GDP

International Internet Magazine. Baltic States news & analytics Tuesday, 25.09.2018, 05:07

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Lithuania needs to step up ''rainy day'' reserve – national auditors

Lithuania needs to step up ''rainy day'' reserve – national auditors

20.09.2018

The economic development scenario for 2018-2021 has been properly drawn up by the Ministry of Finance and is suitable for the drafting of the 2019 public sector's budgets. However, the country should consider increasing the economic downturn reserve due to rising external risks and internal economic tendencies, the National Audit Office of Lithuania says, informs LETA/BNS.

Keyword tags: Economics, GDP, Good for Business, Lithuania



EU funding investments facilitated economic growth in Latvia by 2% of GDP in 2017

EU funding investments facilitated economic growth in Latvia by 2% of GDP in 2017

17.09.2018

According to a report from the Finance Ministry, EU funding investments facilitated economic growth in Latvia by 2% of GDP in 2017, cities LETA.

Low investment level hampers Latvia's potential growth

Low investment level hampers Latvia's potential growth

14.09.2018

The low investment level in Latvia at the moment is hampering Latvia's potential growth, informs LETA referring to the Bank of Latvia's Monetary Policy Department head Uldis Rutkaste.


EU resource productivity up

EU resource productivity up

12.09.2018

Resource productivity quantifies the relationship between the size of the economy and the use of natural resources. The value of resource productivity will increase if the economy, measured by GDP, is growing at a faster rate than the consumption of raw materials, measured by domestic material consumption.

The current account surplus stood at 0.5% of GDP in the second quarter

The current account surplus stood at 0.5% of GDP in the second quarter

11.09.2018

The ministers of the Central and Eastern European countries responsible for transport sector are discussing the perspectives of expansion of transport infrastructure, implementation of joint projects, and innovations during the Economic Forum held in Krynica resort in Poland on the 05th-06th of September. The significant event for Lithuania and Poland happened – today, during the Forum, the memorandum of understanding on cooperation in order to induce autonomous driving on the highway “Via Baltica” was signed.


10.09.2018

Lithuania's parliamentary parties sign defense policy agreement

Lithuania's parliamentary parties signed on Monday an agreement on the country's defense policy for the next decade, informs LETA/BNS.

06.09.2018

The current account in Estonia was back in balance over the half year

Economic activity increased in the second quarter of 2018, and as a result the growth in goods exports recovered. The surplus in net exports of services meant that the external balance of the economy improved and the current account was in balance for the first half of the year.

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