Analytics

International Internet Magazine. Baltic States news & analytics Wednesday, 20.06.2018, 07:03

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Estonia's GDP per capita is 77% of EU average

Estonia's GDP per capita is 77% of EU average

20.06.2018

Estonia's gross domestic product (GDP) per capita expressed in purchasing power standards (PPS) last year made up 77% of the average European Union rate, compared to 75% in 2016, the indicator was lower in seven member states and the same as Estonia's in two other member states, cites LETA/BNS.

Keyword tags: Analytics, Economics, Estonia, EU – Baltic States, GDP



Swiss institute: Latvia least competitive among Baltic states

Swiss institute: Latvia least competitive among Baltic states

19.06.2018

Also in 2018 Latvia ranked the 40th most competitive country in the world compared, and is still showing the lowest score among its Baltic neighbors, according to the annual World Competitiveness Ranking developed by the International Institute for Management Development (IMD) World Competitiveness Center in Switzerland, informs LETA.

Bank of Latvia lowers GDP growth forecast for 2018 to 3.9%

Bank of Latvia lowers GDP growth forecast for 2018 to 3.9%

19.06.2018

The Bank of Latvia has revised its forecast for Latvia's gross domestic product (GDP) growth in 2018 to 3.9% from the previous estimate of 4.1%, the central bank said in its latest Macroeconomic Development Report, cites LETA.


In 2017, gross inland fuel and energy consumption amounted to 7.67 mln tonnes of oil equivalent in Lithuania

In 2017, gross inland fuel and energy consumption amounted to 7.67 mln tonnes of oil equivalent in Lithuania

18.06.2018

Statistics Lithuania informs that in 2017 gross inland fuel and energy consumption amounted to 7.67 million tonnes of oil equivalent and, against 2016, grew by 4.7%.

Estonia leads among Baltics in World Press Freedom Index 2018

Estonia leads among Baltics in World Press Freedom Index 2018

18.06.2018

Lithuania ranks 36th in the annual World Press Freedom Index 2018, produced by Reporters Without Borders, unchanged from last year. Neighboring Latvia comes in 24th in the index, Estonia is 12th, reports LETA/BNS.


18.06.2018

Latvian rural bus networks unsuited for needs of foreign tourists

The Latvian rural bus networks are unsuited for the needs of foreign tourists willing to travel around the countryside, according to a study conducted as part of Caito, a project of the EU Interreg Central Baltic program for cross-border cooperation, informs LETA.

18.06.2018

New opportunities and trends in Nordic cooperation

Northern Europe is known for its open knowledge societies and innovative economies. Here in the north, the Baltic Sea region, the Nordic countries and the European Arctic overlap, and Finland is integral to each one. We are all Arctic, all Nordic and we hold a particularly central position in the Baltic Sea region. Over 40% of Finland’s foreign trade is with countries around the Baltic Sea, and Sweden and Denmark by themselves account for a similar, high proportion of all foreign direct investment in Finland.

18.06.2018

80% households in Latvia cannot afford to buy homes

As many as 80% of households in Latvia cannot afford to buy a home, Economics Minister Arvils Aseradens (Unity) said on June 15th during a meeting with municipal leaders from Riga Planning Region, informs LETA.

15.06.2018

EU Budget – what about Eastern Europe?

The European Commission (EC) presented its proposal for the European Union (EU) Budget 2021- 2027 also known as the Multiannual Financial Framework (MFF), on 2nd May 2018. DBRS foresees a period of long and complex negotiations, particularly for those member states facing the prospect of higher contributions and those that might receive less funds.

15.06.2018

Finesse with competition on gas market

The laws govern the rights, duties and liability within the issuing country. They are binding for all parties implementing their rights or duties in the particular country and such parties are also subject to liability specified there. Consequently, a party is responsible for its activities in the territory of the particular country in accordance with legal regulation of such country.

14.06.2018

Cinema attendance set a new record in Estonia in 2017

According to Statistics Estonia, in 2017, cinema attendance set a new record, surpassing 3.5 million visits for the first time. Cinema attendance has doubled in the last ten years. The rising popularity of cinemas can be explained by an increase in the number of cinemas and a wider selection of films as well as by the generally higher living standard.

13.06.2018

Eesti Energia again emerges as most highly regarded employer in Estonia

The state-owned energy group Eesti Energia topped the list of Estonia's most highly regarded employers for the fifth year running according to the annual employer reputation survey of Kantar Emor, cites LETA/BNS.

13.06.2018

Family in Vilnius can afford smaller apartment than in Riga, Tallinn

A family with average income in Vilnius could afford buying the smallest apartment among the Baltic capitals in the first quarter, writes LETA, according to Swedbank's Baltic Housing Affordability Index.

13.06.2018

Moving to Riga: the city among the Top 5 best cities for relocation

Furnished apartment search engine, Nestpick, has released a study revealing the first month living costs involved with relocating to 80 cities around the globe. From years of experience helping individuals to move, Nestpick knows that the initial costs involved with relocation can vary widely depending on location. To help those looking to move, the furnished apartment and room aggregator decided to investigate the general costs that a person might incur during their first month in a new city. The index is designed to be an indicator of the cost of relocating to some of the world’s most in-demand cities, and therefore a useful tool for the increasing numbers of digital nomads, millennials, students and expats who are seeking work and life opportunities abroad.

12.06.2018

Audit: Estonian local governments don’t guarantee security of data

The security of the data entrusted to Estonia's local governments is not guaranteed as required, it appears from an audit taken by the National Audit Office, cites LETA/BNS.

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