Analytics

International Internet Magazine. Baltic States news & analytics Wednesday, 21.11.2018, 22:31

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Lithuania's avg electricity market price ticks down EUR 0.01 w/w - Elektrum Lietuva

Lithuania's avg electricity market price ticks down EUR 0.01 w/w - Elektrum Lietuva

21.11.2018

Lithuania's average electricity market price last week ticked down by 1 euro cent to 53.74 euros per megawatt-hour (MWh), the same level as that in Latvia, where the price edged up by 1% Elektrum Lietuva said LETA/BNS.

Keyword tags: Analytics, Baltic, Energy, Energy Market



OECD estimates Estonia's economic growth to be 3.5% in 2019

OECD estimates Estonia's economic growth to be 3.5% in 2019

21.11.2018

According to a fresh forecast of the Organization for Economic Cooperation and Development (OECD), Estonia's economic growth is projected to reach 3.5% in 2019, before slowing down to 2.3% in 2020, informed LETA/BNS.

Latvia’s energy sector: challenges and prospects

Latvia’s energy sector: challenges and prospects

21.11.2018

While possibly regarded as the back-bone of the existence of most economic activities, Latvia's energy sector is currently facing a number of challenges.


EU commission: Lithuania's draft 2019 budget meets fiscal discipline rules

EU commission: Lithuania's draft 2019 budget meets fiscal discipline rules

21.11.2018

Lithuania's draft budget for 2019 is in line with the eurozone's fiscal discipline rules, the European Commission said on Wednesday, informed LETA.

Fiscal discipline watchdog warns about necessity to cut Latvian budget expenditure

Fiscal discipline watchdog warns about necessity to cut Latvian budget expenditure

21.11.2018

With the current policy persisting, in the future there are budget consolidation risks and it will be necessary to cut budget expenditure, Fiscal Discipline Council head Janis Platais told LETA.


20.11.2018

Support for euro currency on the rise in Latvia - survey

In Latvia, public support for the European Union's single currency, the euro, has risen by 10 percentage points from 2016 and now stands at 63%, according to a public opinion poll published by Politico.

20.11.2018

European agriculture: policy’s effect for the Baltic States and Latvia

The role of agro-sector in the Baltic States is still quite significant: about 25-30 percent of the workforce in the Baltic States is engaged full-time or partially in agro-sector, including processing of agricultural products, forestry and fishing. A general agro-sector analysis in the EU and the Baltic States, as well as in Latvia, can help in streamlining national political and economic decision-making.

20.11.2018

Industrial producer price index in Estonia increased in October

According to Statistics Estonia, in October 2018, the producer price index of industrial output changed by 0.3% compared to September and by 2.8% compared to October 2017.

16.11.2018

Different roads lead to employment

Photo by: Shutterstock In the third quarter, the number of employed persons in Latvia increased by 10.5 thousand quarter-on-quarter, while that of unemployed decreased by 6.6 thousand. Employment expanded not only on account of declining unemployment, but also as a result of the formerly inactive population entering the labour market.

16.11.2018

Somersby most popular alcoholic beverage in Latvia

In the first nine months of the year, the Somersy brand cider produced by joint-stock Cesus Alus was the most popular alcoholic beverage in Latvia, according to information from the State Revenue Service writes LETA.

16.11.2018

Quality, not quantity of state-run companies on stock exchange matters

The governance of state-run companies will become more transparent and their activities will be more effective if they are listed on the stock market, Masamichi Kono, deputy secretary general at the Organization for Economic Co-operation and Development, told the Lithuanian Verslo Zinios business daily, citing LETA/BNS.

15.11.2018

Pigu-Morele merger: new company might be sold off – competitor

After Pigu, Lithuania's largest e-trade company, on Wednesday announced its merger with Poland's Morele, the CEO of its competitor, Varle, warns that the planned merger is aimed at preparing the new company to be sold off later, reported LETA/BNS.

15.11.2018

Euro area international trade in goods surplus €13.1 bn

The first estimate for euro area (EA19) exports of goods to the rest of the world in September 2018 was €184.8 billion, a decrease of 1.0% compared with September 2017 (€186.6 bn). Imports from the rest of the world stood at €171.7 bn, a rise of 6.4% compared with September 2017 (€161.3 bn), reported Eurostat.

15.11.2018

Manufacturing: neither fish nor fowl, and lack of cooks and pots and pans

In the third quarter, manufacturing maintained similar growth rates to those in the second quarter. Overall, on the back of the accelerated increase observed last year, a more dynamic sectoral growth could be expected.

15.11.2018

Latvian employment rate constituted 65.3% in 3Q 201

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that 920.1 thousand people or 65.3% of Latvia population aged 15–74 (incl.) were employed in the 3rd quarter of 2018. Over the year, employment rate grew by 1.7 percentage points and number of employed persons by 17.2 thousand. Compared to the previous quarter, employment rate grew by 0.9 percentage points and number of employed persons by 10.5 thousand.

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