Economics

International Internet Magazine. Baltic States news & analytics Sunday, 26.05.2019, 20:36

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Survey: Nord Stream 2 major infrastructure project has a total economic benefit to the EU of €9.9 bn

Survey: Nord Stream 2 major infrastructure project has a total economic benefit to the EU of €9.9 bn

22.05.2019

The second part of a recent report from Arthur D. Little (ADL) – “Nord Stream 2 economic impact in the construction phase” – analyzes the economic effects (job creation and GDP) of the ongoing project to build two new gas pipelines from Russia to Germany. The report, which is a follow-up to an earlier report created in 2017, analyzes the current status of project investment and concludes that the total economic benefit to the European Union (EU) represents 9.9 bn EUR for building the pipelines, BC learned from the ADL.

Keyword tags: Analytics, Baltic States – CIS, Construction, Economics, Energy, EU – CIS, Gas Market , Russia



Coface expects Baltic export growth to slow down this year

Coface expects Baltic export growth to slow down this year

22.05.2019

This year, the Baltic states are likely to show slower export growth than last year, representatives of Coface credit insurance company told LETA.

Latvia’s economic growth to be slowest among Baltic states – OECD

Latvia’s economic growth to be slowest among Baltic states – OECD

21.05.2019

The Organization for Economic Cooperation and Development (OECD) in its latest forecast predicts that Latvia’s economic growth will be slowest among the Baltic states, reported LETA/BNS.


What is monetary policy and how it affects your income?

What is monetary policy and how it affects your income?

20.05.2019

If one compared the euro area economy with the human body, money circulating in it would serve as blood, and the European Central Bank (ECB), which influences the price of money – interest rate, would constitute its heart. Just as the heart affects the functioning of the whole body, actions of the ECB strongly impact euro area economic developments, household and business borrowing conditions and the general price level. Decisions on the future stance of euro area monetary policy will be taken this June in Vilnius.

The higher oil price has clearly passed into prices

The higher oil price has clearly passed into prices

14.05.2019

Statistics Estonia finds that prices rose by 1.3% in a month in Estonia and yearly inflation reached 3.2%. Half of the month-on-month price increase was contributed by three product groups, which were motor fuels, vegetables and air tickets. These prices are usually very volatile.


13.05.2019

Moody's affirms Estonia's A1 rating with stable outlook

International ratings agency Moody's on Friday affirmed the issuer ratings of Estonia at A1, with the outlook maintained at stable, reported LETA/BNS.

10.05.2019

Latvia's annual inflation hits 3.4% in April

The latest data of the Central Statistical Bureau (CSB) show that in April 2019, compared to April 2018, the average level of consumer prices* rose by 3.4%. Prices of goods increased by 3.5% and prices of services by 3.3%.

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