International Internet Magazine. Baltic States news & analytics
Saturday, 19.08.2017, 16:04
Unemployment: lowest in the last 9 years in Latvia
18.08.2017The labour force survey data received today are not surprising: unemployment in Latvia continues to drop. At 8.9%, unemployment rate is the lowest since 2008 and lower than Latvia’s historical average. It is also slightly lower than the current euro area average. Moreover, unemployment may have even dropped slightly below the natural rate (Fig. 1).
Keyword tags: Analytics, Direct Speech, Employment, EU – Baltic States, Inflation, Latvia
6,100 Latvian families with children have used government support to buy housing
18.08.2017Development Finance Institution Altum (Altum) has so far granted over 6,100 loan guarantees under the government support program helping families with children buy their first housing, Altum representatives told LETA.
Lithuania posts EU's highest annual inflation in July
18.08.2017Lithuania registered the EU's highest annual inflation rate for July 2017, figures from the EU statistical office Eurostat showed on Thursday, cites LETA/BNS.
Latvians' overall mood has become more upbeat
18.08.2017The overall mood of Latvia’s residents has become more upbeat lately, Teika Lapsa, a spokeswoman for Baltic International Bank, told LETA citing the bank’s latest Latvian Barometer survey.
All 3 Baltic countries post annual growth of H1 exports
18.08.2017All three Baltic countries posted year-on-year growth in exports for the first half of 2017, figures from the EU statistical office Eurostat showed on August 16th, cites LETA/BNS.
Only Estonia saw households' expenses rise in Baltics in July
The dynamics of average monthly household expenses was different in the three Baltic countries in July 2017, with downward movements compared with the preceding month registered in Latvia and Lithuania and a minor increase in Estonia, it appears froma survey by Baltic Market Insights (Baltmi), cites LETA/BNS.
USAID: viability of Estonian civil society declined in 2016
Estonia once again tops the Civil Society Organization (CSO) Sustainability Index for Central and Eastern Europe and Eurasia for 2016 published by the United States Agency for International Development (USAID), although this time Estonia is among the countries where after years of fast development a setback can be seen, writes LETA/BNS.
Latvia shows EU's second fastest economic growth in Q2
During the second quarter of the year 2017 Latvia showed the second fastest economic growth against the same period last year, according to preliminary data on 21 EU member states, released by Eurostat today, cites LETA.
Latvians need EUR 3,342 monthly to fulfill all dreams
The average monthly amount that a person living in Latvia needs to fulfill all one’s dreams is 3,342 euros, informs LETA, according to the poll conducted by SKDS pollster.
SEB: unemployment level in Latvia might drop to 8.6% by end-2017
Unemployment level in Latvia by the end of this year might drop to 8.6%, but at the end of 2018 it might reach 7.4%, said SEB Banka macroeconomic expert Dainis Gaspuitis, commenting on the latest unemployment figures, cites LETA.
Latvians' life satisfaction hits all-time high
The life satisfaction levels of Latvia’s residents has hit an all-time high, a survey by SKDS pollster shows, cites LETA.
62.6% Latvia’s population were employed in Q2
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that since the 2nd quarter of 2016 the employment rate has increased by 0.8 percentage points.
In Q2, Latvian unemployment rate fell to 8.9%
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2017 the Latvian unemployment rate constituted 8.9%. Compared to the previous quarter, the unemployment rate decreased by 0.5 percentage points, whereas, compared to the same period of the year before – by 0.6 percentage points.
Half Estonian businesses expect profit to increase in 1 year
A total of 58% of Estonian business operators expect their revenue to increase in the next 12 months, while 52% of the respondents anticipate an increase in profit during the same period of time, a survey by the financial services company Grant Thornton indicates, cites LETA/BNS.
Lembergs, Sesks, Pozarnovs were highest-paid mayors in Latvia in 2016
Ventspils Mayor Aivars Lembergs (For Latvia and Ventspils), Liepaja Mayor Uldis Sesks (Liepaja Party), and the new Baldone Region Council Chairman Andrejs Pozarnovs (Honor to Serve Our Latvia) are the highest-paid mayors in Latvia, writes LETA, according to the State Revenue Service's data based on municipal leaders' declarations for 2016.
Circular economy: new political economy guidelines
