Economics

International Internet Magazine. Baltic States news & analytics Sunday, 01.03.2015, 14:29

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In 2014, gross domestic product rose by 2.4% in Latvia

In 2014, gross domestic product rose by 2.4% in Latvia

27.02.2015

Data compiled by the Central Statistical Bureau (CSB) show that in 2014, compared to 2013, GDP at constant prices grew by 2.4%. Gross domestic product at current prices comprised 24.1 bln euro, in the 4th quarter of 2014 – 6.5 bln euro.

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



MFA: Latvia could join OECD in spring 2016

MFA: Latvia could join OECD in spring 2016

27.02.2015

Latvia could join the Organization for Economic Co-operation and Development in the spring of 2016, the Foreign Ministry's State Secretary Andrejs Pildegovics said during a conference organized by the Financial and Capital Market Commission, writes LETA.

OECD: Latvia needs to improve public sector efficiency and prevent of possible "bubbles"

OECD: Latvia needs to improve public sector efficiency and prevent of possible "bubbles"

25.02.2015

Improving Latvia's competitiveness requires higher productivity, more efficient public sector, and prevention of possible "bubbles" in the economy, informs LETA, according to the first Survey of Latvia prepared by the Organization for Economic Cooperation and Development (OECD).


Bank of Latvia urges government to "warm up" economy

Bank of Latvia urges government to "warm up" economy

24.02.2015

The economic activity in Latvia is declining, which is why the Bank of Latvia urges the government to be careful with expenditures and to implement measures in order to "warm up" the economy, informs LETA.

16% Lithuanians see country's economy’s improvement

16% Lithuanians see country's economy’s improvement

23.02.2015

Assessing their household's and Lithuania's financial situation throughout the last two months, people's opinion changed little in January 2015. There were more pessimists than optimists, although nearly half of the polled said they had not noticed neither positive nor negative changes, informs LETA.

19.02.2015

Latvian business owners pessimistic about growth prospects in 2015

Businessmen are rather pessimistic about the growth opportunities in 2015, according to a survey of the heads of Latvia's largest companies carried out by PricewaterhouseCoopers, as the company's CEO and Chairwoman of the Foreign Investors Council in Latvia, Zlata Elksnina-Zascirinska said in an interview with the LNT show "900 sekundes" this morning, cites LETA.

18.02.2015

General downfall of Russia's economy will pose great risk to Lithuanian economy

On February 17th, Prime Minister Algirdas Butkevicius attended a discussion with analysts from Lithuanian banks and shared economic insights, reports LETA/ELTA.

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