International Internet Magazine. Baltic States news & analytics
Sunday, 21.04.2019, 01:48
Are you part of the collaborative economy?
18.04.2019According to 2018 survey results on the usage of Information and Communication Technologies (ICT) 19 % of individuals in the European Union (EU) arranged accommodation (room, apartment, house, holiday cottage, etc.) via websites or apps from another private individual for private purposes in the preceding 12 months.
Keyword tags: Analytics, EU – Baltic States, Markets and Companies, Statistics
Main producers of chocolate in the EU
18.04.2019In 2017, the European Union (EU) produced around 4.0 million tonnes of chocolate, worth 18.3 bn EUR, informed Eurostat.
Banking scandals may make borrowing more expensive
18.04.2019The financial position of the Estonian banking sector is good and the risks to it are small. The biggest risks for Estonian banking are related to the money laundering scandals that have hit the Nordic banking groups operating in Estonia. Reputational damage to the banks could worsen the funding conditions of the Nordic banking groups, which could also make loans more expensive and harder to access for people and companies in Estonia.
Prices of new apartments in Riga's residential neighborhoods up 2% in March - association
18.04.2019In March 2019, the average price of new apartments in Riga’s residential neighborhoods climbed 2 percent from February 2019, according to the housing market price indicator drawn up by the Latvian Real Estate Association (LANIDA).
Upturn in registered marriages in Latvia, birth numbers keep declining
18.04.2019Provisional data compiled by the Central Statistical Bureau of Latvia (CSB) show that over the past three years the number of registered marriages has risen slightly. In 2018, 13.4 thousand marriages were registered, which is 200 marriages more than in 2017 when the increase recorded over the year constituted 148 marriages.
Decline in vocational education enrolments in Latvia
Data1 compiled by the Central Statistical Bureau of Latvia (CSB) show that in the school year 2018/2019 vocational education enrolments accounted for 27.2 thousand, which is 4.8 % less than a year ago, while the number of entrants has not changed.
Workers have started to prefer to work less
The Estonian economy has been one of the fastest growing in Europe in the past three years, and although that growth will slow this year, the labour market will not cool down so much.
Apartment prices in Soviet-era standard design houses up 0.6% this year - Arco Real Estate
In March this year, apartment prices in Soviet-era standard design houses in Riga rose 0.4 % against February and increased 0.6 from the beginning of the year, Arco Real Estate said in its latest report on the situation in the standard-design apartment market, citin LETA.
OECD points to long-term unemployment as serious problem in Latvia
The Organization for Economic Cooperation and Development (OECD) says that the fact that long-term unemployed, including people who have lost hopes to find work, made up 3.3% of Latvia’s labor force in 2017 represents a serious problem, according to an OECD report on Latvia presented on Tuesday, writes LETA.
Latvian exports of forestry products up 19.8% in January-February
In January-February 2019, Latvia exported EUR 451.82 mln worth of forestry products, which is an increase of 19.8% against the same period a year ago, according to information released by the Agriculture Ministry writes LETA.
75% of EU funding available to Latvia invested in various projects
So far, 75% of the EU funding available to Latvia in this programming period have been invested in various projects, according to the Finance Ministry’s report on the absorption of EU funds writes LETA.
Foreign-controlled enterprises in EU: value added
n 2016, 1.2% of enterprises in the European Union (EU) were foreign-controlled. They accounted for 15.3% of EU employment and 25.0% of the value added in the non-financial business economy. Between 2010 and 2016, the share of value added by foreign-controlled enterprises in the EU rose by 2.3 percentage points.
TV3 tops list of most-watched TV channel in March
TV3 commercial television channel topped the consolidated list of most-watched TV channels in Latvia this past March with 10.1 percent of total viewing time, Kantar TNS representatives informed LETA.
Audited profit of Latvijas Gaze natural gas utility reaches EUR 23.193 mln in 2018
Latvijas Gaze natural gas utility posted EUR 297.778 mln in net turnover last year, which was by 11.8 % more than in 2017, while the company’s profit was EUR 23.193 mln, the company said in its statement to the Nasdaq Riga stock exchange.
In February, exports was boosted by the wood sector in Estonia
According to Statistics Estonia, in February 2019, compared to February 2018, the exports of goods increased by 4% and imports by 5%. Exports increased on account of wood and articles of wood and prefabricated wood buildings.
New research directions for the Baltics 
