International Internet Magazine. Baltic States news & analytics
Sunday, 26.06.2016, 18:21
Financial turmoil and a long-term threat to Britain’s global influence are the result of the ‘Brexit’ vote announced today following the UK referendum on European Union membership, reported BC the European Council on Foreign Relations (ECFR).
Keyword tags: Analytics, Economics, EU – Baltic States, Financial Services, Legislation
Heads of the government offices of Estonia and Finland, Heiki Loot and Paula Lehtomaki, on Tuesday met in Tallinn to give an overview of implementing the recommendations made by the Organization for Economic Cooperation and Development (OECD) to the two countries in February 2016, reports LETA/BNS.
The International Monetary Fund (IMF) in its latest report about Latvia emphasized the need for continued structural reforms in the country, informs LETA.
At a recent Brussels Economic Forum, both ECB Governor M. Draghi and Commission vice-president J. Katainen revealed present EU efforts to stream line European economy. They claimed that because of structural weaknesses, the lack of investment reduced member states’ competitiveness.
Saeima passed a bill on Latvia's accession to the Organization for Economic Cooperation and Development (OECD) in the final reading on June 16th, informs LETA.
The UN-2030 Agenda is the global framework to achieve sustainable development by 2030, including an ambitious set of 17 Sustainable Development Goals covering environmental, social and economic issues. More than 150 nations approved the global sustainable goals. Present European Development Days (15-16.06.2016) support sustainability providing policy’s orientation for the Baltic States.
Nordea has cut its gross domestic product growth forecast on Estonia to 1.9% for 2016, compared with an estimate of 2% published in the spring economic forecast, informs LETA/BNS.