International Internet Magazine. Baltic States news & analytics
Friday, 18.09.2020, 17:25
Swedbank economist: Construction volume decreased due to slowdown in building construction
26.11.2018he slightly lower growth in construction volume in the third quarter this year was caused by a slowdown in building construction in Estonia and a decrease thereof in foreign countries, Swedbank chief economist Tonu Mertsina said LETA/BNS.
Keyword tags: Analytics, Banks, Construction, Estonia
Lithuania's Small Planet Airlines says has found new investor
26.11.2018Lithuania's financially-troubled leisure carrier Small Planet Airlines expects that a new investor will help get its financial situation under control, informed LETA/BNS.
Luminor Bank AB fined for consumer credit advertising breach
26.11.2018The Board of the Bank of Lithuania has imposed a €150,220 fine on Luminor Bank AB for non-compliance with legislative requirements for consumer credit advertising, informed Bank of Lithuania.
Riga International Coach Terminal raises passenger turnover 3.3% in ten months
26.11.2018During the first ten months of this year Riga International Coach Terminal saw the number of passengers grow 3.3% compared to the same period in 2017 to 1,435,614 people, LETA was told at the coach terminal.
Estonia: Real estate developer Kawe to pay Norwegian owners EUR 6 mln
26.11.2018Real estate developer Kawe, which belongs to Norwegian investors, is to decrease its share capital by 6 mln euros and to disburse the funds to its owners, informed LETA/BNS.
EUR 642 mln necessary in coming three years to increase medics’ wages by 20% - Latvian Health Ministry's report
In order to increase medics’ wages by 20% in 2019, 2020 and 2021, in total EUR 641.6 mln are needed, according to the report prepared by the Health Ministry writes LETA.
Lowest wage growth globally in 2017 since 2008, wages in Latvia saw steepest rise among Baltic
Global wage growth in 2017 was not only lower than in 2016, but fell to its lowest growth rate since 2008, remaining far below the levels obtaining before the global financial crisis. Global wage growth in real terms (that is, adjusted for price inflation) has declined from 2.4%in 2016 to just 1.8% in 2017, said the International Labor Organization (ILO) in its annual Global Wage Report.
Post-covid: looking forward 
