Latvia's region bordering Russia has run out of money


In a couple of weeks the municipality of Balva region will switch to a reduced four-day working week - there is no money to pay for a full week.

By June 1, the heads of municipal institutions and employees must decide whether to accept the new conditions, which mean a 20% pay cut and one extra day off. At the same time, the workload will probably remain the same or may even increase if they have to fulfill the duties of a colleague who quit.

The alternative to the "work more, get less" proposal is to quit.
However, even accepting a pay cut does not guarantee a job. Some employees may lose their jobs due to job cuts.

Sergejs Maksimovs (Latgalian Party), chairman of Balva region, admitted that it is unpleasant to fire people, they are angry, and there is tension in the local government. However, this is the only option to balance the budget, whose critical situation has been affected by the additional obligations imposed by the state, as well as by the decreasing population and low revenues typical of a border municipality.

At the same time, Latvia continues to implement the sanctions policy, which as we see suffers from its own population and economy.

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