Budget

International Internet Magazine. Baltic States news & analytics Tuesday, 23.05.2017, 08:05

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Bank of Lithuania submits position on necessary pension system reform

Bank of Lithuania submits position on necessary pension system reform

16.05.2017

The Bank of Lithuania, after conducting a study of the country’s pension system, states that, with no significant and immediate reforms undertaken, the future pensioners’ position will only deteriorate. The Bank of Lithuania is submitting a package of proposals that could change the situation if a long-term political agreement on the implementation of necessary measures is reached.

Keyword tags: Banks, Budget, Financial Services, Lithuania, Pensioners



Eurozone's smallest government sector debt in 2016 recorded in Estonia

Eurozone's smallest government sector debt in 2016 recorded in Estonia

24.04.2017

In 2016 the smallest government sector debt in the euro area was recorded in Estonia, where it totaled 9.5% of GDP, Eurostat reports.

Latvian budget accumulated surplus of 0.01% of GDP in 2016

Latvian budget accumulated surplus of 0.01% of GDP in 2016

21.04.2017

2016, the general government budget surplus accounted for EUR 3.4 mln or 0.01% of the Gross Domestic Product (GDP), whereas the general government consolidated gross debt amounted to EUR 10 038.3 mln or 40.1 % of the GDP, according to the results of the April 2017 Notification on General Government Budget Deficit and Debt1 compiled by the Central Statistical Bureau (CSB), which has been drawn up in line with the methodology of the European System of Accounts (ESA 2010).


Lithuania's govt sector posts 1st surplus budget in 2016

Lithuania's govt sector posts 1st surplus budget in 2016

05.04.2017

The budget of the Lithuanian government sector was surplus in 2016, according to preliminary estimates. Economist Gitanas Nauseda says this was the first time in 26 years when the sector's revenue exceeded the spending, citing LETA/BNS.

Latvian government-funded fertility treatment program has so far resulted in 790 births

Latvian government-funded fertility treatment program has so far resulted in 790 births

30.03.2017

A government-funded fertility treatment program in Latvia has resulted in 790 births since its launch six years ago, Evija Stalberga, a representative of the National Health Service, told LETA.


24.03.2017

General government debt in Estonia declined again

According to the preliminary data of Statistics Estonia, in 2016, the Estonian general government surplus was 0.3% and the gross debt level was 9.5% of the gross domestic product.

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