Date: 05.10.2018.

International Internet Magazine. Baltic States news & analytics Monday, 17.12.2018, 05:49

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Amounts of money transferred cross-border through Estonian banks

Amounts of money transferred cross-border through Estonian banks

05.10.2018

The value of cross-border transactions made by customers of Estonian banks is not exceptionally high in international comparison. The value of international payments initiated in Estonian banks in 2008-2015 was 3.1 times the GDP of Estonia, which is a similar ratio to those of Belgium, France and Finland, and behind that of Germany for example, informed Bank of Estonia.

Keyword tags: Analytics, Banks, EU – Baltic States, Financial Services



Swedbank: Estonia's inflation to slow down to 3% in 2019

Swedbank: Estonia's inflation to slow down to 3% in 2019

05.10.2018

Inflation in Estonia will decelerate to 3 percent next year as a result of the halting of price increases in energy, Liis Elmik, senior analyst at Swedbank, said commenting on September inflation data.

Latvia, Japan agree on possibility to launch direct flights

Latvia, Japan agree on possibility to launch direct flights

05.10.2018

The Latvian Transport Ministry and Japan’s Land, Infrastructure, Transport and Tourism Ministry have signed a protocol on cooperation in aviation that provides for a possibility to launch direct flights between both countries, the ministry’s spokesman Aivis Vincevs reported.


Inflation is staying high this year in Estonia

Inflation is staying high this year in Estonia

05.10.2018

Data from Statistics Estonia show the yearly growth in consumer prices to have accelerated further in September. The largest contributors over the year have been the prices of motor fuels and electricity. Inflation has also been boosted this year by dry weather in late summer, which is now affecting the prices of garden produce.

Baltics keen to test self-driving cars on Via Baltica

Baltics keen to test self-driving cars on Via Baltica

05.10.2018

Estonia, Latvia and Lithuania intend to cooperate to equip the Via Baltica highway with a 5G network to develop novel transport systems and test self-drivig cars, among other things, reported LETA/BNS.


05.10.2018

PRFoods merges 2 subsidiaries for greater efficiency

Two subsidiaries of the listed Estonian food trading group PRFoods signed a merger at the beginning of October to improve efficiency of the group, PRFoods told the stock exchange Friday.

05.10.2018

Two types of central bank digital currency: which one is better for monetary policy?

The digital world around us is evolving rapidly. Not so long ago we used phones just for calling people, while financial services were provided at banks, not even at internet banks, and we couldn't imagine it could be otherwise.

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