Economics

International Internet Magazine. Baltic States news & analytics Saturday, 28.05.2016, 08:57

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In Q1, gross earnings in the whole economy in Lithuania decreased by 1.2%

In Q1, gross earnings in the whole economy in Lithuania decreased by 1.2%

26.05.2016

Statistics Lithuania informs that in I quarter 2016 average gross monthly earnings in the whole economy (1) totalled EUR 748: in the public sector (2) – EUR 762.8, in the private sector – EUR 740.4. Against IV quarter 2015, average gross monthly earnings in the whole economy decreased by 1.2%: in the public sector – 2.6%, in the private sector – 0.4%.

Keyword tags: Analytics, Economics, Financial Services, Lithuania, Markets and Companies, Wages



Government supports bill on Latvia’s accession to OECD

Government supports bill on Latvia’s accession to OECD

24.05.2016

The Latvian government on May 24th supported the draft bill prepared by the Foreign Ministry on Latvia’s accession to the Organization for Economic Cooperation and Development (OECD), cites LETA.

SEB: Latvia’s GDP to show the fastest growth in Baltics in 2017

SEB: Latvia’s GDP to show the fastest growth in Baltics in 2017

24.05.2016

Latvia’s gross domestic product (GDP) growth in 2016 is projected at 2.7% and in 2017 at 3.5%, said SEB Banka’s economist at the presentation of Nordic Outlook on May 24th, cites LETA.


Latvian PM: municipalities must cooperate for sake of balanced national growth

Latvian PM: municipalities must cooperate for sake of balanced national growth

21.05.2016

Balanced national growth depends on willingness and ability of local governments to cooperate among themselves, Latvian Prime Minister Maris Kucinskis (Greens/Farmers) said at the congress of the Latvian Association of Local and Regional Governments in Liepaja city in south-western Latvia on May 20th, cites LETA.

Estonian MPs, EU Commissioner discussed the sharing economy

Estonian MPs, EU Commissioner discussed the sharing economy

20.05.2016

In a meeting of Elzbieta Bienkowska, the EU commissioner on the internal market, industry, entrepreneurship and SMEs, with the heads of the Estonian parliament's EU affairs and economics affairs committees the EU digital single market, the Posting of Workers Directive and legalizing the sharing economy were talked about, informs LETA/BNS.

19.05.2016

Saeima passes bill on creation of Latgale Special Economic Zone

Saeima on Thursday passed in the final reading a bill paving the way for the creation of a special economic zone (SEZ) in Latvia's least develop region Latgale, informs LETA.

17.05.2016

Economic outlook for the euro area in 2016 and 2017

The European Forecasting Network (EFN) is a research group of European institutions, founded under the auspices of the European Commission, and currently partly financially supported by the European University Institute (EUI, based in Florence, Italy), which is coordinating the report under the responsibility of Prof. Massimiliano Marcellino.

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