International Internet Magazine. Baltic States news & analytics
Thursday, 09.04.2020, 17:15
Alternative lending in Baltics is taking market share from traditional banks and credit unions
19.03.2019In the ever-growing European alternative finance market, Lithuania - together with other Baltic countries - shows peculiarly favourable results among the crowdlending operators.
Keyword tags: Financial Services, Lithuania, Technology
airBaltic carried 34% more passengers on Estonian routes in 2 months
19.03.2019The state-owned Latvian airline airBaltic carried over 70,000 passengers on direct flights departing from Tallinn during the first two months of 2019, 34% more than in January and February 2018, informed aircompany.
Surplus of goods and services balance does not avert current account deficit at year-end
19.03.2019Regardless of the weakening external demand and a decline in exports of agricultural products, the goods and services balance recorded a minimum surplus in the fourth quarter of 2018. This was largely supported by a sustainable services trade balance and slower growing imports of goods.
Luminor raises Lithuania's GDP growth forecasts
19.03.2019Luminor, one of Lithuania's biggest banks, on Tuesday raised its forecasts for the country's GDP growth to 3% in 2019 and 2.8% in 2020, informed LETA/BNS.
Estonia: Elering to conclude EUR 140 mln accord with Commission on synchronization funding
19.03.2019The Estonian transmission system operator Elering and the European Commission are about to sign a financing agreement on Tuesday on raising over 140 mln euros from Connecting Europe Facility (CEF) in co-financing for the first stage of the synchronization of the Estonian electricity system with that of Continental Europe, informed LETA/BNS.
Luminor: Estonia's economic growth to fall below 3% mark in 2019
Estonia's economic growth this year is forecast to be smaller than 3 %, while rapid wage growth is expected to attract growing numbers of foreign workforce, the latest economic forecast by Luminor says LETA/BNS.
Electricity prices go down across Baltics w/w - Elektrum Lietuva
Electricity market prices fell across the Baltic region last week, to 41.88 euros per megawatt-hour (MWh) in both Lithuania and Latvia, down by 1% and 2%, respectively, and to 42.01 euros in Estonia, down by 1%, Elektrum Lietuva said LETA/BNS.
Corona virus: lessons for the Baltic States
