Date: 15.02.2019.

International Internet Magazine. Baltic States news & analytics Monday, 20.05.2019, 12:01

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Number of foreign visitors hosted at Latvian tourist accommodation establishments has grown by 8.2%

Number of foreign visitors hosted at Latvian tourist accommodation establishments has grown by 8.2%

15.02.2019

Latest data compiled by the Central Statistical Bureau (CSB) show that 2.81 million visitors stayed at Latvian tourist accommodation establishments in 2017, which is 9.0 % more than during 2017. Compared to the previous year, the number of nights spent by visitors increased by 8.4%, reaching 5.37 million. The average length of stay comprised 2 nights.

Keyword tags: Analytics, Baltic States – CIS, EU – Baltic States, Latvia, Statistics, Tourism



Unemployment has fallen to almost the same low level as in the economic boom

Unemployment has fallen to almost the same low level as in the economic boom

15.02.2019

Unemployment fell in the final quarter of last year to 4.4% in Estonia, which is the same low level as in the economic boom. As the unemployment figure has fallen however, so the indicators for the functioning of the labour market have improved.

Estonia: Haapsalu-Noarootsi ice road open for some 3 hrs before being closed due to thaw

Estonia: Haapsalu-Noarootsi ice road open for some 3 hrs before being closed due to thaw

15.02.2019

The Estonian Road Administration before noon on Friday opened this year's first ice road between the northwestern regional capital of Haapsalu and the Noarootsi peninsula but closed it approximately three hours later due to warm weather and a high traffic load, informed LETA/BNS.


Bank of Lithuania: ADB Compensa Vienna Insurance Group fined

Bank of Lithuania: ADB Compensa Vienna Insurance Group fined

15.02.2019

After assessing the inspection results of ADB Compensa Vienna Insurance Group, the Board of the Bank of Lithuania imposed it a fine of 20,000 EUR for violations of legal acts and disclosure of misleading information related to its financial condition in the supervisory reporting and financial statements, informed Bank of Lithuania.

Bank of Lithuania position on virtual assets and initial coin offering reflects changing market realities

Bank of Lithuania position on virtual assets and initial coin offering reflects changing market realities

15.02.2019

Taking into account current market developments and evolving regulatory regimes as well as seeking to ensure a level playing field for all financial market participants, the Board of the Bank of Lithuania has updated its position on virtual assets and initial coin offering. The position is intended for existing and potential financial market participants as well as entities intending to organise initial coin offerings or provide the possibility for Lithuanian investors to invest in this product type.


15.02.2019

Rail freight between Belarus and Latvia grows 29.2% last year

Last year, the total rail freight between Belarus and Latvia reached 30.1 mln tons, which is by 29.2% more than in 2017, Latvijas Dzelzcels railway company’s spokeswoman Ella Petermane reported.

15.02.2019

Bite Latvija will not suspend its partnership with Huawei

Despite the security scandals involving Chinese technology company Huawei in recent months, Latvian mobile phone operator Bite Latvija will not suspend its partnership with the company and will go forward with its plans to introduce a 5G network with the help of Huawei, Bite Lavija technical director Gints Butens told LETA.

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