International Internet Magazine. Baltic States news & analytics
Tuesday, 24.01.2017, 07:06
Developing stronger and stable capital markets in the EU and the member states is crucial for the European development. CMU gives businesses access to alternative, more diverse sources of funding. The Commission suggests new CMU’s review, which will assess the optimal ways for free capital movements across borders. Besides, it will increase the European companies’ competitive and investment opportunities.
Keyword tags: Analytics, EU – Baltic States, Financial Services, Law and Regulations, Modern EU
The results of the survey conducted by the Central Statistical Bureau (CSB) in 2016 show that, compared to 2014, in 2015 the most rapid household disposable income1 growth – of 10.6 % – was observed in the poorest households (belonging to the 1st quintile group). The average annual income increase in the country accounted for 7.6 %. The smallest increase was recorded in the households belonging to the 2nd quintile group – of 4.8%. In the richest households (those belonging to the 5th quintile group) the annual income rise (comprising 5.7%) was smaller than the national average.
Corporate debt liabilities shrank in the third quarter of 2016 despite the rapid growth in bank loans. Growth in household loans accelerated, but remained slower than growth in incomes and savings. As before, more financial assets were invested abroad or returned there than were taken in from abroad
Results of the survey conducted by the Central Statistical Bureau (CSB) in 2016 show that,compared to 2014, in 2015 household disposable income1 increased by 7.6 %, reaching 417 euros per household member monthly. Compared to the increase recorded in previous years – 9.3% in 2014 and 10.7% in 2013 – the income growth rate has slowed down slightly.
All Rietumu Asset Management (RAM) investment funds have shown positive dynamics over the past year. The highest growth has been demonstrated by the High Yield (+ 15.58%) and Global Equity (+ 15.12%) funds. These are the results published in the December review of the RAM investment funds.
Production in Latvia's construction sector in the third quarter of 2016 decreased 22 % as compared to July-September 2015, which was the biggest drop across the European Union member states, according to Eurostat's revised data.
The spending of Lithuanian households on essential goods remains the lowest in the Baltic states, however, is rapidly catching up with Latvia, shows an index of household spending published by the research company Baltic Market Insights (Baltmi). According to the survey, Lithuanians spend an average of nearly 2 euros more than Latvians during a single visit to the store, however, are still behind Estonia, reports LETA/BNS.
Residents of Lithuania are happier than Latvians and Estonians, however, all in all, people of all three Baltic states are not as happy as the world population, shows a World Barometer published by Win/Gallup International and Baltic Market Insights, writes LETA/BNS.
With roughly 50 merger and acquisition deals announced in Latvia last year, the number of M&A deals in 2016 remained virtually unchanged from 2015, according to a report released by Murinus Advisers writes LETA.
According to the data of the Central Statistical Bureau (CSB), the Latvian external trade turnover dropped slightly (0.6%) month-on-month. Within a month, the goods export and import values dropped by 0.1% and 1.1% respectively. Year-on-year, the goods export and import values posted positive growth by 3.4% and 3.2% respectively, which is a good performance, given the still low level of external demand.
Lithuania and Latvia were the two Balts to post a decline in exports in the January-November period of 2016 year-on-year, while Estonia observed an increase, Eurostat said on Monday.
Last year investments in commercial real estate property in Latvia for the fourth consecutive year exceeded EUR 300 mln, Colliers International consultancy informed BC.
According to the initial estimates of Statistics Estonia, the population number of Estonia as at 1 January 2017 was 1,317,800, which is 1,850 persons more than at the same time a year ago.