International Internet Magazine. Baltic States news & analytics
Sunday, 17.02.2019, 22:25
Unemployment has fallen to almost the same low level as in the economic boom
15.02.2019Unemployment fell in the final quarter of last year to 4.4% in Estonia, which is the same low level as in the economic boom. As the unemployment figure has fallen however, so the indicators for the functioning of the labour market have improved.
Keyword tags: Analytics, Banks, Direct Speech, Employment, Estonia, Labour-market
Number of foreign visitors hosted at Latvian tourist accommodation establishments has grown by 8.2%
15.02.2019Latest data compiled by the Central Statistical Bureau (CSB) show that 2.81 million visitors stayed at Latvian tourist accommodation establishments in 2017, which is 9.0 % more than during 2017. Compared to the previous year, the number of nights spent by visitors increased by 8.4%, reaching 5.37 million. The average length of stay comprised 2 nights.
Industrial production down by 0.9% in euro area
15.02.2019In December 2018 compared with November 2018, seasonally adjusted industrial production fell by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November 2018, industrial production fell by 1.7% in the euro area and by 1.2% in the EU28.
Number of dairy herds in Latvia drops 10.4% over past year
15.02.2019In January 2019 the number of dairy herds in Latvia had dropped by 10.4 percent from January 2018, according to information released by the Agricultural Data Center writes LETA.
Latvia has highest share of children with unmet needs for dental care in EU
15.02.2019In the European Union (EU) in 2017, 1.8% of children aged below 16 had medical needs that were not treated. This share was slightly higher for children living in households with one adult (2.2%) compared to those sharing households with two or more adults (1.8%), informed Eurostat.
Labour market indicators in Estonia have improved year-on-year
According to Statistics Estonia, in 2018, the labour force participation rate was 71.9%, the employment rate was 68.1% and the unemployment rate was 5.4%. The number of long‑term unemployed was the lowest of the last 20 years.
Kazakhstan augments its potential in terms of investment attractiveness
In "DoingBusiness" rating upon the criterion of "investment attractiveness" Kazakhstan takes the 36th place (according to 10 indicators) among 190 countries. And today, the Republic provides the most favorable treatment for the investors among all the countries of the former-Soviet region.
Estonia's current account ran EUR 13 mln deficit in December
A flash estimate published by the Bank of Estonia puts the Estonian current account at 13 mln euros in deficit in December 2018, informed Bank of Estonia,
Apartment prices in Soviet-era houses in Riga up 0.1% in January - association
In January this year, apartment prices in Soviet-era standard design houses in Riga's residential neighborhoods rose 0.1% from December 2018, according to the housing market price indicator drawn up by the Latvian Real Estate Association (LANIDA).
The unemployment rate in Lithuania stood at 6%, in Q4 2018
n IV quarter 2018, the unemployment rate stood at 6%. The male unemployment rate stood at 6.4, female – 5.5%. In IV quarter 2018, the youth (persons aged 15–24) unemployment rate stood at 11.1%; and over a quarter, it increased by 1.2 percentage points.
New Freeport of Riga Development Programme Provides for Expanded Port Operations
At the end of last year, the Board of the Freeport of Riga approved a new port development programme for the upcoming decade.he Development Programme 2019-2028 provides for significantly expanded operations at the Port of Riga, facilitating industrialisation and the entry of new companies into the territory of the Freeport of Riga, informed Freeport of Riga press service.
In 2017, Latvia had the highest share of environmental taxes in EU
Government revenues from environmental taxes amounted to 369 bn EUR in 2017 in the European Union (EU), compared with 264 bn EUR in 2002. Over the same period, the share of environmental taxes in total government revenues from taxes and social contributions1 decreased from 6.8% in 2002 to 6.1% in 2017.
Digital agenda and e-trade: perspectives for business in the Baltic States
European digital single market has opened additional opportunities for corporate activity in the Baltic States. Recently, the two EU legislative institutions, i.e. the European Parliament and the Council of Ministers reached an agreement on the online sales of goods and supply of digital content and services.
Latvia and Lithuania in TOP 5 EU Member States, the majority of scientists and engineers were women
In 2017, of almost 18 million scientists and engineers in the EU, 59% were men and 41% women, infotmed Eurostat.
Swedbank: Lower oil prices to cut into Estonia's exports
The price of oil is set to decline substantially this year, which will reduce the export turnover of mineral fuels with a certain delay, Swedbank said LETA/BNS.
Baltic defense ministers sign memorandum on creation of new NATO HQ
EU economy’s future: slow but positive growth
