International Internet Magazine. Baltic States news & analyticsThursday, 09.09.2010, 15:48
Foreign trade deficit of Lithuania fell by 90% in December 2009
09.02.2010Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in December 2009 amounted to LTL 3.7 billion, while imports – LTL 3.8 billion. Foreign trade deficit of Lithuania amounted to LTL 0.1 billion, which is by 90% less than in the same period in 2008. Data on trade with EU countries were adjusted after VAT returns data had been received.
Keyword tags: Analytics, Baltic Export, Foreign trade , Lithuania
Latvia’s GDP growth comprised 2.4% in Q4 compared to Q3
09.02.2010In the 4th quarter of 2009 compared to the same period of 2008 gross domestic product (GDP) value has decreased by 17.7%, according to flash estimate of the CSB*. Compared to the 3rd quarter of 2009, GDP growth comprises 2.4%.
Foreign trade of Latvia decreased by 31.4% in 2009
09.02.2010In December 2009 the total foreign trade turnover at current prices reached 701.3 mln lats – less by 1.8% or 12.9 mln lats than a month before and less by 15.5% or 129.0 mln lats than in December last year, according to provisional data of Central Statistical Bureau. In 2009 foreign trade turnover value reached 8,205.3 mln lats – less by 31.4% or 3,751.3 mln lats than in 2008.
Used books' stores in Lithuania look forward to the bright future
09.02.2010Lithuania's sellers of second-hand books were operating successfully in 2009, although in overall the crisis has affected the editing industry, Lithuanian Television reports. Turnover of Lithuania's bookshops last year decreased by at least one fifth, and this year improvement is not predicted on this market.
Lithuania takes actions to adopt euro in 2014
09.02.2010Prime Minister Andrius Kubilius says that the Government takes actions so that Lithuania could adopt the euro in 2014 as it is predicted.
Government of Latvia agrees on course of future budget preparation
Latvia’s government today agreed on the measures that would be carried out in order to ensure the fiscal consolidation of the state budget for the following two years. The government's decision foresees that by May 25, the Ministry of Finance in cooperation with the Bank of Latvia and the Ministry of the Economy will prepare a medium-term macro-economic development and fiscal policy framework for 2011-2013. It is planned that this document will be examined by the government's Reform Management Group by June 18 and then forwarded to the government.
Helsinki summit: Baltic leaders under pressure to save sick sea
Russia's Prime Minister Vladimir Putin and other leaders from around the Baltic Sea – Estonia, Denmark, Norway, Latvia, and Lithuania hold a summit in Helsinki on Wednesday under growing pressure to clean up one of the world's most polluted seas.
Free movement of services: additional consultations in the EU
