International Internet Magazine. Baltic States news & analytics
Monday, 24.10.2016, 02:48
Overweight or obese adults make up 21.3 percent of Latvia's population, which is the second highest figure in the European Union (EU), according to the latest data from Eurostat.
Keyword tags: Analytics, EU – Baltic States, Health, Latvia, Society
Following the plan on completing Europe's Economic and Monetary Union, the Commission decided last October to set up a European Fiscal Board as an independent advisory board on fiscal matters. The Board consists of five “fiscally-wise persons” and will start working soon.
The NordBalt power interconnection between Lithuania and Sweden is back in service on Friday after an outage of several hours due to unknown reasons, reports LETA/BNS.
Estonian defense contractor Threod Systems has won internal security tenders in Greece, Cyprus and Kazakhstan, and plans to start offering its products in Ukraine and Indonesia in the future, according to Eesti Paevaleht reports writes LETA/BNS.
In August 2016, Latvia’s current account had a surplus of EUR 0.03 bln, which was the second smallest surplus among EU member states, reporting their current account data, the EU’s statistics office Eurostat informed.
The Estonian aircraft repair and maintenance company Magnetic MRO has concluded an agreement with the international logistics company Kuehne + Nagel for cooperation in engine logistics, reports LETA/BNS.
Since the Ukraine crisis began, the Baltic countries' orders for new defense equipment have doubled and will double again in the next two years, according to an analysis released by IHS Markit on Thursday writes LETA.
Lithuania will start lacking electricity in just over a decade and power interconnections will not be enough, if no changes are made, says Energy Minister Rokas Masiulis, adding that the country should consider construction of gas-powered or nuclear plants, reported LETA/BNS.
The 2016 Pension Sustainability Index compiled by German insurance company Allianz shows the pension system of Latvia as the seventh most sustainable in the world, followed by the pension system of Estonia in eighth place, writes LETA/BNS.
Latvia will begin the process of purchasing two new helicopters for the State Border Guard next year, Interior Minister Rihards Kozlovskis (Unity) said during a Saeima Defense, Internal Affairs and Corruption Prevention Committee meeting today, reports LETA.
With prices in Nord Pool's fourth Swedish bidding area having reached the same average level as in Lithuania, electricity is flowing from Lithuania to Sweden via the NordBalt interconnection, writes LETA/BNS.
The price of electricity in Nord Pool Spot's Lithuanian bidding area last week averaged 38.4 euros per megawatt-hour, up by 1.4% from a week earlier, but down by 40% from a year earlier, Litgrid said on Monday.
Last week electricity prices in Latvia and Lithuania were EUR 38.4 per MWh, which is by 1% higher than a week ago, according to Latvia’s Latvenergo power utility reported writes LETA.
In September this year, Latvia recorded the eighth highest inflation rate among EU member states, according to the latest data released on Monday by Eurostat.
Some 29.3% of the Lithuanian population were at risk of poverty or social exclusion in 2015, which is the one of the highers numbers in Europe, figures from the EU statistical office Eurostat showed on Monday. The number declined by 1 ppt from 2008, writes LETA/BNS.