers are planned during the visit.
Conference of Presidents of the European Parliament will visit Latvia on 3-4 December, 2014 to discuss the upcoming Latvian Presidency of the Council of the European Union with Latvian officials. The delegation will include the President of the European Parliament Martin Schulz, for whom this will be the first visit to Latvia.