International Internet Magazine. Baltic States news & analytics
Tuesday, 01.09.2015, 06:54
Data compiled by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2015, compared with the 1st quarter of 2015, gross domestic product (GDP) at constant prices, according to seasonally adjusted data, rose by 1.2%. Compared with the 2nd quarter of 2014, GDP rose by 2.7% both according to seasonally adjusted and seasonally unadjusted data.
According to Statistics Estonia, in July 2015, the production of industrial enterprises decreased by 6% compared to July of the previous year. Production decreased in manufacturing, energy production and mining.
According to Statistics Estonia, in July 2015 compared to July of the previous year, the retail sales of goods of retail trade enterprises increased by 9% at constant prices.
The U.S. agrochemical and agricultural company Monsanto said it would abide by Latvia and Greece's requests under a new European Union (EU) opt-out law to be excluded from its application to grow a genetically modified (GM) crop across the EU, reports LETA/EURACTIV, according to Reuters.
A number of important bills have not been passed by Latvian Saeima and, as a result, the state budget has failed to collect EUR 30 million from the shadow economy, Finance Minister Janis Reirs (Unity) said in an interview with Latvian State Television this morning, reports LETA.
On 27 August 2015, Minister of Foreign Affairs of Lithuania Linas Linkevicius began his official visit to Indonesia. In Indonesia's capital city Jakarta, Linkevicius met with Indonesian Foreign Minister Retno Marsudi to discuss strengthening relations between Lithuania and Indonesia, international issues and opportunities for Lithuanian entrepreneurs to work in the Indonesian market, Lithuania's MFA reports BC.
On August 31st, a conference takes place in the Estonian University of Life Sciences in Tartu where officials, scientists, pig farmers and hunters are trying to reach solutions in order to put an end to the spread of the African swine fever in Estonia, the fight against which has cost 2.78 million euros so far, LETA/Postimees Online reports.
In order to popularize Estonian local food, September 2015 is declared for the first time the Estonian Food Month; in total over 30 events dedicated to Estonian food will take place, LETA/Postimees Online reports.
Latvian Health Minister Guntis Belevics (Greens/Farmers) supports increasing minimum wage as salaries for medical personnel will increase as a result, reports LETA.
An Egyptian court sentenced three Al-Jazeera reporters to three years in prison on August 28th, in a shock ruling following global demands for their acquittal. Australian-Latvian journalist Peter Greste also among them, reports LETA/AFP.
Vilnius County Police Headquarters has announced that the due date for best and final offers (BAFOs) regarding the Vilnius Police Infrastructure Public Private Partnership (PPP) project is September 10, 2015, reports BC chief project manager for PPP Irmantas Butkauskas.
Around EUR 1 million will be invested in the development of the Kentucky Fried Chicken (KFC) and Pizza Hut in Latvia, the KFC franchise owner in the Baltic countries Sigurdur Arnar Sigurdsson told LETA.
Initial data on second-quarter financial results in 2015 indicate that sales revenue generated by enterprises is falling, yet it has not prevented them from increasing their number of employees in Estonia, commented SEB, writes Äripäev.ee/LETA.
Latest data compiled by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2015 the average monthly gross wages and salaries in the country accounted for 815 euros.
The Register of Enterprises has decided not to enter the Russian state-owned information agency Russia Today in the list of representations registered in Latvia, the Register of Enterprises told LETA.