International Internet Magazine. Baltic States news & analytics
Wednesday, 23.04.2014, 19:56
In the beginning of 2013, the mood among German companies operating in the Baltic States once again is very optimistic, thus carrying forward the trend of the past three years. The favourable economic conditions in the Baltic States and the positive prospects for the future also determine the expectations towards further developments of their turnovers and export activities and therefore let them expect a successful business year 2014, says the Business survey 2014 of the German-Baltic Chamber of Commerce (AHK).
Keyword tags: Analytics, EU – Baltic States, Financial Services, Good for Business, Investments, Markets and Companies
On Wednesday, the international information and communications technology week "Estonian ICT Week 2014" starts, bringing top players of the field from across the world to Estonia, LETA/Postimees Online reports.
The admission of student candidates to English-language curricula has concluded. The interest of international student candidates in studies in the University of Tartu has increased by more than 45% in comparison with the previous year, the University of Tartu said in a statement, cites LETA.
Deficit in the national budget in 2013 made up 1% of the Gross Domestic Product (GDP), which is the third lowest from all the European Union (EU) countries, latest data provided by Eurostat shows. The lowest budget deficit last year was registered in Estonia, informs LETA.
Purchasing Managers' Index (PMI) of production and services in the private sector of Eurozone in April 2014, has suddenly reached 54 points, in comparison with 53.1 points in March, the latest data, provided by company Markit, shows, reports RTTNEWS/LETA.
The Baltic States are still negotiation on the standard gauge railway project Rail Baltica 2 route and its branch-line to Lithuania's capital Vilnius. According to Prime Minister Algirdas Butkevicius who gave an interview to the radio station Laisvoji Banga an agreement should be reached by early July 2014, reports LETA/ELTA.
About one-half of the European Parliament candidates from Latvia are exposed to the risk of corruption, "Transparency International-Latvia's" (TI-L) Evija Goluba told reporters during a press conference at the Riga Central Market today, informs LETA.
The risks to the functioning of the Estonian financial sector are small, but the external environment is fragile, Estonia's central bank Eesti Pank said in its fresh financial stability report on Wednesday, cites LETA.
Vilnius Airport at the summer season 2014 offers regular flights to Vilnius from 42 cities of Europe, from 52 airports in 26 countries, the Airport said in a statement, cites LETA.
The Finance Ministry of Latvia has lowered its annual economic growth forecast for Latvia from 4.3% to 4% during the 2014-2016 period, informs LETA.
The European Bank for Reconstruction and Development (EBRD) made a decision this month to grant a loan to Estonian shale oil producer Viru Keemia Grupp (VKG), LETA/Public Broadcasting reports.
The system price of electricity at the Nordic electricity bourse Nord Pool Spot (NPS) fell in March in all price regions, the last time the monthly price was as low was in summer 2012, LETA/Postimees Online cites Estonian main grid company Elering.
79% all Finnish tourists visiting Estonia buy alcohol from Estonia to take back home; they spend an average of 122 euros per buyer for that, a study by TNS Emor indicates, LETA/Postimees Online reports.
Last year, turnover and profit grew for Moller Baltic Import ("Volkswagen" and "Audi" dealer), as Firmas.lv Ltd. Reports, cites LETA/Nozare.lv.
Lithuanian Government will continue to pursue that the standard gauge railway project Rail Baltica connecting the Baltic States would go through Vilnius, informs LETA/ELTA.