International Internet Magazine. Baltic States news & analytics
Thursday, 25.08.2016, 12:39
Material investments in Lithuania totaled 2.4 bln euros in the first six months of 2016, down by nearly 2% year-on-year, Statistics Lithuania said on Thursday, cites LETA/BNS.
Keyword tags: Analytics, Lithuania, Statistics
Agricultural produce purchase prices in Lithuania declined by 6.9% in July year-on-year, Statistics Lithuania said on Thursday, reports LETA/BNS
The trust that Estonian citizens have in the major public institutions remains high, with Estonians giving higher scores to the trustworthiness of the legal system, the government and the European Union than citizens of EU member states on the average, reports LETA/BNS.
Robertas Dargis, the head of the Lithuanian Industrialists Confederation, and Gitanas Nauseda, adviser to SEB bank president, top the list of the country's most influential economists and businessmen, LETA/BNS reports according to delfi.lt information.
Borrowers in Latvia have become more knowledgeable and responsible, taking their time to study interest rates and sometimes spending several weeks to consider loan offers before actually taking a consumer loan, according to a survey carried out by DNB Banka.
Latvian banks issued EUR 217.1 mln in mortgage loans to households in January-June, which is 71% more than in the first half of 2015, BC informs Association of Latvian Commercial Banks` representative.
According to Statistics Estonia, in July 2016, the producer price index of industrial output changed by -0.3% compared to June 2016 and by -1.0% compared to July 2015.
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2016 in Latvia there were 898.5 thousand employed persons or 61.8 % of the population aged 15–74.
Employment improved despite slow economic growth Registered unemployment increased in Ida-Virumaa The work ability reform is expected to boost registered unemployment and the labour force participation rate.
According to Statistics Estonia, the unemployment rate was 6.5% and the employment rate was 66.9% in the 2nd quarter of 2015. The number of persons active in the labour market exceeded 700,000 for the first time.
Crowdestate.eu, the leading Nordic real estate crowdfunding platform, will publish its first Latvian investment opportunity on Friday morning. A 2 - year subordinated loan will be paying 15% annual interest to its investors, reports BC Crowdestate.eu representatives.
Nearly half of consumers in Latvia consider chances of finding a good job within a year to be slim, a Nielsen survey shows, cites LETA.
In the second quarter of this year, 45.1% of employees in Latvia received up to EUR 450 in net monthly wage in their main job, which is a 3.8 percentage points reduction from the second quarter of 2015, the Central Statistics Bureau (CSB) reported.
Among the three Baltic states, Lithuania and Latvia saw a decline in exports in the first half of 2016, as compared with the same period last year, Eurostat said. Exports remained stable in Estonia over the period, reports LETA/BNS.
Kaarel Ots, who took over as manager of Nasdaq Tallinn a week ago, says it looks like things are finally beginning to move when it comes to listing stocks and bonds of Estonian state-owned companies on the securities market, reporst LETA/BNS according to Eesti Paevaleht.