International Internet Magazine. Baltic States news & analytics
Tuesday, 30.09.2014, 08:55
Ernst & Young lowered in the fresh Eurozone economic forecast the economic growth forecast for Estonia and the Eurozone as a whole, reports LETA.
Keyword tags: Analytics, Economics, Estonia, EU – Baltic States, GDP, Markets and Companies
The eurozone's Economic Sentiment Indicator (ESI) fell to 99.9 in September, as compared to 100.6 in August 2014, the European Commission said on Monday, cites LETA/DPA.
The Chinese economy comprised about 12.3% of the world total in 2013, according to the National Bureau of Statistics (NBS) on Sunday.
Weaker lending in Latvia is threatening to slow down economic growth even more, Bank of Latvia President Ilmars Rimsevics told members of the press on September 26th, informs LETA/Nozare.lv.
The Bank of Latvia predicts that Latvia's gross domestic product (GDP) in 2014 will increase by 2.9%, the Bank of Latvia President Ilmars Rimsevics told members of the press today, cites LETa/Nozare.lv.
In adopting the euro, Lithuania is not only moving forward on the path of euro integration that began almost a quarter of a century ago, but also gains solid means for developing a more secure economic and financial system as well as creating well-being for the people not only in our country, but in the whole region of the EU's single currency – this was stated at the international conference on the euro adoption, held in Vilnius, reported BC the Bank of Lithuania.
The Baltic States have confirmed that financial difficulties can be overcome by political resolve, President of the European Central Bank (ECB) Mario Draghi said during the international conference "Euro Conference Lithuania: Single Market, Single Currency, Common Future", which takes place in Vilnius today, informs LETA/ELTA.