International Internet Magazine. Baltic States news & analytics
Friday, 26.04.2024, 11:49
Latvian electricity price rose 9% last week
17.02.2020The average wholesale electricity price in Latvia and Estonia rose by 9% last week to EUR 29.81 per megawatt-hour (MWh), LETA was told at Latvenergo energy company
Keyword tags: Energy, Energy Market, Latvia
Estonia: Favorte developing EUR 12-15 mln commercial quarter in Mustamae
17.02.2020Property developer Favorte is developing a new business quarter in the Tallinn suburb of Mustamae for an investment of 12 mln to 15 mln euros, informed LETA/BNS.
Infringement procedures: referring EU states to the Court of Justice
17.02.2020The European Commission usually sends initially a letter of formal notice to a member state violating the EU legislation, which is followed by a reasoned opinion and finally bringing “the case” to the Court of Justice. This time it was, for example, Portugal for taxation issues and Italy concerning access to genetic resources from non-EU countries.
Latvia: "First shift" of manufacturing subsectors getting tired
17.02.2020In the circumstances of weakening external and domestic demand, manufacturers continue with their attempts at conquering export markets and the hearts of local consumers.
Estonia: The labour market is in a good position
17.02.2020The labour market was in an extraordinarily good place in the fourth quarter of 2019, as unemployment remained low at 4.1% and employment was up 0.4% over the year. The data do indicate though that the labour market is cooling.
In 2019, number of visitors hosted at Latvian tourist accommodation establishments has grown by 1.6%
Latest data compiled by the Central Statistical Bureau (CSB) show that 2.85 mln foreign and Latvian visitors stayed at Latvian tourist accommodation establishments in 2019, which is 1.6% more than in 2018.
Latvian ambassador to Russia notes positive trends
"Russia is still a significant economic cooperation partners for Latvia. I believe that with a clear stance and self-respect we should continue development of these relations also in the future," said Latvian Ambassador to Russia Maris Riekstins in an interview with the Latvian public television today.
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