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Sunday, 26.02.2017, 07:27
Rietumu Bank is included in the world bank’s top of private aviation and superyacht financing by prestigious “The Spear’s 500 Travel Guide 2017”.
Keyword tags: Banks, Financial Services, Latvia, Quality of life
Survey of euro area households finds that the inequality of the net wealth distribution is similar in Estonia to that in the whole euro area28.12.2016
The median level of net wealth of households in the euro area declined by approximately one tenth between 2010 and 2014; the inequality of the net wealth distribution increased moderately in the same period. The household wealth in Estonia is comparable to that in the other Central and Eastern European countries participating in the HFCS. The Gini coefficient of net wealth, which measures inequality, is very close in Estonia (0.69) to that of the euro area (0.685).
Some 593,000 old-age pensioners and 202,000 disability pensioners in Lithuania will receive higher pensions starting January after the government approved on Wednesday an average increase of 20 euros in pension payments, reports LETA/BNS.
According to Statistics Estonia, in 2015, 21.3% of the Estonian population lived in relative poverty and 3.9% in absolute poverty. The overall percentage of people living in relative poverty decreased 0.3 percentage points compared to the previous year, the percentage of people living in absolute poverty decreased 2.4 percentage points (ppt).
Provisional data of the Central Statistical Bureau (CSB) show that in 2015 social protection expenditure in Latvia accounted for 3 619.7 million euros and, compared to 2014, it has grown by 201 million euros or 5.9%. Expenditure on support for families and children increased by 24.1%, expenditure on support for disabled persons by 7.8%, and social expenditure on sickness and heath care by 7.5%.
The place where we were born can have a crucial meaning in our lives. The obligation to defend the country, to pay taxes, abide the certain laws – these all are obligations which people do not choose, they have them by birth.