International Internet Magazine. Baltic States news & analytics
Friday, 06.03.2015, 02:00
In 2014, investment in tangible fixed assets in Lithuania grew to EUR 5.1 billion
05.03.2015Statistics Lithuania informs that an annual publication Investment in Tangible Fixed Assets and Construction 2014 has been released. The publication provides the main statistical information on investment in tangible and intangible fixed assets, construction work carried out by cons¬truc¬tion enterprises, building permits issued and residential and non-residential building construction.
Keyword tags: Analytics, Construction, Good for Business, Investments, Lithuania, Real Estate
In January, industrial production in Estonia increased by 2% y-o-y
05.03.2015According to Statistics Estonia, in January 2015, the production of industrial enterprises increased by 2% compared to January of the previous year. Production increased in manufacturing and mining, but decreased in energy production.
Vienna tops list of cities with best quality of life in 2015
05.03.2015The Austrian capital Vienna has the highest quality of life of any city in the world, followed by Zurich in Switzerland and Auckland, New Zealand, according to a survey published Wednesday. The highest ranking Baltic city was Vilnius (79th), followed by Tallinn (88th), and Riga (89th), informs LETA/AFP.
From 2008 to 2013 gender pay gap decreases most in Lithuania
05.03.2015In 2013, the gender pay gap stood at 16.4% in the European Union (EU). The gender pay gap represents the difference between average gross hourly earnings of male paid employees and of female paid employees as a percentage of average gross hourly earnings of male paid employees, Eurostat, the statistical office of the European Union announced, cites LETA/ELTA.
Unemployment level in Latvia increased to 9.1% at the beginning of March
05.03.2015The unemployment level has slightly increased in Latvia since January, Director of the State Employment Agency Inese Kalvane said in an interview with the LNT show "900 sekundes" this morning, cites LETA.
Lithuanians go on holiday abroad more often than average Europeans
The Eurobarometer survey carried out in January revealed that 59% of the polled Lithuanians went on holiday abroad in 2014, informs LETA/ELTA.
For housing maintenance Latvian households on average spend 138 euros per month
Results of the survey on income and living conditions carried out by the Central Statistical Bureau (CSB) show that in 2014 housing maintenance expenditure of households (1) has slightly increased, reaching 138 euros per month.
Latvia registered EU's fifth largest increase in retail trade turnover in January
In January 2015, compared with January 2014, the volume of retail trade increased by 6.7% in Latvia, which is the fifth best growth among the European Union member states for which data are available, according to latest information provided by Eurostat. In Lithuania, retail volume rose by 3.3%, but in Estonia – by 2.8%, writes LETA.
Banking sector’s role in supporting European SMEs
Banking sector is an important contributor to jobs and growth in the EU through the support for SMEs. The sector already provides in the EU-28 about €4 trillion in loans, a big share of which goes to SMEs. In some of the states, the sector’s share in SMEs’ lending is about 30-40%. Seeking to rebuild Europe's economy, this channel of funding shall be supported and developed.
Lithuania – among EU leaders in GHG emissions per capita
Annual greenhouse gas (GHG) emissions in Lithuania amount to 4-5 tons per capita and are among the lowest in the European Union (EU), the European Environment Agency (EEA) said in a report The European Environment – State and Outlook 2015, informs LETA/ELTA.
Estonia in 5th place in Global Cyber Security Index 2014
The so-called Global Cyber Security Index 2014, devised by the ABI Research company, shows Latvia in seventh place among the countries, who were rated according to five criteria. Estonia is leading among Baltics with 5th place and Lithuania is placed 14th, informs LETA.
Lithuania to be among most transparent EU countries in 2025
Deputy Director of the Special Investigation Service (STT) Romas Zienka says that in 2025 Lithuania should come within the top 10 of the most transparent Member States of the European Union, informs LETA/ELTA.
Total number of passengers carried in 2014 reduced slightly in Latvia
According to the data compiled by the Central Statistical Bureau (CSB), in 2014 the total number of passengers carried by public transport decreased by 0.7%.
Retail sales in Estonia grew by 5% in January y-o-y
According to Statistics Estonia, in January 2015 compared to January of the previous year, the retail sales of goods of retail trade enterprises increased 5% at constant prices.
73% Latvian households had broadband Internet access in 2014
In 2014, 73% of households in Latvia had access to broaband Internet. For comparison, in 2004, only 5% of households had broadband Internet access, reports LETA, according to the Central Statistical Bureau.
Future of tomorrows’ economy: incentives for business 
