Economics

International Internet Magazine. Baltic States news & analytics Saturday, 30.05.2015, 13:15

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In Q1, GDP of Latvia grew by 2% y-o-y

In Q1, GDP of Latvia grew by 2% y-o-y

29.05.2015

Data compiled by the Central Statistical Bureau (CSB) show that in the 1st quarter of 2015, compared to the 4th quarter of 2014, gross domestic product (GDP) at constant prices, according to seasonally adjusted data, rose by 0.3%. But, compared to the 1st quarter of 2014, GDP increased by 2.0%.

Keyword tags: Analytics, Baltic, Economics, GDP, Latvia, Markets and Companies



Competitive Circular Economy in Europe: a new developmental agenda for the member states

Competitive Circular Economy in Europe: a new developmental agenda for the member states

29.05.2015

The European Commission has opened a public consultation to collect views from citizens and businesses on the main policy options for developing an ambitious new approach on the “circular economy”. Stakeholders' input will help feed the preparation of the new European action plan, to be presented by the end of the year; the consultation will run until 20 August 2015.

Bank of Lithuania: weight of export in GDP is increasing in 2015

Bank of Lithuania: weight of export in GDP is increasing in 2015

28.05.2015

The importance of exports in services for Lithuanian trade has been growing in recent years, and with the growth of the need for analytical information on this sector, the Bank of Lithuania updated the published country's balance of payments statistical data and from now on it will publish information in accordance with the countries that are Lithuania's key partners in the service trade, the central bank said in a statement, cites LETA/ELTA.


Latvian Finance Ministry projects 2.1% growth in 2015; inflation forecast at 0.4%

Latvian Finance Ministry projects 2.1% growth in 2015; inflation forecast at 0.4%

26.05.2015

The Finance Ministry projects that Latvia's GDP will increase by 2.1% in 2015, while the inflation rate is forecast at 0.4%, informs LETA.

Hansson: financing new investments with government bonds would have been ineffective in Estonia

Hansson: financing new investments with government bonds would have been ineffective in Estonia

26.05.2015

For the Estonian economy as a whole, financing new investments with government bonds would most likely have been ineffective and counterproductive, even if the projects are good, said Ardo Hansson, president of the Bank of Estonia, LETA/Public broadcasting reports.

22.05.2015

Latvian EcoMin: employment to increase just a little in 2015

Employment will be growing slowly in Latvia in 2015, with the total number of employed persons increasing just 0.2%, the Economy Ministry says in its latest report "On the Macroeconomic Situation in the Country", informs LETA.

21.05.2015

Latvian Economy Ministry keeps GDP growth forecast at 2% for 2015

Latvia's gross domestic product may grow 2% in 2015, and inflation may reach 0.5%, the Economy Ministry predicts, cites LETA.

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