International Internet Magazine. Baltic States news & analytics
Monday, 04.05.2015, 03:55
The EU’s history shows problems in the European financial market integration. Integration in capital markets means making member states’ economic resources expand and ensure that the financial system supports growth and jobs. The annual conference held jointly by the Commission and the ECB showed the perspectives in financial stability, financial services and capital markets union.
Keyword tags: Analytics, Banks, EU – Baltic States, Financial Services, Legislation, Markets and Companies
In the 1st quarter of 2015, compared with the 4th quarter of 2014, Gross Domestic Product (GDP) value (seasonally adjusted data) increased by 0.4%, according to flash estimate of the Central Statistical Bureau (CSB).
Data of Central Statistical Bureau (CSB) show that, compared to February, the total retail trade turnover in March 2015 rose by 0.7%, according to seasonally adjusted data at constant prices. Compared to March 2014, the total retail trade turnover in March 2015 rose by 6.5%.
On April 29, the American Chamber of Commerce in Latvia together with the Norwegian and Swedish Chambers of Commerce in Latvia, Stockholm School of Economics in Riga and Rietumu banka held a seminar in the AmCham Outlook series to discuss the competitiveness of Latvia and attraction of foreign direct capital, reported BC executive director at AmCham Latvia Liga Smildzina-Bertulsone.
According to Statistics Estonia, in March 2015 compared to March of the previous year, the retail sales of goods of retail trade enterprises increased 8% at constant prices.
According to Statistics Estonia, in March 2015, the production of industrial enterprises increased by 1% compared to March of the previous year. Production increased in manufacturing, but decreased in mining and energy production.
Latvians comparatively more reserved and less open to close relations with people of other nationalities
Latvians are comparatively more reserved and less open to close relations with people of other nationalities, according to a study on national identity, civil society and integration policy aspects in Latvia, reports LETA.
The landscape fires in Ukraine, in the vicinity of the Chernobyl nuclear power plant, have not increased the radiation level in Estonia, Public Broadcasting cites the Environment Board.
Statistics Lithuania informs that in March 2015, compared to February, construction input prices decreased by 0.5%. The change was mainly influenced by a 1.3% decrease in wages and salaries. Over the year (March 2015, against March 2014), construction input prices increased by 1%.
On the average, residents believe that EUR 625.64 a month per family member would be sufficient to get by, according to the latest "DNB Latvia Barometer" study, reports LETA.
Foreign investors mention instability, shadow economy as main problems limiting Latvia's competitiveness
Foreign investors consider instability and shadow economy the main problems that limit the competitiveness of Latvian economy, as EY Partner Guntars Krols said during a discussion on competitiveness and investment environment of Latvia, reports LETA.
Data of the Central Statistical Bureau (CSB) show that in 2014 as compared to 2013 producer prices in Latvian agriculture decreased by 8.2%.
According to the data of the Central Statistical Bureau of Latvia (CSB), compared to February, level of construction costs in Latvia in March 2015 reduced by 0.1%. Prices of building materials dropped by 0.4%, but labour remuneration of workers increased by 0.1% and maintenance and operational costs of machinery and equipment – by 0.2%.
Freedom of the press around the world has plummeted to the worst level in a decade, a survey warned Wednesday, with the United States and China both tightening the noose, reports LETA/AFP.
Despite an increase in the number of residents who have a negative opinion of Prime Minister Laimdota Straujuma's (Unity) performance, the premier told the LNT television this morning that she was not planning to resign, and that she had no information that her resignation had been discussed within Unity, informs LETA.