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Sunday, 01.02.2015, 06:07
In the 4th quarter of 2014, compared with the 3rd quarter of 2014, Gross Domestic Product (GDP) value (seasonally adjusted data) rose by 0.4%, according to flash estimate of the Central Statistical Bureau (CSB).
Keyword tags: Analytics, Economics, GDP, Latvia, Markets and Companies
Data of Central Statistical Bureau (CSB) show that, compared with 2013, retail trade turnover, according to calendar adjusted data, in 2014 increased by 3.6%. Retail trade in food products grew by 3.6%, whereas retail trade of non-food products – by 3.7%.
Latvia wishes to develop closer cooperation in Finland in the field of education by developing cooperation in all areas of education and experience of technology transfer, President Andris Berzins said during a meeting with Finnish Prime Minister Alexander Stubb, cites LETA.
Mobile communications operator Tele2 turnover in 2014 reached EUR 100 million, the company informed LETA. This is 6% less than in 2013, when Tele2 turned over EUR 106 million, reports LETA.
In 2014, Latvia was a leader in Europe's foreign policy performance five times, which is two times more than in 2013, according to a study titled "The European Foreign Policy Scorecard 2015" conducted by the European Council on Foreign Relations (ECFR), informs LETA.
In December 2015, the increase in bank attracted deposits sped up and was the largest in 2014 in Latvia. The loan portfolio, however, decreased rather substantially and lending prospects for the near future are not comforting, Bank of Latvia economist Vilnis Purvins points out, cites LETA.
In 2014, the majority of investments were registered in Riga, Jurmala, and Marupe Region; meanwhile, companies that made the largest investments were registered in Riga, Jelgava, and Liepaja, reports LETA, according to Lursoft.