International Internet Magazine. Baltic States news & analytics
Saturday, 30.05.2015, 09:18
According to Statistics Estonia, in April 2015 compared to April of the previous year, the retail sales of goods of retail trade enterprises increased by 6% at constant prices. While in March retail sales increased by 8% compared to the same month of the previous year, then in April the growth in retail sales decelerated slightly.
Keyword tags: Analytics, Estonia, Good for Business, Markets and Companies, Retail
The Estonian Institute of Economic Research shadow economy survey shows that due to illegal alcohol and cigarettes, the Estonian state was deprived in 2014 of a total of EUR 70.3 million of tax money, Estonian economy and communications ministry announced, cites LETA.
The European Commission announced on May 28th that it is referring Estonia to the EU Court of Justice over its national law which does not provide sufficient protection against abuse arising from the use of successive fixed-term employment contracts or relationships in the academic sector, reports LETA.
A survey conducted by the Estonian Institute of Economic Research showed that while in 2013, the Estonian state was deprived due to the payment of "envelope wages" of 154 million euros in tax revenue, the loss of tax revenue in 2014 because of this reason was 92.5 million euros, LETA/Public Broadcasting reports.
Riigikogu Speaker in Verkhovna Rada: supporting Ukraine is in the interests of the security of Europe29.05.2015
At the meeting with the Speaker of the Verkhovna Rada and the Minister of Foreign Affairs of Ukraine, the Speaker of the Riigikogu, parliament of Estonia, Eiki Nestor stressed Estonia's continuous commitment to supporting Ukraine and to cooperation in moving towards the European Union, reports BC the Riigikogu press service.
According to Statistics Estonia, in the 1st quarter of 2015 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries decreased 3%.
Nasdaq Baltic announced that the shares of AS Linda Nektar, an Estonian-based beverage company, will be admitted to trading on Nasdaq Baltic First North Market, reports LETA.