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International Internet Magazine. Baltic States news & analytics Sunday, 25.01.2015, 22:19

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EBRD cuts Estonia's economic growth forecast for 2015

EBRD cuts Estonia's economic growth forecast for 2015

19.01.2015

In its fresh economic report made public on Monday, the European Bank for Reconstruction and Development (EBRD) reduced Estonia's economic growth forecast by 0.3 percentage points compared to the autumn forecast, to 2.2% for the year 2015, reports LETA.

Keyword tags: Analytics, Baltic States – CIS, Economics, Estonia, EU – Baltic States, GDP



EY outlook on Lithuania's economic prospects is very optimistic for 2015

EY outlook on Lithuania's economic prospects is very optimistic for 2015

15.01.2015

Professional services firm EY (Ernst&Young) forecasts that Lithuania's GDP will grow by 3.6% in 2015. The adoption of the euro, reduced financial risks and cheaper borrowing will enable three times faster growth of Lithuanian economy compared to the euro area average, whereas in two years economic growth can reach 5% rate, informs LETA/ELTA.

Lithuania's tourism sector accounted for 3% GDP in 2013

Lithuania's tourism sector accounted for 3% GDP in 2013

23.12.2014

In 2013, the total added value of inbound and domestic tourism in Lithuania accounted for LTL 3.2 billion (EUR 927 million) or 2.96% of the country's GDP, reports LETA/ELTA.


FinMin notes increasing risks to Latvia's growth in 2015

FinMin notes increasing risks to Latvia's growth in 2015

23.12.2014

In the light of the recent developments, Latvia's economic growth next year is likely to face more risks, but it is impossible to predict at the moment whether, and by how much, the growth projections for 2015 will have to be revised, as Aleksis Jarockis, head of the Finance Ministry's Communications Department, told LETA.

Danske: Latvia’s GDP growth in 2015 will be stronger than Lithuania’s

Danske: Latvia’s GDP growth in 2015 will be stronger than Lithuania’s

18.12.2014

Economic growth of 2.9% of GDP in Lithuania should be the highest among the Baltic States in 2014. However, in 2015 it is likely to decrease to 2.7%, while Estonia's will be 2.3% and Latvia's 2.9%, forecasts Danske Bank, cites LETA/ELTA.

18.12.2014

Latvian Saeima finally passes 2015 budget

Latvian Saeima passed the 2015 budget bill in the final reading last night; the consolidated budget revenue next year is set at EUR 7.3 billion and spending at EUR 7.5 billion, reports LETA.

17.12.2014

More than a half GDP of Estonia is created in Harju county

According to the flash estimates of Statistics Estonia, Harju county accounted for 61.3% of the gross domestic product (GDP) of Estonia in 2013.

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