Economics

International Internet Magazine. Baltic States news & analytics Friday, 25.05.2018, 23:29

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IMF describes wage pressure as biggest threat for Estonia's outlook

IMF describes wage pressure as biggest threat for Estonia's outlook

25.05.2018

The International Monetary Fund (IMF) finds that the outlook for the Estonian economy is positive and growth will continue in the medium term at close to 3.5%, whereas the main risk for the outlook is wage pressure which is not accompanied by growth in productivity, informs LETA/BNS.

Keyword tags: Analytics, Economics, Estonia, Financial Services, Markets and Companies



Number of economic units rose in Estonia in 2017

Number of economic units rose in Estonia in 2017

24.05.2018

In 2017, there were approximately 158,000 economically active units in Estonia. 3,000 units were added, which is as many as in 2016. Considering legal form, the picture looks different – growth in the number of companies picked up and the number of non-profit associations decreased for the first time.

Lietuvos bankas: building reserves necessary during economic upturn

Lietuvos bankas: building reserves necessary during economic upturn

24.05.2018

There's a good time for further building financial reserves as Lithuania's residents and businesses are getting stronger financially, the level of credit is growing and Lithuania's is enjoying an economic upturn, the Bank of Lithuania's chairman Vitas Vasiliauskas says, cites LETA/BNS.


EU Commission released its recommendations to Baltic States

EU Commission released its recommendations to Baltic States

24.05.2018

The European Commission recommends that Lithuania improve tax collection, the quality of the education system and the tax and benefit system. The tax burden for low income earners in Latvia has been reduced, but still remains relatively high compared to other EU member states, European Commission Vice President Valdis Dombrovskis said during a press conference, informs LETA.

Emigration and economic growth will continue heating up labor market in Latvia

Emigration and economic growth will continue heating up labor market in Latvia

23.05.2018

As the population of Latvia continues to decrease while economic development is accelerating, the demand for labor will continue to rise, Swedbank senior economist Agnese Buceniece told LETA.


17.05.2018

Iranian President shows interest in developing trade and educational cooperation with Latvia

Iranian President Hassan Rouhani has expressed interest in developing educational and science cooperation with Latvia during a meeting with Latvian Ambassador to Iran Karlis Elferts, LETA was told at the Latvian Foreign Ministry.

16.05.2018

SEB forecasts slowest growth for Lithuania among Baltics in 2018

Lithuania's GDP growth rate will slow to 3.2% in 2018, from 3.9% last year, and will be the slowest among the Baltic States, economists from Scandinavian banking group SEB forecast, cites LETA/BNS.

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