GDP

International Internet Magazine. Baltic States news & analytics Monday, 21.09.2020, 23:05

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Baltics must invest to ensure economic resilience isn't short-lived

Baltics must invest to ensure economic resilience isn't short-lived

17.09.2020

With the Baltic economies weathering the coronavirus pandemic much better than other EU members, the countries have to focus on further investment so that their economic resilience is not short-lived, Swedbank Latvia's chief economist Liva Zorgenfreija said, cites LETA/BNS.

Keyword tags: Analytics, Baltic, Covid-19, Economics, Financial Services, Forum, GDP



Luminor: Lithuania's 2020 GDP will grow by 0.2%, Latvia’s and Estonia’s will reduce

Luminor: Lithuania's 2020 GDP will grow by 0.2%, Latvia’s and Estonia’s will reduce

15.09.2020

Luminor improved on Tuesday its Lithuanian economic forecast for 2020 to 0.2% growth, from the 2.5% contraction projected in March. The bank expects the economy to expand by 4.4% next year and by another 4.2% in 2022, reporta LETA/BNS.

Lithuania's GDP set to go down 1.5% in 2020

Lithuania's GDP set to go down 1.5% in 2020

14.09.2020

Lithuania's GDP will shrink some 1.5% in 2020 and is expected to grow 3.3% in 2021, the country's Finance Ministry estimates, cites LETA/BNS.


ECB raises euro area economic growth forecast

ECB raises euro area economic growth forecast

10.09.2020

The European Central Bank (ECB) has raised its euro area economic growth forecast but warned that inflation will remain in negative territory until the year 2021, reports LETA/DPA.

Estonian FinMin forecasting 5.5% economic recession for 2020

Estonian FinMin forecasting 5.5% economic recession for 2020

07.09.2020

According to a recent forecast by the Ministry of Finance, the real decline in Estonia's gross domestic product (GDP) will be 5.5% in 2020, while the economy will grow by 4.5% in 2021, writes LETA/BNS.


03.09.2020

The better performance of the economy than expected allows the Estonian government to intervene less

Gross Domestic Product (GDP) in Estonia was 6.9% less in the second quarter than a year earlier in the data of Statistics Estonia. This means the economy has done substantially better than was forecast in spring.

02.09.2020

Waves in the sea go up and down – one. Waves in the sea go up and down – two? Rhyme on Latvia's GDP

A month ago, the previous series of the GDP flash estimate revealed that the second quarter saw Latvia's economy shrink relatively significantly, i.e. by 7.5% quarter-on-quarter. At the same time, the contraction was less dramatic than in other EU countries. This series or specified GDP production and expenditure components reveal a more detailed picture of the "culprits" driving the change. Moreover, they show that GDP contracted by 6.5%, i.e. less than previously expected.

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