Date: 10.07.2017.

International Internet Magazine. Baltic States news & analytics Friday, 21.07.2017, 13:42

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In June, the average annual inflation in Latvia made 3%

In June, the average annual inflation in Latvia made 3%

10.07.2017

The latest data of the Central Statistical Bureau (CSB) show that during the year* (in June 2017, compared to June 2016) the average level of consumer prices increased by 3.0%. Prices of goods grew by 2.6% and prices of services by 4.0%.

Keyword tags: Analytics, Inflation, Latvia, Markets and Companies



Ostapenko beats Svitolina to advance to Wimbledon 1/4

Ostapenko beats Svitolina to advance to Wimbledon 1/4

10.07.2017

Latvia's tennis star Alona Ostapenko defeated Elina Svitolina (Ukraine) 6-3, 7-6 (8:6) in a fourth-round match at the Wimbledon Championships today to advance to the tournament's quarterfinals, informs LETA.

26% Latvians go on foreign trips despite having overdue payments

26% Latvians go on foreign trips despite having overdue payments

10.07.2017

As many as 26% of people in Latvia go on foreign trips, even though they have some overdue payments, according to a poll carried out by Swedbank's Institute of Finances, cites LETA.


In May, trade intensified in Estonia

In May, trade intensified in Estonia

10.07.2017

According to Statistics Estonia, in May 2017, the exports of goods increased by 15% and imports by 14% compared to May 2016. Trade growth was influenced the most by a significant increase in the exports and imports of mineral products.

Latvia, Kazakhstan interested in developing cooperation in forestry and space technologies

Latvia, Kazakhstan interested in developing cooperation in forestry and space technologies

10.07.2017

Latvian Foreign Ministry’s state secretary Andrejs Pildegovics and Kazakh deputy foreign minister Roman Vasilenko voiced interest in developing cooperation between both countries in forestry and use of space technologies, the Latvian Foreign Ministry reported LETA.


10.07.2017

EU rules for banks with capital shortfalls

In the Banking Union, whether a bank needs regulatory capital, the ECB makes a decision. However, there are cases of precautionary recapitalisation when banks are subject to strict conditions under EU’s banking framework, to ensure that the aid is provided on a precautionary basis, subject to final approval under EU state rules. EU measures taken after the end of 2008 provide for solutions to restore banks’ viability.

10.07.2017

Kazakhstan proposes developing joint logistics center with Latvia at Chinese-Kazakh border

Kazakhstan’s rail company Kazakhstan Temir Zholy (KTZ) has offered Latvia to develop a joint logistics center at the Chinese-Kazakh border, KTZ CEO Kanat Alpysbayev said while attending Transit and Logistics Week at Astana Expo 2017 today, informs LETA.

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