International Internet Magazine. Baltic States news & analytics
Thursday, 09.04.2020, 16:17
Rigas Satiksme to receive EUR 130 mln subsidy
01.03.2019At a meeting of Rigas Satiksme municipal transport company’ management and shareholders on Friday it was decided to allocate a EUR 130 mln subsidy to the company from the municipal budget while continuing efforts to save the financially troubled company’s costs, Riga Mayor Nils Uskakovs (Harmony) said at the meeting.
Keyword tags: Financial Services, Latvia, Transport
In 2018, the average monthly gross wages and salaries in Estonia were 1,310 euros
01.03.2019According to Statistics Estonia, in 2018, the average monthly gross wages and salaries of enterprises, institutions and organisations were 1,310 euros, having increased by 7.3% compared to 2017. The average monthly gross wages and salaries increased in all economic activities, being the highest in the 2nd and 4th quarters.
The producer price index in Estonia increased in January
01.03.2019According to Statistics Estonia, in January 2019, the change in the producer price index of industrial output was 0.6% compared to December 2018 and 0.3% compared to January 2018.
Court orders Culture Ministry to pay EUR 9.3 mln to builders of National Library
01.03.2019The Riga City Vidzeme District Court has awarded EUR 9,272,319 to the builders of the National Library of Latvia, the general partnership Nacionalo Buvkompaniju Apvieniba (Association of the National Construction Companies), in their legal dispute with the Culture Ministry, which also has to pay EUR 60,083 in court fees, LETA was told at the court.
In 2018, average earnings in Latvia constituted EUR 1 004
01.03.2019Data of the Central Statistical Bureau (CSB) show that in 2018 the average gross wages and salaries for full-time work in Latvia comprised EUR 1004. Compared to 2017, average wages and salaries rose by EUR 78 or 8.4%, moreover in all economic activities.
In January, retail trade turnover in Latvia grew by 1.2%
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to January 2018, in January 2019 the total retail trade turnover rose by 1.2%. Turnover of retail trade in non-food products (except for retail sale of automotive fuel) increased by 2.3%, turnover of retail sale of automotive fuel by 2.5%, while turnover of retail trade in food products reduced by 0.7%.
Kaziukas Fair: 416 years of history alive in the streets of Vilnius
It’s not with the first flowers, the returning of birds, or the warmer temperatures that spring starts in Vilnius – Kaziukas Fair marks its beginning on 1-3 March. Filled with songs, crafts, and scrumptious food, the city’s oldest and largest fair is an experience to remember. Taking over the streets of the Old Town, the fair cherishes some of Vilnius’ ancient traditions while also embracing modern ones, making for an adventure that is both dynamic and unique. From culinary heritage and innovative food experiments, traditional performances and modern entertainment, to archaic crafts and contemporary design pieces – there’s so much to explore.
Corona virus: lessons for the Baltic States
