International Internet Magazine. Baltic States news & analytics
Monday, 20.04.2015, 00:02
The consumer price level in Latvia in March 2015, compared with the same month of the previous year, increased 0.5%, which was the fourth highest increase in the EU, according to the latest data from the EU's statistical office Eurostat, cites LETA.
Keyword tags: Analytics, EU – Baltic States, Inflation
The World Economic Forum published its fresh IT-countries' ranking, which shows that Estonia has fallen by one place, LETA/Postimees Online reports. Estonia's new place in the list is 22nd.
Seimas political group of the Liberal Movement in Lithuania has called for a parliamentary resolution, which would allow holding a dual citizenship referendum in Lithuania along with parliamentary election in 2016, informs LETA/ELTA.
The Estonian government approved on Thursday the action plan, submitted by the Government Office and prepared according to the guidelines of the prime minister for fulfilling the priority objectives of the government for the first 100 days in office, reports LETA the government communication unit.
New passenger car registrations in Latvia increased by 25.7% in March 2015, which is the largest largest increase among all European countries covered by the latest report of the European Automobile Manufacturers Association (EAMA), reports LETA.
The Estonian government will start discussing how to cope with a worse than expected economic forecast, which indicates the need to cut costs by a total of 100 million euros in the coming years, or find additional sources of revenue, LETA/Public Broadcasting reports.
Statistics Lithuania forecasts that the country's monthly inflation in April 2015, measured by the Harmonised Index of Consumer Prices (HICP) is likely to be positive and amount to 0.4%, compared to March, cites LETA/ELTA.
Latvia's exports in the first two months of the year 2015, compared to the same period last year, reduced by 2%, according to Eurostat. Thus, Latvia registered one of the smallest reductions in exports in the EU, writes LETA.
In 2014 as compared to 2013, the number of foreign travellers has increased by 7.3%, according to the data of Central Statistical Bureau (CSB). Foreign travellers crossed the border of Latvia 6.2 mln times and spent 668.5 mln euros, which is more by 60.2 mln euros or 9.9% than a year ago.
Compared to the respective period in 2013, house prices reduced 3.2% in Latvia in the fourth quarter of 2014, the third steepest decrease in the European Union, according to the latest data from the EU's statistical office Eurostat, cites LETA.
The Finance Ministry submitted Latvia's Stability Program for 2015-2018, previously endorsed by Saeima European Affairs Committee, to the European Commission today, as the ministry informed LETA.
Growth in emerging and developing Europe is expected to rise slightly in 2015 thanks to lower oil prices but subdued external demand is putting the brakes on a stronger expansion, the International Monetary Fund said on April 14th 2015, cites AFP/LETA.
On 14 April 2015, the International Monetary Fund (IMF) published its World Economic Outlook in which Lithuania has been classified as an advanced economy. Previously the IMF regarded Lithuania as an emerging market, reports LETA/ELTA.
In March 2015, the number of persons registered as unemployed reduced by 1,269 persons in Latvia, which was 1.4% less than the previous month, reports LETA, according to the State Employment Agency's data.
More than 100 days have passed since Lithuania adopted the euro. The euro adoption being a success story is proven by the fact that as many as 92% of the Lithuanians felt being well informed about the adoption of the euro, and presently 68% of respondents favourably view the common European currency (exactly a year ago the number was just around 50%), writes LETA/ELTA.