The Baltic Course

Baltic States: Opinion Direct speech

The goods deficit widens as export growth slows

The goods deficit widens as export growth slows

07.12.2018.

Estonian exports of goods and services have grown more slowly in the first nine months of 2018 than in 2017, and imports have grown faster. Exports may have grown more slowly not only because growth in foreign demand has stalled, but also because price competitiveness and domestic economic activity have declined. The surplus on the current account in the first nine months of 2018 was 0.7% of GDP, which is notably less than the 2.8% recorded in the same months of 2017. The current account surplus has fallen because of the deepening trade deficit, which was 985.2 million euros in the first nine months of the year, or a third larger than it was a year earlier.

Keyword tags: Banks, Direct Speech, Economics, Estonia, Inflation


Round Table Round Table

Modern city: sustainability vs. “mega-projects” in Latvian development

Modern city: sustainability vs. “mega-projects” in Latvian development

06.03.2017.

Managing urban areas has been always one of the most important development challenges for city planners. During last decades, cities have been developed in a strictly “human & sustainable” way: everything for city’s dwellers! However, nowadays it’s easy to evaluate the “optimal city” –its development has to be in line with the sustainability concept adopted by the UN and in effect from January 2016.

Keyword tags: EU – Baltic States, Investments, Latvia, Real Estate, Round Table


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