International Internet Magazine. Baltic States news & analytics
Saturday, 25.05.2013, 19:43
In Q1, the average monthly gross wages and salaries in Estonia were 900 euros
24.05.2013According to Statistics Estonia, in the 1st quarter of 2013, the average monthly gross wages and salaries were 900 euros and the average hourly gross wages and salaries were 5.63 euros. Compared to the 1st quarter of the previous year, the average monthly gross wages and salaries grew 6.3% and the average hourly gross wages and salaries 9.1%.
Keyword tags: Analytics, Estonia, Financial Services, Markets and Companies, Wages
Lithuania's PM: wages for cultural personnel will be increased in 2014
21.05.2013On Tuesday Lithuania’s Prime Minister Algirdas Butkevicius confirmed that as of 2014 wages for cultural personnel and some law enforcement officials will be increased., reports LETA/ELTA.
In Q1, share of employed persons in Latvia grew to 54.5%
15.05.2013In comparison with the 1st quarter 2012, the number of active population aged 15-74 in the 1st quarter 2013 has increased by 0.6%. Labour Force Survey results compiled by the Central statistical Bureau of Latvia show that active population in this age group comprises 1 030.2 thousand or 65.4%, of which 70.1% are men and 61.4% – women.
Shadow economy in Latvia in 2012 reduces, but still ahead of Estonia and Lithuania
15.05.2013The shadow economy reduced to 21.1% of gross domestic product in Latvia in 2012, according a study on the shadow economy in the Baltic States presented at the Stockholm School of Economics in Riga today. The shadow economy grew to 18.2% of GDP in Lithuania and 19.2% in Estonia in 2012, writes LETA/Nozare.lv.
20% Lithuanian residents had illegal income in 2012
14.05.2013A fifth of Lithuanian residents in 2012 had illegal income. The shadow labour market has been shrinking the last years; however, it still remains very large, although employers face hefty fines, reports LETA/ELTA, referring to Kauno diena.
Conference ''Low Wage Earners in Latvia and the Region'' will take place at SSE Riga
The Baltic Center for Investigative Journalism Re:Baltica in cooperation with the Royal Norwegian Embassy, Polish Embassy, and Stockholm School of Economics in Riga, organizes the conference “Learning to stand up: low wage earners in Latvia and the region” on May 22nd, 2013.
Neil Cooper didn’t manage to find any hidden Snoras money
Insolvency Administrator of Snoras bank Neil Cooper has reported that he was still working in Lithuania, informs LETA/ELTA.
EU’s assessment of Latvian economic activity 
