Date: 25.05.2020.

International Internet Magazine. Baltic States news & analytics Sunday, 05.07.2020, 20:25

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FinMin: shadow economy in Lithuania has decreased impressively over the past years

FinMin: shadow economy in Lithuania has decreased impressively over the past years

25.05.2020

The scale of shadow economy in Lithuania has decreased impressively over the past several years, Finance Minister Vilius Sapoka has said attributing this progress to increased public consciousness, cites LETA/BNS.

Keyword tags: Analytics, Covid-19, Financial Services, Legislation, Lithuania, Shadow economy



Foreign tourists spend EUR 37 mln less in Estonia in Q1

Foreign tourists spend EUR 37 mln less in Estonia in Q1

25.05.2020

The number of foreign tourists that visited Estonia during the first quarter of 2020 was smaller by 21% than in the same quarter of 2019 and the tourists spent 184 million euros in Estonia, 37 million euros less than in the first quarter of last year, informs LETA/BNS.

Government set to decide in principle on merging FCMC with Bank of Latvia

Government set to decide in principle on merging FCMC with Bank of Latvia

25.05.2020

The government is set to decide in principle on merging the Bank of Latvia and the Financial and Capital Market Commission (FCMC) tomorrow, Prime Minister Krisjanis Karins (New Unity) told journalists following the weekly coalition meeting, cites LETA.


Latvia's real unemployment rate hit 9.2% in April

Latvia's real unemployment rate hit 9.2% in April

25.05.2020

Data of the Labour Force Survey conducted by the Central Statistical Bureau show thatin April 2020 actual unemployment rate comprised 9.2%, which is 1.3 percentage points more than in March.

Lithuanian Railways comes under fire for electrification tender, winner's reputation

Lithuanian Railways comes under fire for electrification tender, winner's reputation

25.05.2020

The actions of Lietuvos Gelezinkeliai (Lithuanian Railways, LG), Lithuania's state-owned railway company, have led to the delay and increase in the price of the railway electrification project, and the reputation of the tender's winner, a Spanish company, is raising doubt, according to the summary of an internal audit abstract published on May 25th, informs LETA/BNS.


25.05.2020

In April, the level of producer prices in Latvian industry remained the same

Data of the Central Statistical Bureau (CSB) show that, compared to March, in April 2020 the level of producer prices in Latvian industry remained the same for the second month in a row. Prices of products sold on the domestic market fell by 0.3%, but prices of exported products grew by 0.2%.

25.05.2020

HansaMatrix not to pay dividends from 2019 year's profit

HansaMatrix high-tech company has decided not to pay dividends from last year's profit, the company said in a statement to the Nasdaq Riga stock exchange on the decision made by its shareholders on May 22.

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