International Internet Magazine. Baltic States news & analytics
Tuesday, 28.03.2017, 16:52
Estonia climbed from ninth to sixth place on the Heritage Foundation and Wall Street Journal (WSJ) 2017 index of economic freedom published on Wednesday writes LETA/BNS.
Keyword tags: Analytics, Economics, EU – Baltic States, Good for Business, Rating
Hyperloop One views the Baltic region as an excellent market and believes that it would be easy to link up Estonia to the Hyperloop transportation link being built in Finland, Alan James, vice president of Hyperloop One, said LETA/BNS.
The average price of electricity in Nord Pool Spot's Lithuanian bidding area declined by 27% over the past year to 36.9 euros per megawatt-hour in January. M-o-m, the price climbed 6%, Litgrid said on Wednesday.
In 2016, 2.3 mln visitors were hosted at Latvian tourist accommodation establishments, which was 7.7% more than the year before. According to the latest data of the Central Statistical Bureau (CSB), the respective indicator has increased by 75 % from the 1.3 million hosted in 2010. As compared to 2015, the number of nights spent by visitors has increased by 7.5%. The average duration of a visitor's stay at an accommodation establishment was 1.9 nights.
Latvia’s economic growth will accelerate to 3.2% this year and 3.4% in 2018, according to the Finance Ministry’s forecast writes LETA.
There is a plan to test a container train route from the Indian city of Mumbai to Riga this year, Verners Lusis, CEO of LDz Logistika, said at a meeting of the Latvian Council of Ports, Transit and Logistics today.
The retail chain Coop Eesti may decide in March to close up to six stores in South Estonia that are suffering from the impact of cross-border trade, the news portal of public broadcaster ERR said.