International Internet Magazine. Baltic States news & analytics
Wednesday, 20.06.2018, 22:09
In 2017, amount of electricity produced in hydro and wind power plants in Latvia up by 70.5%
20.06.2018Data of the Central Statistical Bureau (CSB) show that, in 2017 gross energy consumption1 in Latvia comprised 194.9 petajoules (PJ), which is 5.5% more than in 2016. Over the past five years (from 2013 to 2017), the gross energy consumption has not changed significantly, however the share of renewables has increased by 2.55 percentage points.
Keyword tags: Analytics, Energy, Good for Business, Latvia
Lithuanian travelers spent EUR 186.5 mln abroad in Q1
20.06.2018Lithuanian tourists spent 186.5 million euros abroad in the first quarter of 2018, up 10.7% year-on-year, the latest figures from the Statistics Lithuania have revealed, cites LETA/BNS.
Cargo transportation volume up 16.3% in Lithuania in Q1
20.06.2018The volume of goods transported in Lithuania by all means of transport rose to 35.7 million tons in the first quarter of 2018, up 16.3% from the same period last year, new figures from the Statistics Lithuania show, cites LETA/BNS.
Estonia's GDP per capita is 77% of EU average
20.06.2018Estonia's gross domestic product (GDP) per capita expressed in purchasing power standards (PPS) last year made up 77% of the average European Union rate, compared to 75% in 2016, the indicator was lower in seven member states and the same as Estonia's in two other member states, cites LETA/BNS.
Swiss institute: Latvia least competitive among Baltic states
19.06.2018Also in 2018 Latvia ranked the 40th most competitive country in the world compared, and is still showing the lowest score among its Baltic neighbors, according to the annual World Competitiveness Ranking developed by the International Institute for Management Development (IMD) World Competitiveness Center in Switzerland, informs LETA.
Bank of Latvia lowers GDP growth forecast for 2018 to 3.9%
The Bank of Latvia has revised its forecast for Latvia's gross domestic product (GDP) growth in 2018 to 3.9% from the previous estimate of 4.1%, the central bank said in its latest Macroeconomic Development Report, cites LETA.
In 2017, gross inland fuel and energy consumption amounted to 7.67 mln tonnes of oil equivalent in Lithuania
Statistics Lithuania informs that in 2017 gross inland fuel and energy consumption amounted to 7.67 million tonnes of oil equivalent and, against 2016, grew by 4.7%.
Estonia leads among Baltics in World Press Freedom Index 2018
Lithuania ranks 36th in the annual World Press Freedom Index 2018, produced by Reporters Without Borders, unchanged from last year. Neighboring Latvia comes in 24th in the index, Estonia is 12th, reports LETA/BNS.
Latvian rural bus networks unsuited for needs of foreign tourists
The Latvian rural bus networks are unsuited for the needs of foreign tourists willing to travel around the countryside, according to a study conducted as part of Caito, a project of the EU Interreg Central Baltic program for cross-border cooperation, informs LETA.
New opportunities and trends in Nordic cooperation
Northern Europe is known for its open knowledge societies and innovative economies. Here in the north, the Baltic Sea region, the Nordic countries and the European Arctic overlap, and Finland is integral to each one. We are all Arctic, all Nordic and we hold a particularly central position in the Baltic Sea region. Over 40% of Finland’s foreign trade is with countries around the Baltic Sea, and Sweden and Denmark by themselves account for a similar, high proportion of all foreign direct investment in Finland.
80% households in Latvia cannot afford to buy homes
As many as 80% of households in Latvia cannot afford to buy a home, Economics Minister Arvils Aseradens (Unity) said on June 15th during a meeting with municipal leaders from Riga Planning Region, informs LETA.
EU Budget – what about Eastern Europe?
The European Commission (EC) presented its proposal for the European Union (EU) Budget 2021- 2027 also known as the Multiannual Financial Framework (MFF), on 2nd May 2018. DBRS foresees a period of long and complex negotiations, particularly for those member states facing the prospect of higher contributions and those that might receive less funds.
Finesse with competition on gas market
The laws govern the rights, duties and liability within the issuing country. They are binding for all parties implementing their rights or duties in the particular country and such parties are also subject to liability specified there. Consequently, a party is responsible for its activities in the territory of the particular country in accordance with legal regulation of such country.
Cinema attendance set a new record in Estonia in 2017
According to Statistics Estonia, in 2017, cinema attendance set a new record, surpassing 3.5 million visits for the first time. Cinema attendance has doubled in the last ten years. The rising popularity of cinemas can be explained by an increase in the number of cinemas and a wider selection of films as well as by the generally higher living standard.
Eesti Energia again emerges as most highly regarded employer in Estonia
The state-owned energy group Eesti Energia topped the list of Estonia's most highly regarded employers for the fifth year running according to the annual employer reputation survey of Kantar Emor, cites LETA/BNS.
Artificial intelligence in action: World Cup's champion is predicted
