International Internet Magazine. Baltic States news & analytics
Friday, 25.04.2014, 00:15
The risks to the functioning of the Estonian financial sector are small, but the external environment is fragile, Estonia's central bank Eesti Pank said in its fresh financial stability report on Wednesday, cites LETA.
Keyword tags: Analytics, Baltic States – CIS, Economics, Estonia, EU – Baltic States, Financial Services, Markets and Companies
The Finance Ministry of Latvia has lowered its annual economic growth forecast for Latvia from 4.3% to 4% during the 2014-2016 period, informs LETA.
On Tuesday Prime Minister of Lithuania Algirdas Butkevicius presented the Government's report of the activities of 2013 to the Parliament. There were still more promises and plans mentioned than completed tasks, informs LETA/ELTA, referring to Lietuvos rytas.
The article analyses education in Russia and some other countries in the context of human capital formation. The latter is considered as a major prerequisite for economic development.
Lithuanian Government will continue to carry out responsible fiscal policy. On Wednesday the Cabinet of Ministers has approved convergence programme for 2014 by which Lithuania commits to maintain sustainable compliance with the Maastricht criteria in 2014-2017, and to be prepared for the euro adoption in early 2015, informs LETA/ELTA.
At the Boao Forum for Asia-2014 (BFA) one of the most promising projects of Kazakhstan – info-communicative platform G-Global and the Astana Economic Forum – was presented to the world public. BFA, the main task of which is to promote economic cooperation in the Asian region, has become an excellent platform for the presentation of Kazakhstan's initiatives.
Heads of state are not panicking because of sanctions imposed by Russia against Lithuania's businesses. According to President Dalia Grybauskaite and Prime Minister Algirdas Butkevicius, Russia itself will feel the negative effect of such step, informs LETA/ELTA.