International Internet Magazine. Baltic States news & analytics
Sunday, 19.01.2020, 02:39
The “green transition” imposes numerous constraints for the EU states. Among other things, there are the EU institutions and the member states’ efforts to deliver on the European idea of the global first climate-neutral bloc by 2050. These efforts are facing numerous challenges, including complex financial issues. The EU multi-annual budget as well as the member states’ involvement shall provide adequate assistance…
Keyword tags: Analytics, Energy, EU – Baltic States, Financial Services, Investments, Modern EU
According to Statistics Estonia, the preliminary estimate of the population of Estonia as at 1 January 2020 was 1,328,360, which is 3,540 persons more than at the same time a year ago.
The aggregate value of merger and acquisitions in the Baltic states last year reached EUR 1 bn, LETA learned from mergers and acquisitions consultancy Oaklin.
Data of the survey conducted by the Central Statistical Bureau (CSB) in 2019 show that 434 thousand persons or 22.9% of the population of Latvia were at risk of poverty1 in 2018 – 0.4 percentage points less than in 2017. Disposable income2 of this share of population was below the at-risk-of-poverty threshold.
Corporate debt grew faster last year, at a rate that reached around 6% at the end of the third quarter. Estonian companies again borrowed mostly from banks operating in Estonia, but they also used other sources of loans more than they did last year. Household debt grew fast because the labour market remained favourable and supported strong demand for loans.
Last year the birthrate in Latvia continued to decline, dropping to the lowest level in decades, demographer Ilmars Mezs told LETA.
Foreigners have invests EUR 7.03 bn in share capital of Latvian-registered companies at the end of 2019, which is by EUR 125.42 mln less than at the end of 2018, according to Lursoft business database writes LETA.