Date: 08.11.2017.

International Internet Magazine. Baltic States news & analytics Tuesday, 21.11.2017, 13:45

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Annual inflation in Latvia constituted 2.8% in October

Annual inflation in Latvia constituted 2.8% in October

08.11.2017

The latest data of the Central Statistical Bureau (CSB) show that during the year* (in October 2017, compared to October 2016) the average level of consumer prices rose by 2.8%. Prices of goods grew by 2.8% and prices of services by 2.9%.

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



Financial situation in the EU’s eurozone: urgent issues for 19 states

Financial situation in the EU’s eurozone: urgent issues for 19 states

08.11.2017

A number of topics were discussed during a regular Eurogroup meeting in early November 2017, including preparation for the Euro Summit at the end of 2017. Among the main issues among 19-members’ zone were banking union in general and its legal aspects, investment in human capital, fiscal policies and reducing debt levels.

Continental, Lithuanian government sign agreement on EUR 95 mln investment

Continental, Lithuanian government sign agreement on EUR 95 mln investment

08.11.2017

German automotive component giant Continental committed itself to investing 95 million euros in a new factory in Lithuania and the government pledged to assist the company and issue all the necessary permits in a timely manner under an agreement signed in Vilnius on November 8th, cites LETA/BNS.


Common issues for common efforts: Nordic-Baltic cooperation

Common issues for common efforts: Nordic-Baltic cooperation

08.11.2017

The heads of Nordic and Baltic countries governments, i.e. so-called NB8 meeting (5 Nordic and 3 Baltic States), discussed in Helsinki recently common regional concerns regarding security, energy markets, and hybrid threats, EU policies, trans-Atlantic relations, and cooperation with the UN. It seems that more cooperation among the three Baltic States is needed too.

Nord Stream 2 submits revised compensation concept

Nord Stream 2 submits revised compensation concept

08.11.2017

Nord Stream 2 AG has submitted a revised compensation concept to the Stralsund Mining Authority, the authority responsible for carrying out the permitting procedure and issuing the permit for the route of the Nord Stream 2 Pipeline in German coastal waters, reports BC Nord Stream’s press service.


08.11.2017

EBRD expects Latvia to show steepest economic growth in Central Europe, Baltics in 2017-2018

The European Bank for Reconstruction and Development (EBRD) has revised upwards its forecasts for the gross domestic product (GDP) growth in Latvia in 2017 and 2018, saying that the Latvian economy was likely to show the steepest growth in Central Europe and the Baltic region, informs LETA.

08.11.2017

US Hollister to launch construction on EUR 50 mln factory in Lithuania

Hollister, a US-based global manufacturer of medical devices and equipment, is on November 8th launching construction on a 50-million-euro production complex close to Lithuania's second-biggest city of Kaunas, informs LETA/BNS.

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