Date: 05.06.2020.

International Internet Magazine. Baltic States news & analytics Sunday, 05.07.2020, 19:39

1 ..2 ..3
In April, the number of visitors in Latvian hotels fell by 93.6%

In April, the number of visitors in Latvian hotels fell by 93.6%

05.06.2020

Accordingly data of the Central Statistical Bureau, in April 2020 the number of foreign and resident visitors comprised 13.2 thousand, which is 93.6% less than in April 2019. As compared to April of the previous year, the number of nights spent by visitors has reduced by 86.6% and comprised 53.7 thousand nights.

Keyword tags: Analytics, Baltic States – CIS, Covid-19, EU – Baltic States, Latvia, Tourism



Interactive map of Jewish cultural heritage in Lithuania created

Interactive map of Jewish cultural heritage in Lithuania created

05.06.2020

An interactive map of the Jewish cultural heritage in Lithuania has been created, Jewish Heritage Lithuania said on June 5th, cites LETA/BNS.

Ventspils oil terminal to cut its share capital by EUR 65.275 mln

Ventspils oil terminal to cut its share capital by EUR 65.275 mln

05.06.2020

Ventspils Nafta Terminals (VNT), a stevedore of Ventspils Nafta holding, will cut its share capital by EUR 65.275 million in order to cover the loss of the previous years, writes LETA, according to Firmas.lv business database.


Central bank: Lithuania's economy will shrink 9.7% in 2020

Central bank: Lithuania's economy will shrink 9.7% in 2020

05.06.2020

Lithuania became one of the economies in May 2020 with the fastest rate of return back to normal as growing residential mobility allows to believe that a major part of internal demand will get back to normal, and the situation in the labor market is also showing signs of stabilization, Vitas Vasiliauskas, board chairman of the central Bank of Lithuania, says, cites LETA/BNS.

Bank of Latvia projects GDP to fall 7.5% in 2020

Bank of Latvia projects GDP to fall 7.5% in 2020

05.06.2020

The Bank of Latvia has revised its gross domestic product forecast for Latvia in 2020 downward from -6.5% in its March forecasts to -7.5%, informs LETA.


05.06.2020

Free movement between Poland, Baltics to be restored next week

Free movement between Poland and the Baltic states will be resumed next week, Lithuanian Prime Minister Saulius Skvernelis has announced on June 5th, cites LETA/BNS.

05.06.2020

Bank of Estonia: The effect of the crisis is that labour shortages will be replaced by shortages of jobs

At the end of the first quarter of this year the coronavirus crisis hit the global economy, including Estonia, and had a major impact on the labour market. Demand for labour fell at companies that were hit most by the crisis, as economic activity was hindered by restrictions introduced in Estonia and in other countries. Fear of infection by the virus also affected people’s behaviour. This meant the ability of companies to produce goods and services suffered a blow, while demand for those goods and services fell at the same time.

1 ..2 ..3

Search site