Date: 18.01.2018.

International Internet Magazine. Baltic States news & analytics Saturday, 24.02.2018, 12:07

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22.1% Latvia’s population at risk of poverty

22.1% Latvia’s population at risk of poverty

18.01.2018

Data of the survey conducted by the Central Statistical Bureau (CSB) in 2017 show that 425 thousand persons or 22.1% of Latvia population were at risk of poverty (1) in 2016 – 0.3 percentage points less than in 2015. Equivalent income of this part of the population were below 330 euros monthly.

Keyword tags: Analytics, Financial Services, Latvia, Society



Latvian business angels invest EUR 15.4 mln in various projects in 2017

Latvian business angels invest EUR 15.4 mln in various projects in 2017

18.01.2018

In 2017, Latvia’s private investors or business angels supported various business projects with investments worth EUR 15.4 million in total, with EUR 2.9 million of this amount invested in 34 startups, writes LETA, according to information released by the Latvian Business Angel Network (LatBAN).

Nordica is not legal successor of Estonian Air

Nordica is not legal successor of Estonian Air

18.01.2018

Jaan Tamm, CEO of state-owned Estonian Airline company Nordic Aviation Group operating under the Nordica brand, said that Nordica is a viable company and that it is not the legal successor of Estonia's former national airline Estonian Air, informs LETA/BNS.


Capital of Latvia's private pension funds grows 14.2% in 2017

Capital of Latvia's private pension funds grows 14.2% in 2017

18.01.2018

In 2017, Latvia's private pension funds increased their aggregate capital by EUR 53.863 million or 14.2% to EUR 434.459 million, writes LETA, according to the information from manapensija.lv portal.

Lithuania's annual growth of housing prices bigger than EU's in Q3

Lithuania's annual growth of housing prices bigger than EU's in Q3

18.01.2018

Housing prices in Lithuania grew by 8.5% in the third quarter of 2017 year-on-year, which made the growth among the biggest in the European Union, figures from the EU statistics office Eurostat showed on Thursday, cites LETA/BNS.


18.01.2018

Liepaja port raises cargo turnover by 16% in 2017

The Liepaja port in south-western Latvia reloaded 6.589 million tons of cargo last year, which is a 16% rise from 2016,writes LETA, according to the management of the Liepaja Special Economic Zone (SEZ).

18.01.2018

Smuggled cigarettes account for 19.6% of Lithuania's market

The 2017 growth of the amount of illicit tobacco products in Lithuania was the biggest over the past five years, with smuggled cigarettes accounting for nearly a fifth of the cigarette consumption level, according to an empty pack survey carried out by Nielsen, cites LETA/BNS.

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