The Baltic Course

Baltic States: Opinion Direct speech

Latest projection of the Bank of Lithuania: Given economic acceleration and average wage will rise more than prices

Latest projection of the Bank of Lithuania: Given economic acceleration and average wage will rise more than prices

21.03.2017.

Having assessed the gradual pick-up in domestic economic activity and the improving situation of Lithuanian manufacturers in relevant foreign markets, the Bank of Lithuania projects that this year the economy will expand by 2.6%, while its growth rate next year will reach 2.8%. Wage growth, estimated to stand at 6.1% in 2017 and 5.7% in 2018, will outstrip the rising inflation rates. Such projections for economic and wage growth are higher than expected and announced at the end of last year.

Keyword tags: Analytics, Banks, Direct Speech, Economics, Wages


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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