International Internet Magazine. Baltic States news & analytics
Wednesday, 16.10.2019, 08:01
Welcome remarks by Vytautas Vasiliauskas at the Economics conference Labour Market in the 21st Century:The Way Forward
15.10.2019Dear guests and distinguished speakers: A sincere ‘thank you’ for joining us at the yearly Lithuanian economics conference organised by the Bank of Lithuania.
Keyword tags: Analytics, Banks, Direct Speech, Economics, Financial Services, Labour-market, Lithuania
Estonia ranks 17th in EU for gender equality
15.10.2019Gender equality in Estonia, insofar as it concerns money, knowledge and power, has improved at a faster pace than the average in the European Union, the index of the European Institute for Gender Equality (EIGE) shows cited LETA/BNS.
Back Almost half of EU pupils study vocational programmes
15.10.2019In 2017, 21.4 mln pupils were studying at upper secondary level in the European Union (EU), out of which more than 10.2 mln (or 48%) were enrolled in vocational education, informed Eurostat.
Oil price pass-through to consumer prices in Latvia
14.10.2019According to our research*, a 10% increase in global oil prices raises the level of consumer prices in Latvia by 0.6% in the medium term. The increase in oil prices directly pushes up energy prices, i.e. the prices of car fuel, natural gas, heat energy, and – indirectly – the prices of food and services.
New light-vehicle registrations in the Baltic States grew by 19% in 3Q 2019
14.10.2019Analysis of fully-processed registrations’ data performed by AV Automotive Research / AutoTyrimai, based on source data obtained from Regitra (Lithuania), CSDD (Latvia) and Maanteeamet (Estonia), reveals that new light-vehicle (M1&N1) registrations in the Baltic States grew by 18.6% to 25’505 units in III quarter 2019.
Estonian ministry's analysis: Technical education ensures greater income
"Success on the Labor Market", a fresh analysis of the Estonian Ministry of Education and Research, indicates that a technical education ensures a bigger income, writes LETA/BNS.
Karbauskis, Zubas, investment fund among biggest land owners in Lithuania
Ramunas Karbauskis, leader of the ruling Lithuanian Farmers and Greens Union, businessman Darius Zubas and investment fund Fixed Yield Invest Fund are the biggest land owners in Lithuania,according the delfi.lt news website informed LETA/BNS.
Latvia's government debt might grow to EUR 11.65 bn by 2020-end
By the end of 2020, Latvia's government debt might grow to EUR 11.65 bn, according to the Finance Ministry's review of government debt trends, 2019-2022, writes LETA.
Latvian ports' cargo turnover down 3% in nine months
Latvian ports' cargo turnover in January-September this year amounted to 47.249 mln tons, which is 3% less than in the first half of 2018, according to the Transport Ministry's data.
Estonia: Corporate debt is growing more slowly than the economy is
The financial account statistics published by Eesti Pank today show that the growth in the debt of Estonian companies has accelerated a little this year. Companies invested more in the first half of 2019 than they did in previous years, and so they borrowed more to fund the investment. Even so, the growth of 4% in corporate debt over the year in the second quarter was notably less than the nominal growth in the economy.
Rail freight in Latvia down 12.4% in nine months
Freight transportation using the Latvian railway infrastructure amounted to 31.645 mln tons in the first nine months of this year, down 12.4% from the same period in 2018, the data of the Transport Ministry shows.
Gas consumption in Lithuania has grown by 10%,
According to the Lithuania’s gas transmission system operator Amber Grid, within three quarters of 2019, gas consumption in Lithuania has increased by 10%, and under favorable conditions in the international gas market, gas transmission to the neighboring Baltic States has almost doubled, the Amber Grid`s head of communication Laura Sebekiene informed BC.
Modern long-term EU budget for the period 2021-2027
The next multiannual financial framework (MFF) should be fit for the EU’s present and future challenges to deliver on the member states and citizens’ expectations. The Commission calls on EU Heads of State and/or Government to provide political guidance and new impetus to the negotiations in order to reach an agreement on a fair and balanced MFF.
In August value of goods exported from Latvia was 2.1% smaller than a year ago
Provisional data of the Central Statistical Bureau show that in August 2019 the foreign trade turnover of Latvia amounted to EUR 2.37 bn, which at current prices was 9.5% less than in August 2017, of which the exports value of goods was 2.1% lower, but imports value of goods – 15.1% lower.
Latvia has lost 1% of GDP as a result of 2017 tax reform - expert
Latvia has been losing around 1% of GDP each year due to the loss of budget revenue resulting from the 2017 tax reform, Inna Steinbuka, a member of the Fiscal Discipline Council, told journalist LETA.
Science policy: external and internal agendas 
