International Internet Magazine. Baltic States news & analytics
Tuesday, 11.03.2014, 18:52
According to Statistics Estonia, in January 2014, exports of goods decreased by 20% and imports by 15% at current prices compared to January 2013.
Keyword tags: Analytics, Baltic Export, Baltic States – CIS, Estonia, EU – Baltic States, Foreign trade
Latest seasonally adjusted data (at current prices) compiled by the Central Statistical Bureau of Latvia show that, compared to December 2013, manufacturing turnover1 in January 2014 dropped by 3.2%, of which by 0.6% in domestic market and by 6.4% in export.
The European Commission approved of the application of Estonian agriculture ministry to pay direct subsidies exceptionally to pig farming too in 2014, in order to ease the complicated situation in the sphere, LETA/Public Broadcasting reports.
Ryanair, Europe’s favourite low fares airline, today (11 Mar) announced a new partnership with Travelport, a leading distribution services and e-commerce provider for the global travel industry, allowing Travelport-connected agents worldwide access to Ryanair’s low fares and comprehensive route network, informed BC Elina Hakkarainen.
Latvian airline airBaltic has concluded an agreement with the international tour operator Tez Tour for summer flights from Riga to Varna, Bulgaria, reports BC Janis Vanags, vice president of corporate communications at airBaltic.
When answering MPs questions in front of Estonian Riigikogu on Monday, the Minister of Economic Affairs and Communications Juhan Parts noted that the Rail Baltica project might be at risk from differences of positions between the participating counties, writes LETA/National Broadcasting.
Lithuania's President Dalia Grybauskaite visited the Elektra enterprise. The enterprise operating in Virbaliu village for 2 decades employs nearly 80 local residents, informs LETA/ELTA.
Spain's biggest low-cost carrier Vueling launches direct flights on the route Tallinn-Barcelona on June 20, 2014, LETA/Public Broadcasting reports.
The week-long tests of electrobus were highly successful in Tallinn, the City of Tallinn said in a statement, cites LETA.
As the Lithuania's politicians consider the country's Presidency of the European Union (EU) Council as successful and at the same time express their nuisance related to the stopped EU-Ukraine negotiations over the Association Agreement, Ambassador of Georgia to Lithuania Khatuna Salukvadze say that Vilnius Summit has become the historic event for Georgia, informs LETA/ELTA.
Lithuania's President Dalia Grybausakite said that, having started the military actions in Crimea, Russia did not think about the pullback and the preservation of the dignity, informs LETA/ELTA.
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in January 2014 amounted to LTL 5.9 billion, imports – LTL 6.4 billion. Exports of goods of Lithuanian origin amounted to LTL 3.5 billion. The foreign trade deficit of Lithuania amounted to LTL 0.5 billion.
Latvia's share of renewable energy in final energy consumption amounted to 35.8% in 2012, the second highest in the European Union, according to the EU's statistical office Eurostat, cutes LETA.
So-called social dumping becomes a problem among the EU states regardless of the fact that vast majority of people move from one country to another to find employment, rather than claiming benefits. “Moving workers” are of considerable benefit to the economies and the welfare systems of the receiving countries. Working migrants rose from 4.7 million in 2005 to 8 million in 2013. However, the annual mobility rate in 2011-12 was only about 0.2% of the total EU population.
In early March 2014, the retail price for 95 octane gas in Latvia was EUR 1,313 per 1,000 liters – the fifth lowest price in the European Union, according to the European Commission's data on fuel prices in the EU, reports LETA.