International Internet Magazine. Baltic States news & analytics
Monday, 23.10.2017, 05:25
General government budget surplus amounts to 9.5 mln euros in Latvia in October
20.10.2017Results of the October 2017 Notification on General Government Budget Deficit and Debt[1] compiled by the Central Statistical Bureau (CSB) in line with the methodology of the European System of Accounts (ESA 2010) show that, in 2016 general government budget surplus accounted for EUR 9.5 mln or 0.04% of the Gross Domestic Product (GDP), whereas general government consolidated gross debt amounted to EUR 10 091.6 mln or 40.6% of the GDP.
Keyword tags: Analytics, Budget, Financial Services, GDP, Latvia
In 2016, the general government surplus totalled EUR 103 mln in Lithuania
20.10.2017Statistics Lithuania informs that in 2016, based on revised data, the general government surplus totalled EUR 103 million, or 0.3% of gross domestic product (GDP). In 2015, the general government deficit stood at 0.2% of GDP.
In September, level of producer prices in Latvian industry increased by 0.3%
20.10.2017Data of the Central Statistical Bureau (CSB) show that, compared to August, in September 2017 the level of producer prices in Latvian industry grew by 0.3%. Prices of products sold on the domestic market increased by 0.3%, and prices of exported products went up by 0.2%.
Wage pressure keeps the construction price index rising in Estonia
20.10.2017According to Statistics Estonia, the change of the construction price index in the 3rd quarter of 2017 was 0.9% compared to the previous quarter and 1.7% compared to the 3rd quarter of 2016.
The industrial producer price index didn’t change in Estonia in September
20.10.2017According to Statistics Estonia, in September 2017, the producer price index of industrial output changed by 0.0% compared to August and by 4.5% compared to September 2016.
Rietumu is acknowledged as one of the most valuable Latvia’s enterprises
Rietumu Bank is included in the TOP 10 Latvia’s most valuable enterprises recently presented by NASDAQ OMX Riga and consulting & investment company Prudentia, reported BC Eleonora Gailisha from Rietumu’s press service.
Ex-politician Slesers' son appears on list of Latvia's top earners
Edvards Slesers, a son of Latvia’s ex-politician Ainars Slesers, has for the first time made it to the list of Latvia’s biggest earners, according to Latvia’s Top100 Earners published by Dienas Bizness, cites LETA.
FinMin: Lithuania must save for future amid growing economy
Lithuania formed a surplus 2018 state budget for the first time since regaining independence in 1990, says Finance Minister Vilius Sapoka, adding this is necessary amid fast economic development and the need to accumulate reserves for a rainy day, reports LETA/BNS.
Decline in number of both newborn and deaths registered in Latvia in 9 months
Provisional demographic indicators compiled by the Central Statistical Bureau (CSB) show that during the first nine months of 2017 15 723 babies were born in Latvia, which is 1 113 children fewer than in the corresponding period of the last year.
Cloud computing used by 16.7% of enterprises in Latvia
Data of the Community Survey on ICT Usage and E-Commerce in Enterprises conducted by the Central Statistical Bureau of Latvia (CSB) show that at the beginning of 2017 out of the enterprises employing 10 or more persons 98.7% used Internet, while 62.9% of the enterprises had website.
ABLV Bank co-owners Fils and Bernis top Latvia's millionaires list again
For over ten years already, two ABLV Bank co-owners have been ranked first in the annual top of Latvia's millionaires collated by the business newspaper Dienas Bizness, cites LETA.
Estonian PM: Europe is currently seeing both a shortage of labor and a shortage of jobs
Estonian Prime Minister Juri Ratas and Minister of Health and Labor Jevgeni Ossinovski participated in a meeting held in Brussels, in which leaders of European Union institutions and representatives of European employers and workers discussed ways to bolster the economy as well as the social well-being of Europe, informs LETA/BNS.
Trade balance in national economy: EU’s assessment for 2016-17
European Union is one of the main trading blocks in the world. The 19 eurozone states are doing generally better than the EU-28: the latter recorded €5.1 bn deficit in trade in goods with the rest of the world in 2017 (in 2016 the deficit was €8.2 bn). But the eurozone countries are showing quite good results: a surplus of €145.3 bn in 2017, compared with a surplus of €172.2 bn in 2016; trade within the block has risen to about €1,2 trillion.
Most people in Estonia believe in EU's positive impact
According to a poll carried out by the European Parliament this fall, 81% Estonian citizens believe that Estonia has benefitted from being a member of the European Union, while the average indicator in the EU stands at 64%, reports LETA/BNS.
Swedbank Group is most valuable company in Baltics
The most valuable enterprise in the Baltic countries is Swedbank Group and the Latvian state-owned energy group Latvenergo is more valuable than the Estonian state-owned energy company Eesti Energia, it can be seen from a study carried out by the investment bank Prudentia and the Riga stock exchange, cites LETA/BNS.
Nobel in economics can help business and governments 
