International Internet Magazine. Baltic States news & analytics
Friday, 27.11.2015, 19:13
Statistics Lithuania informs that, based on more comprehensive business, tax and price statistics, in III quarter 2015, GDP at current prices amounted to EUR 10 012.9 million. Compared to the same period of 2014, the real GDP change stood at 1.7% (1) (seasonally and working day unadjusted – 1.7%).
Keyword tags: Analytics, Economics, GDP, Lithuania, Markets and Companies
Since 1999 the annual BDF Summits have provided a meeting place for top representatives from business, politics, academia and civil society, offering a high-level and well-known platform for policy formulation, business matchmaking and cross-sectorial dialogue among the Baltic Sea Region’s states. BDF Summit has attracted about 400 participants from all Baltic Sea Regions’ most important decision-making bodies.
The European Commission has concluded that Latvia's draft budgetary plan for 2016 broadly complies with the Stability and Growth Pact (SGP) requirements. There's a risk that Lithuania's budget expenditure will exceed revenues by more than it is estimated, the European Commission said. Estonia's draft budgetary plan is in accordance with the requirements of the Stability and Growth Pact, informs LETA/BNS.
A fresh report by the Organization for Economic Cooperation and Development (OECD) shows that the average net output of Estonian pension funds in 2014 was 4.7%, which means that Estonia places 28th among the 34 countries surveyed, but Estonian asset management companies are criticizing the report's methodology, the LETA/Postimees reports.
A regular session of the Uzbek-Latvian intergovernmental commission on economic, industrial and scientific-technical cooperation was held at the International Business Centre in Tashkent on 12 November 2015.
The gross domestic product (GDP) of Estonia in the third quarter of the year 2015 was bigger by 0.5% than in the same quarter of 2014, reports LETA/BNS, according to a flash estimate by Statistics Estonia.
Growth of Lithuanian mobile phone operators' revenue is good for the entire telecommunications market and the economy as a whole, an analyst said on November 12th, cites BNS/LETA.