International Internet Magazine. Baltic States news & analytics
Thursday, 03.09.2015, 07:29
Lithuania's central government debt in July 2015 increased by EUR 195.4 million and amounted to EUR 13.842 billion or 37.0% of the projected GDP in 2015 (EUR 37.377 billion), reports LETA/ELTA.
Keyword tags: Analytics, Financial Services, GDP, Lithuania
Regardless of the comparatively-good economic growth data for the second quarter of 2015, Nordea bank has reduced Latvia's economic growth forecast for this year to 2.2%, cites LETA.
According to the data of the Ministry of Finance, the central government deficit in Lithuania in January-July 2015 stood at EUR 147.1 million and accounted for 0.39% of the projected GDP in 2015, cites LETA/ELTA.
Data compiled by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2015, compared with the 1st quarter of 2015, gross domestic product (GDP) at constant prices, according to seasonally adjusted data, rose by 1.2%. Compared with the 2nd quarter of 2014, GDP rose by 2.7% both according to seasonally adjusted and seasonally unadjusted data.
Statistics Lithuania informs that, based on more comprehensive business, tax and price statistics, in II quarter 2015, GDP at current prices amounted to EUR 9 284.7 million. Compared to the same period of 2014, the GDP change stood at 1.4% (1) (seasonally and working day unadjusted – 1.4%).
As the first-quarter economic growth was much lower than expected, Swedbank adjusted the year-on-year GDP growth slightly downward, writes Äripäev.ee/LETA.
Swedbank has raised the economic growth projection for Latvia to 2.1% in 2015, reports LETA.