International Internet Magazine. Baltic States news & analytics
Monday, 20.10.2014, 11:06
The average gross wage in the Latvian national economy will in 2015 increase 4.5% at current prices, the Finance Ministry's experts predict, cites LETA.
Keyword tags: Analytics, Employment, Financial Services, Latvia, Wages
During a meeting on October 17th with Chinese Premier Li Keqiang on the sidelines of the EU-Asia Summit, President Andris Berzins proposed to expand the scope of economic cooperation, as well as strengthen cooperation in transportation and logistics, as well as in food exports, LETA was informed by the Presidential Press Service.
Lithuania’s Prime Minister Algirdas Butkevicius who is attending the 10th Summit of the Asia-Europe Meeting (ASEM) in Milan has talked at the first session on Thursday about promotion of financial and economic growth by enhancing co-operation between Europe and Asia, informs LETA/ELTA.
Latvia's exports in the first seven months of the year 2014 increased by one% when compared with the same period last year, which is the smallest increase in the EU, according to Eurostat. Meanwhile, Lithuania saw a two% reduction in exports, while Estonia registered a 5% reduction, writes LETA.
SEB banka projects that Lithuania will have the fastest growth in the Baltics in 2015, informs LETA/Nozare.lv.
Annual inflation in Latvia was 1.2% this past September – the fourth highest across the European Union, according to the latest data from the EU's statistical office Eurostat, cites LETA.
Parliament Speaker Loreta Grauziniene who is paying an official visit to South Korea has asked to support Lithuania's accession to the Organisation for Security and Co-operation in Europe (OSCE), informs LETA/ELTA.
Minister of Social Security and Labour in Lithuania Algimanta Pabedinskiene says that additional investment and creation of new jobs can considerably contribute to the reduction of poverty, informs LETA/ELTA.
According to the final results of the 2013 Farm Structure Survey, there were 19,200 agricultural holdings in Estonia, of which nearly 1,000 largest ones produce more than three-quarters of standard output, announces Statistics Estonia. At the same time, there are 4,500 agricultural holdings which do not produce agricultural products but only maintain their lands in good agricultural and environmental condition.
Lithuanian President Dalia Grybauskaite who opened the conference on poverty reduction in Lithuania stressed that close cooperation of the public sector and non-governmental organisations (NGO) is a must in fighting with poverty, reports LETA/ELTA.
The investment banking and financial advisory company Prudentia and stock exchange Nasdaq Riga presented a list of ten most valuable Baltic companies today, reports LETA.
Lithuanian Prime Minister Algirdas Butkevicius took part in the conference Verslas 2015 (Business 2015) on Wednesday where he presented the Government's economic policy, reports LETA/ELTA.
Power utility company Latvenergo has been named Latvia's most valuable company for the sixth year in a row, according to a study carried out by investment banking company Prudentia and stock exchange NASDAQ OMX Riga in collaboration with Lursoft IT and business magazine "Kapitals", reports LETA.
The Estonian labour market has not yet adjusted sufficiently to the weaker economic environment, Estonian central bank Eesti Pank said in a fresh labour market survey, writes LETA.
The Estonian Employers' Confederation revealed on Tuesday its new Employers' Manifesto, which focuses on the only sustainable wealth of the Estonian society – the working people of Estonia, their standard of living and their preparedness for working life, in other words, it is a list of proposals to political parties for the forthcoming parliamentary elections, LETA/Postimees Online reports.