Economics

International Internet Magazine. Baltic States news & analytics Thursday, 13.08.2020, 02:43

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Estonian govt's experts' forum: Crisis providing opportunities for changes in economy

Estonian govt's experts' forum: Crisis providing opportunities for changes in economy

11.08.2020

The experts' forum advising the Estonian government's economic development committee said that the core objective of the plan for economic recovery amid the coronavirus fallout should be finding opportunities for achieving long-term structural changes in the economy through short-term measures, reported LETA/BNS.

Keyword tags: Economics, Estonia, Financial Services



Resumption of economic growth in Latvia faster than expected

Resumption of economic growth in Latvia faster than expected

11.08.2020

Consumer price data for July shows that Latvia has been returning to economic growth faster than initially expected, as prices have starting to rise again after just two months of deflation, the Finance Ministry informed LETA.

Experts: fast economic rebound has dispelled worries about prolonged deflation in Latvia

Experts: fast economic rebound has dispelled worries about prolonged deflation in Latvia

10.08.2020

A fast rebound of the Latvian economy has dispelled concerns about a prolonged deflation, although seasonality might cause consumer prices to drop again in August, the surveyed bank analysts told LETA.


Audit: Lithuania's economic stimulus plan may contain unnecessary projects

Audit: Lithuania's economic stimulus plan may contain unnecessary projects

05.08.2020

he Lithuanian government's 6.3-billion-euro stimulus plan to revive the economy after the COVID-19 crisis, entitled The DNA of the Future Economy, may contain projects that are not necessary for the state and provide no stimulus to the economy, Deputy Auditor General Zivile Simonaityte said on August 4th, informs LETA/BNS.

EcoMin: Latvian economy is past the worst of crisis, entrepreneurs have adapted to new situation

EcoMin: Latvian economy is past the worst of crisis, entrepreneurs have adapted to new situation

31.07.2020

The Latvian economy is past the worst of the crisis and entrepreneurs have adapted to the new situation, Economics Minister Janis Vitenbergs (KPV LV) told LETA.


31.07.2020

GDP in Latvia dropped by 9.8 % in Q2

Flash estimate of the Central Statistical Bureau (CSB) shows that in the 2nd quarter of 2020, compared to the 2nd quarter of 2019, gross domestic product (GDP) volume decreased by 9.8 % (according to seasonally and calendar non-adjusted data).

30.07.2020

GDP in Lithuania declined by 5.1% in Q1

In II quarter 2020, country’s gross domestic product (GDP) amounted to EUR 11.5 billion at current prices. Compared to I quarter 2020, the real GDP change, seasonally and calendar adjusted, was negative and stood at −5.1 per cent.

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