International Internet Magazine. Baltic States news & analytics
Friday, 22.02.2019, 16:54
What will happen to retirement economy in the Baltic States
19.01.2017The new term "retirement economy", as no other one, characterises realities not only of the modern labour market, but also of the world economy. The adverse demographic situation in the Baltic States allow speaking about the inability of the present retirement system for future pensioners. Besides low birth rate it is necessary to mention substantial out-migration of able-bodied population to other countries with good working opportunities. The adverse demographic situation and labour migration are the basis of pessimism and non-confidence of the population, especially of the youth, in the state retirement system.
Keyword tags: Economic History, Economics, EU – Baltic States, Financial Services, Labour Unions, Latvia, Pensioners
Lithuanian watchdog probes possible abuse of dominant position by Swedbank
19.01.2017The Lithuanian Competition Council (LCC) has launched a probe into whether or not Swedbank, one of the country's biggest banks, has abused a dominant position, reports LETA/BNS.
Riga and Minsk to make joint bid for hosting 2021 World Ice-Hockey Championship
19.01.2017Latvian capital Riga and Belarus capital Minsk will make a joint bid for hosting the 2021 World Ice-Hockey Championship.
Benin-based cheats defrauding Estonians of money with offers of unsecured loan
19.01.2017Six people who have lost money to cheats offering big unsecured loans via social media websites and by e-mail have turned to the Estonian police this year, informs LETA/BNS.
Government of Uzbekistan sums up results for 2016 and determines yearly priorities at the extended session
19.01.2017On 14 January an extended session of the Cabinet of Ministers, dedicated to comprehensive analysis of the results of social-economic development of the country in 2016 and determining the most important directions and priorities of economic and social program of the government in 2017 was held in Tashkent.
Improvement of business environment and attraction of investments among top priorities of combating shadow economy in Latvia
The American Chamber of Commerce (AmCham) together with Stockholm School of Economics in Riga held a seminar in the AmCham Outlook series to discuss the shadow economy and its impact on Latvia’s business environment on January 18 at the Stockholm School of Economics in Riga, AmCham representatives informs BC.
Estonia's Eesti Energia might sell oil shale technology to Morocco
Morocco might be interested in the knowhow of oil shale studies and services of the Estonian state-owned energy company Eesti Energia, and it is possible that the company would also sell the Enefit technology to the country to process oil shale, reports LETA/BNS.
EU economy’s future: slow but positive growth
