International Internet Magazine. Baltic States news & analytics
Sunday, 26.05.2013, 02:45
Ministry of Economy of the Republic of Poland says that in the first half of 2012 Poland's export to Lithuania exceeded EUR 1 billion. The export growth rate is 14.5% year-on-year.
Keyword tags: Analytics, EU – Baltic States, Export, Foreign trade , Lithuania, Markets and Companies
In the Autumn Session the Seimas in Lithuania considers to approve a new draft law of Agriculture and Forestry services under a service receipt and it's accompanying legislative amendments.
Maternity, paternity and parental benefit ceilings will be doubled in 2013 in Latvia, according to amendments to the Law on Payment of State Allowances during the Time Period from 2009 to 2014 and the Law on State Social Allowances supported by the government today. The final decision on the amendments will be made by Saeima.
"It is obvious that there will be no wonders regarding direct payments to farmers, and the payments will not be equal in all European Union member states," said Albert Dess, visiting European Parliament (EP) member who sits on the EP Committee on Agriculture and Rural Development.
Finland is ready to share its euro introduction experience with Latvia, Finnish Ambassador to Latvia Pirkko Mirjami Hamalainen pointed out during an introductory meeting with Latvian Foreign Minister Edgars Rinkevics (Reform Party) today.
Year on year employers solvency index (DIX ) which measures the total debt of employers to the State Social Insurance Fund Board under the Ministry of Social Security and Labor (SoDra) decreased by 13.5%, whereas the total State's employers debt year-on-year (from 2011 to August 23, 2012) went down by 8.2%, from LTL 224.7 million (EUR) to LTL 206.8 million (EUR).
According to the SEB Group's economists, the economic growth of the Baltic Sates in 2013 will be fuelled by domestic demand, but Lithuania, Latvia and Estonia will see the potential increase of Gross Domestic Product (GDP) only in 2014, therefore the unemployment rate will be declining slowly.