International Internet Magazine. Baltic States news & analytics
Saturday, 27.02.2021, 14:58
Latvia to impose curfew, state of emergency to be extended until February 7
29.12.2020The government in Latvia decided in principle on Tuesday to impose curfew during the coming New Year's holidays and Orthodox Christmas in order to restrict the movement of people, informs LETA.
Keyword tags: Analytics, Covid-19, EU – Baltic States, Latvia, Legislation, Transport
In 2019, household disposable income in Latvia increased by 6.8%
22.12.2020Results of the survey conducted by the Central Statistical Bureau (CSB) in 2020 show that, compared to 2018, in 2019 household disposable income (1) increased by 6.8 %, reaching 583 euros per household member monthly.
The Baltic PMs summed up the results of 2020
22.12.2020The Baltic states must strengthen cooperation in containing the Covid-19 pandemic and mitigating its consequences, Prime Minister Krisjanis Karins (New Unity) said in a video meeting with Estonian Prime Minister Juri Ratas and Lithuanian Prime Minister Ingrida Simonyte.
The Assessment of the LVM Round Timber Assortment Sales Process Confirms Its Economic Justification and Compliance with Legal Acts
21.12.2020The Supervisory Board of JSC “Latvia’s State Forests” (LVM) has concluded a comprehensive evaluation of the round timber assortment sales process. Based on compliance, financial, economic and legal examination performed by independent experts, the Supervisory Board concludes that the process of selling round timber assortments organized by LVM complies with the requirements of legislation and internal regulations, as well as has been economically justified, providing the company with an additional profit of 14.5 million euros during the period between 2016 and 2020.
Electric power generation in Latvia down 21% in November
18.12.2020In November 2020, electric power generation in Latvia decreased by 21% from November 2019, Augstsprieguma Tikls (AST) transmission system operator's representative Aija Ikstena reported LETA.
The number of births continues to decline in Latvia
Data of the Central Statistical Bureau (CSB) show that in 11 months of 2020, the number of births continues to decrease - 16.2 thousand births were registered in Latvia, which is 6.0 % less than in January – November 2019 (17.2 thousand).
Estonia: Online shopping rising along with spread of coronavirus
With the coronavirus on the rise once more during the final quarter of the year, the number of online shoppers has notably increased in nearly all product groups, it appears from the latest study of trends in online commerce conducted by pollster Kantar Emor, writes LETA/BNS.
Actual unemployment rate in Latvia at 7.9%
Data of the Labor Force Survey (LFS) conducted by the Central Statistical Bureau (CSB) show that in November 2020 the actual unemployment rate comprised 7.9%, which is 0.2 percentage points more than in October, writes LETA.
Lithuania's residential property prices edge up 0.4%
Residential property prices in Lithuania edged up by 0.4% in the third quarter of 2020 compared to the second quarter, Statistics Lithuania said on Friday.
20.7% Estonians lived at risk of poverty in 2019
According to Statistics Estonia, 2.3% of the population of Estonia lived in absolute poverty and 20.7% lived at risk of poverty in 2019. Compared to 2018, the share of people at risk of poverty fell by one percentage point. The share of people living in absolute poverty rose by 0.1 percentage point.
In Q3, Dwelling Price Index increased by 2.3% in Estonia
According to Statistics Estonia, in the third quarter of 2020, the Dwelling Price Index increased by 2.3% compared to the second quarter and by 3.9% compared to the third quarter of 2019.
Latvia's economic figures for this year will be better than previously projected
Latvia's economic performance this year will be better than previously forecast, according to a monitoring report by the Fiscal Discipline Council (FDP), cites LETA.
In November, the volume of freight arrivals at Riga airport increases, passenger turnover decreases
Passenger turnover at Riga Airport in November this year decreased by 90.9 % compared to November 2019. The total number of flights was 1 903, that is 70.1 % less. Data of the Central Statistical Bureau (CSB) show that total volume of arrivals and departures of freight and mail decreased by 4.5 % (1).
Largest-ever Baltic startup report launched - investor optimism grows, despite pandemic and fall in funding in 2019
Startup Wise Guys together with EIT Digital have launched their 3rd annual Baltic Startup Scene report, the largest to-date. For the first time ever, Baltic startups saw a reduction in total funding in 2019. Despite this, survey insights along with funding data for 2020 reveal that investor and startup optimism is rebounding, with 2020 H1 significantly outperforming 2019 H1 in terms of funding, even with the onset of a pandemic-induced economic downturn.
In Q3, the number of job vacancies in Latvia fell by 28.7%
Data of the Central Statistical Bureau (CSB) show that at the end of the 3rd quarter of the year 2020, there were 20.8 thousand job vacancies in Latvia and, compared to the 3rd quarter of the year 2019, this number has decreased by 8.4 thousand or 28.7 %. There were 7.9 thousand job vacancies in the public sector, but 12.9 thousand in the private sector.
On the verge of its 25th anniversary, The Baltic Course leaves business media market
