Date: 16.12.2019.

International Internet Magazine. Baltic States news & analytics Sunday, 09.08.2020, 02:30

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Latvia: In 2018, household disposable income increased by 11.7%

Latvia: In 2018, household disposable income increased by 11.7%

16.12.2019

Results of the survey conducted by the Central Statistical Bureau (CSB) in 2019 show that, compared to 2017, in 2018 household disposable income1 increased by 11.7%, reaching 546 euros per household member monthly. For the second year in a row, the growth rate of population income has been above 10% (11.8% – in 2017).

Keyword tags: Analytics, Financial Services, Latvia, Quality of life, Statistics



Estonia: Working international students and graduates contributed over 10 mln euros in taxes

Estonia: Working international students and graduates contributed over 10 mln euros in taxes

16.12.2019

Statistics Estonia prepared an analysis for Archimedes Foundation on the participation of international students in the Estonian labour market and its impact on the economy. It appeared that in the previous academic year, foreign students paid eight million euros in income and social tax in Estonia. International students who graduated the year prior contributed additionally over two million euros. The share of international students who work besides studying has increased significantly in the last three years. A half of them continue working in Estonia even after receiving a diploma.

1 in 5 cigarettes smoked in Lithuania is smuggled - survey

1 in 5 cigarettes smoked in Lithuania is smuggled - survey

16.12.2019

Smuggled cigarettes account for 21.3% of Lithuania's tobacco product market, up by 2 percentage points compared with a year ago, according to the latest empty pack survey by Nielsen referred LETA/BNS.


Companies' low capitalization, large shadow economy, legislative issues impeding lending - Bank of Latvia

Companies' low capitalization, large shadow economy, legislative issues impeding lending - Bank of Latvia

16.12.2019

- In Latvia, lending remains weak because of companies' low capitalization, large shadow economy and persistent judicial issues, Bank of Latvia Governor Ilmars Rimsevics said at his end-of-term news conference referred LETA.

Latvenergo power utility signs EUR 100 mln agreement with NIB

Latvenergo power utility signs EUR 100 mln agreement with NIB

16.12.2019

Nordic Investment Bank (NIB) and Latvian power utility Latvenergo have concluded a 15-year loan agreement of EUR 100 mln to finance Latvenergo Group’s investments in electricity distribution network, BC was told at NIB.


16.12.2019

Bill on dissolution of Riga City Council lacks legal foundation - State Chancellery

The Environmental Protection and Regional Development Ministry's bill on dissolution of the Riga City Council, which has been submitted to the Cabinet of Ministers, lacks sufficient legal foundation, believes the Legal Affairs Department of the State Chancellery, reported LETA.

16.12.2019

Coalition decides to set up new state-owned company Ventas Osta

To deal with an emergency in connection with Freeport of Ventspils operations, the coalition today decided to set up a new state-owned joint stock company that would take over the rights, obligations and functions of the Freeport of Ventspils, informed LETA/BNS.

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