International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 16:33
According to Statistics Estonia, the change of the consumer price index in November 2019 was -0.2% compared to October 2019 and 1.8% compared to November 2018.
Keyword tags: Analytics, Economics, Estonia, Inflation, Statistics
Lithuania will need to spend 14 bn euros over ten years to meet its climate change commitments, President Gitanas Nauseda said referred LETA/BNS.
The Commission’s strategy for greener and cleaner EU (the so-called “European Green Deal”) is, generally, aimed at making the member states’ economies more resilient and competitive. A vital part of “green transition” is energy policy: according to Kadri Simson, the new energy Commissioner, the energy transition includes three priorities: the people, the national economies and the global partners.
Japanese ratings agency R&I has raised Latvia's credit rating, citing the country's strong economic growth. The agency has upped its rating on Latvia from A- to A, with the outlook Stable, referred LETA.
DBRS Ratings Limited (DBRS Morningstar) confirmed the Republic of Latvia's Long-Term Foreign and Local Currency – Issuer Ratings at A (low). At the same time, DBRS Morningstar confirmed the Republic of Latvia's Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (low). The trends on all ratings are Positive.
Even though the economy is slowing down, the unemployment level keeps declining, said Swedbank senior economist Agnese Buceniece.