International Internet Magazine. Baltic States news & analytics
Wednesday, 29.01.2020, 11:46
Kazāks is front runner to become next Latvian central bank governor
02.12.2019Economist Mārtiņš Kazāks emerged as the front runner in the race to become the next governor of the Latvian central bank (LB) according to LTV.
Keyword tags: Banks, Elections, Financial Services, Latvia
Estonia: Stable turnover growth in retail trade enterprises continued in October
02.12.2019According to Statistics Estonia, in October, the turnover of retail trade enterprises was 640 mln euros. The turnover increased by 4% at constant prices compared to October of the previous year.
Estonia: Stable economic growth continued
02.12.2019According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.2% in the 3rd quarter of 2019 compared to the same period of the previous year. The Estonian GDP was 7 bn euros at current prices.
Latvia: 1 091 euros received for the full-time work in the 3rd quarter
02.12.2019Data of the Central Statistical Bureau (CSB) show that in the 3rd quarter of 2019, compared to the 3rd quarter of 2018, the average monthly gross wages and salaries grew by 8.3% or EUR 84, reaching EUR 1 091 for full-time work. In the 1st and 2nd quarter, the growth rate was slower – 7.8%.
Latvia: GDP has grown by 2.9% in the 3rd quarter
02.12.2019Data compiled by the Central Statistical Bureau (CSB) show that in the 3rd quarter of 2019, compared to the 3rd quarter of 2018, the gross domestic product (GDP) (seasonally and calendar non-adjusted data) increased by 2.9%. In the 3rd quarter GDP at current prices was EUR 8.1 bn.
Swedbank cuts trading, safekeeping fees to zero in Baltics
Starting from today, Swedbank is offering free of charge trading in the Baltic equity market for its retail and corporate customers and applies zero safekeeping fee for private customers' security portfolios of up to 30,000 euros, reported LETA/BNS.
Estonia: Investors subscribe to Coop shares in extent of 71% of maximum IPO volume
During an initial public offering (IPO) of Coop Pank, some 11,000 investors subscribed to almost 33 mln of the bank's shares and as a result of the subscription, 71% of the original maximum planned IPO volume of 46 mln shares was achieved.
Croatia: Council’s Presidency in 2020 
