International Internet Magazine. Baltic States news & analytics
Tuesday, 26.05.2020, 12:47
SEB raises Latvian GDP growth forecasts for 2018, 2019
08.02.2018The Scandinavian banking group SEB in its latest Nordic Outlook has raised the forecasts for gross domestic product (GDP) growth in Latvia in 2018 and 2019, reports LETA.
Keyword tags: Analytics, Baltic, Economics, GDP, Markets and Companies
Riga airport shows 20% increase of passengers, 90% rise in cargos in January
08.02.2018Riga International Airport closed January 2018 with a 20% increase in the number of passengers while cargos grew by almost 90% compared to January 2017, writes LETA, according to the airport's preliminary data.
Rates for some deposits in USD will be raised in Rietumu Bank
08.02.2018Starting from 8 February the rates on the following types of deposits in USD on 3, 6 months and 1 year term will be raised: deposit, accumulative deposit, deposit with interest capitalization, deposit with periodic interest repayment, multicurrency deposit, deposit with overdraft facility, informed BC Rietumu Bank’s press service.
Aggregate value of real estate transactions was EUR 3.5 bln in 2017 in Estonia
08.02.2018The number of transactions on the Estonian real estate market in 2017 rose 9% to 63,115 transactions with a total value of over 3.5 billion euros=, informs LETA/BNS.
Revenue of Merko Ehitus up to EUR 317.6 mln in 2017
08.02.2018The revenue of the listed Estonian builder Merko Ehitus rose 26% year on year to 317.6 million euros in 2017, while net profit grew from 6.1 million euros in 2016 to 14.7 million euros last year, reports LETA/BNS.
Foreign tourists spent EUR 1.2 bln in Estonia in 2017
Foreign tourists are estimated to have spent some 1.2 billion euros in Estonia in 2017, which is 3% more than in 2016, the Bank of Estonia said, cites LETA/BNS.
Price of food-grade wheat in Latvia climbs 1% in December y-o-y
In December 2017, the price of food-grade wheat in Latvia was 1% higher than in December 2016 but still 17% below the average price in the past five years, writes LETA, according to the information from the Latvian Agriculture Ministry.
EU and the Baltics: assisting in crisis 
