Date: 28.08.2019.

International Internet Magazine. Baltic States news & analytics Sunday, 05.07.2020, 20:29

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Latvia: Corporate deposits have notably increased

Latvia: Corporate deposits have notably increased

28.08.2019

July saw a considerable rise in savings of domestic enterprises held on bank accounts. At the same time, household deposits also continued on an upward path; however, they posted a minor increase during the summer spending season.

Keyword tags: Banks, Deposits, Direct Speech, Financial Services, Latvia



Tartu named European Capital of Culture 2024

Tartu named European Capital of Culture 2024

28.08.2019

Tartu has won the bid to be Estonia's European Capital of Culture in 2024., informed Estonian Public Broadcaster ERR.

Over July, the turnover of retail trade enterprises decreased by 0.2% in Lithuania

Over July, the turnover of retail trade enterprises decreased by 0.2% in Lithuania

28.08.2019

Based on provisional data, in July 2019, the turnover (VAT excluded) of retail trade enterprises amounted to EUR 1 bn 70 mln at current prices, and against June 2019, seasonally and calendar adjusted, decreased by 0.2% at constant prices.


Low gas price has increased demand for services of Incukalns storage facility - Conexus

Low gas price has increased demand for services of Incukalns storage facility - Conexus

28.08.2019

As the price of natural gas has dropped to the lowest point in five years, demand for storing gas at the Incukalns underground gas storage facility has significantly increased in recent months, Zane Kotane, CEO of the Latvian gas transmission and storage operator Conexus Baltic Grid (Conexus), told LETA.

Construction of first Lidl store in Riga officially completed

Construction of first Lidl store in Riga officially completed

28.08.2019

The first store of German retail chain Lidl in Riga has been officially completed, LETA was told at the Construction State Control Bureau (BVKB).


28.08.2019

Survey: Coping of working Estonians has not improved despite wage growth

Despite rapid increases in wages, the economic coping of employees in Estonia has not improved according to estimates by people in employment, it appears from a study by wage information agency Palgainfo Agentuur and job classifieds portal CVKeskus.ee.

28.08.2019

Q2 avg pay in Estonia climbs 7.4% on year to EUR 1,419

According to Statistics Estonia, in the 2nd quarter of 2019, the average monthly gross wages and salaries increased by 7.4% compared to the 2nd quarter of 2018. The average hourly gross wages and salaries were 8.22 euros, which is 9% more than in the same quarter of 2018.

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