Analytics

International Internet Magazine. Baltic States news & analytics Thursday, 30.06.2016, 00:41

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In May, construction costs in Latvia increased by 0.2%

In May, construction costs in Latvia increased by 0.2%

29.06.2016

Data of the Central Statistical Bureau (CSB) show that, compared to April, in May 2016 the level of construction costs in Latvia increased by 0.2%. Labour remuneration of workers went up by 1.2%, maintenance and operational costs of machinery and equipment increased by 0.1%, whereas the prices of building materials went down by 0.2%.

Keyword tags: Analytics, Construction, Latvia, Real Estate



40% Latvian residents would be prepared to move to Estonia due to better salary

40% Latvian residents would be prepared to move to Estonia due to better salary

29.06.2016

Because of better salaries and a friendlier tax system, 40% of Latvian residents would be prepared to move to Estonia, according to a survey carried out by the Latvian job advertisement portal cvmarket.lv, cites LETA.

Turnover of retail trade in Lithuania decreased by 0.1% in May

Turnover of retail trade in Lithuania decreased by 0.1% in May

28.06.2016

Statistics Lithuania informs that, based on provisional data, in May 2016, the turnover (VAT excluded) of retail trade enterprises amounted to EUR 793.4 million at current prices; against April 2016, seasonally and calendar adjusted, it decreased by 0.1% at constant prices (seasonally and calendar unadjusted – increased by 5.1%).


Study: Estonia should support online sales

Study: Estonia should support online sales

28.06.2016

Results of a study commissioned by the Estonian Ministry of Economic Affairs and Communications and carried out by Praxis show that the sale of goods and services over the internet is not very developed in Estonia and it should be nationally promoted, informs LETA/BNS.

Lithuanian analysts: markets stabilize after Brexit shock

Lithuanian analysts: markets stabilize after Brexit shock

28.06.2016

The world's financial markets on June 27th showed signs of stabilization after last Friday's shock reaction to Britain's vote to leave the European Union, but Lithuanian analysts interviewed by BNS say that no fast recovery is in sight, adding that with no good news expected in the near future, the fall is likely to continue, informs LETA/BNS.

27.06.2016

EU assistance for stronger pension market in the member states

Commissioner Jonathan Hill responded to modern issues concerning deepening of the single market, building a Capital Markets Union, and supporting strong pensions market in Europe. At the “Pensions Europe Conference”, he claimed that the number of retired people will double in the near future and that pension funds can strengthen EU financial sector.

27.06.2016

Lithuanian economist: UK may maintain free trade with EU after Brexit

The United Kingdom is likely to continue to enjoy free trade with the European Union when it leaves the bloc in the future, provided that London agrees to maintain the principle of free movement of labor, a Lithuanian economist said, cites LETA/BNS.

27.06.2016

Eesti Pank: UK decision probably won't lead to economic decline

While the decision of the United Kingdom to leave the European Union increases uncertainty, it will probably not result in a major decline of the economy, the Bank of Estonia (Eesti Pank) finds, cites LETA/BNS.

27.06.2016

Number of indigent persons in Latvia shrinks in May

The number of indigent people in Latvia kept shrinking also in May 2016, informs LETA, according to the Welfare Ministry’s data.

24.06.2016

Brexit: the foreign policy implications

Financial turmoil and a long-term threat to Britain’s global influence are the result of the ‘Brexit’ vote announced today following the UK referendum on European Union membership, reported BC the European Council on Foreign Relations (ECFR).

24.06.2016

Latvian president regrets UK’s decision to leave EU, Lithuanian – respects it

Latvian President Raimonds Vejonis voiced regrets over the UK’s decision to leave the EU, the President’s Chancellery reported LETA.

24.06.2016

Britain votes to leave EU, Cameron quits

Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European project of greater unity since World War Two, informs Reuters. Global financial markets plunged as results from Thursday's referendum showed a near 52-48 percent split for leaving.

23.06.2016

Cities for clean environment and sustainable energy

There are presently two global initiatives of cities and local governments combating destructive climate change while striving for sustainable energy: the EU Covenant of Mayors and the Compact of Mayors. They announced the formation of a new, first-of-its-kind initiative – Global Covenant of Mayors for climate and energy.

22.06.2016

Statistics Lithuania presents a publication Lithuania in Figures 2016

Statistics Lithuania presents a statistical publication Lithuania in Figures 2016. The bilingual (in Lithuanian and English) publication presents information on the economic and social development in Lithuania. Statistical information about the population, education, culture, health care, labour, industry, agriculture, construction, trade, transport, national accounts, etc. is presented in the tables, graphs and diagrams of the publication.

22.06.2016

In May, industrial production in Lithuania decreased by 0.2% y-o-y

Statistics Lithuania informs that in May 2016 industrial production totalled EUR 1.5 billion at current prices and, compared to April, seasonally and calendar adjusted, increased by 3.8% at constant prices (seasonally and calendar unadjusted – 8.1%). In May 2016, against May 2015, calendar adjusted, industrial production decreased by 0.2%.

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