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Friday, 25.07.2014, 03:37
Lithuanian Prime Minister Algirdas Butkevicius addresses Government's spending in 2015, informs LETA/ELTA.
Keyword tags: Financial Services, GDP, Legislation, Lithuania
Consultation company Ernst & Young revealed on Thursday a fresh forecast, according to which Estonia will have 1.6% economic growth in 2014, LETA/Public Broadcasting reports.
The gross domestic product (GDP) per capita expressed in terms of purchasing power standards in Latvia was 67% of the average GDP per capita in the European Union last year, or the fourth lowest in the EU, according to the EU statistical office Eurostat data released yesterday, cites LETA.
Estonia's central bank Eesti Pank published on Wednesday its fresh economic forecast that heralds just 0.7% economic growth for Estonia in 2014, LETA/Public Broadcasting reports.
Estonia is on the 9th position in the European Union regarding innovation expenditure, as compared to the previous year, Estonia has fallen two places, LETA/Public Broadcasting reports.
Data compiled by the Central Statistical Bureau show that Gross Domestic Product (GDP) at current prices in the 1st quarter of 2014 was 5.3 bln euros.
According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia decreased 1.4% in the 1st quarter of 2014 compared to the 1st quarter of the previous year.