Analytics

International Internet Magazine. Baltic States news & analytics Saturday, 27.05.2017, 05:32

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Portfolio of non-bank loans in Latvia grows to EUR 527.79 mln in 2016

Portfolio of non-bank loans in Latvia grows to EUR 527.79 mln in 2016

26.05.2017

he aggregate loan portfolio of non-bank lenders in Latvia was EUR 527.79 mln at the end of 2016, growing EUR 76.89 mln or 17.05% y-o-y, according to the report about the non-bank consumer loan market in 2016 prepared by the Center for Protection of Consumer Rights (PTAC).

Keyword tags: Analytics, Financial Services, Latvia



Construction volumes in Estonia increased in Q1

Construction volumes in Estonia increased in Q1

26.05.2017

According to Statistics Estonia, in the 1st quarter of 2017 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 20%. Taking into account only the Estonian construction market, the construction volumes increased 18%. It is the biggest increase in construction volumes in the last five years.

Estonia’s net migration was positive in 2016

Estonia’s net migration was positive in 2016

26.05.2017

According to Statistics Estonia, 14,822 persons immigrated to and 13,792 persons emigrated from Estonia in 2016. Immigration exceeded emigration for the second year. Most of the migrants were Estonian citizens, but their net migration was negative.


German investors consider Baltics the best place to invest in Central and Eastern Europe

German investors consider Baltics the best place to invest in Central and Eastern Europe

24.05.2017

A survey conducted by the German-Baltic Chamber of Commerce (AHK) in 2017 shows German businesses as having a better opinion of the Baltic countries than of any other country in Central and Eastern Europe, writes LETA.

Lithuania's accommodation industry posts 8.6% y-o-y  rise in Q1 guest numbers

Lithuania's accommodation industry posts 8.6% y-o-y rise in Q1 guest numbers

24.05.2017

According to Statistics Lithuania, in I quarter 2017, the country’s accommodation establishments received 509.8 thousand guests, or by 8.6% more than in the same quarter of 2016. Compared to the same period of 2016, the number of overnight stays grew by 7%. One guest stayed in an accommodation establishment for, on average, 2.3 nights.


24.05.2017

Housing loan portfolio in Estonia up 6% y-o-y in April

Corporate and household loan and lease portfolio grew strongly in April, up almost 7% y-o-y. Issuance of new long-term loans to companies remained unchanged from April 2016. New housing loans have seen an increase relative to a year ago.Deposits with banks continued to grow faster than the loan and lease portfolio.

23.05.2017

Industrial production in Lithuania decreased by 0.6%

Statistics Lithuania informs that in April 2017, industrial production totalled EUR 1.5 bln at current prices and, compared to March, seasonally and calendar adjusted, decreased by 0.6 % at constant prices (unadjusted – by 12.1%).

23.05.2017

An increase in the number of building permits issued for the construction of new buildings in Lithuania in Q1 2017

Statistics Lithuania informs that, based on the data from the Building Permits and State Construction Supervision Information System the Republic of Lithuania (IS) Infostatyba, in I quarter 2017, against I quarter 2016, the number of building permits issued for the construction of new buildings (hereinafter referred to as the building permits) increased by 16.7%, of which the number of building permits issued for the construction of new residential buildings – by 15.8%.

23.05.2017

The percentage of job seekers in Latvia dropping faster than last year

According to the survey data of the Central Statistical Bureau, the unemployment level has been dropping ever faster since the beginning of 2016.

23.05.2017

Latvian producer prices in industry increased by 0.1 % in April

According to data of the Central Statistical Bureau (CSB), compared to March, in April 2017 the level of producer prices in Latvian industry grew by 0.1%. The prices of products sold on the domestic market increased by 0.5%, whereas the prices of exported products dropped by 0.2%. The prices of products exported to euro area countries decreased by 0.2% and of products exported to non-euro area countries – by 0.1%.

23.05.2017

A New Transatlantic Security Bargain

Seasoned NATO heads will snicker at the idea that squabbles over defense spending are new. As long ago as 1970, then U.S. ambassador to NATO Harlan Cleveland described the alliance as “an organized controversy about who is going to do how much.” Since NATO’s inception, the United States has carried most of the organization’s burden. As historian Lawrence Kaplan wrote, the alliance at its birth in 1949 was a one-sided affair, with Washington insisting on European contributions not because it expected anything in return but mainly as a sweetener to induce a skeptical U.S. Senate to abandon a tradition of nonentanglement in Europe.

22.05.2017

Latvian unemployment rate constituted 9.4%

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the 1st quarter of 2017 the Latvian unemployment rate constituted 9.4%. Compared to the previous quarter, the unemployment rate increased by 0.1 percentage points, whereas, compared to the same period of the year before, the rate reduced by 0.9 percentage points.

22.05.2017

Rail Baltica – Connectivity That Benefits All

The first day of the international two-day event “Rail Baltica Global Forum 2017 – Building a New Economic Corridor” that was held in Riga on April 24, 2017, gathered not only an impressive line-up of speakers, but also a great number of influential officials, politicians, decision-makers and experts from the three Baltic States and beyond. All of the attendees agreed that this was an important turning point in the project's development as the new Cost-Benefit analysis of the Global Project[1] was presented proving the value of the project and listing a number of benefits that the connectivity will bring.

22.05.2017

41.9% of Latvian employees receive up to EUR 450 in net monthly wage in Q1

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that since the 1st quarter of 2016 the employment rate has increased by 0.6 percentage points.

22.05.2017

EU’s infringement decisions for the Baltic Sea Area states in May

In its monthly package of infringement decisions, the European Commission is pursuing legal action against some Baltic Sea Area states for failing to comply with their obligations under EU law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper application of EU law for the benefit of citizens and businesses.

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