Analytics

International Internet Magazine. Baltic States news & analytics Tuesday, 07.04.2020, 17:30

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]
The Commission and EIF invest in states’ entrepreneurship

The Commission and EIF invest in states’ entrepreneurship

07.04.2020

Commission and European Investment Fund (part of EIB Group) unlock €1 bn in finance guarantees for 100 thousand SMEs. This will allow providing liquidity in the states in the amount of about €8 bn.

Keyword tags: Analytics, Business, EU – Baltic States, Financial Services, Investments, Markets and Companies, Modern EU



Study: Coronavirus awareness almost equal among Estonian, Russian-speaking residents

Study: Coronavirus awareness almost equal among Estonian, Russian-speaking residents

03.04.2020

The number of people who are following the guidelines issued for curbing the coronavirus outbreak has grown substantially, and Estonia's Russian-speaking residents have begun making more of an effort than the Estonian-speaking segment, it appears from a survey carried out by pollster Turu-uuringute AS, informed LETA/BNS.

1,792 people file jobless claims on first days of April

1,792 people file jobless claims on first days of April

03.04.2020

Altogether, 1,792 people registered as jobless in Latvia on the first days of April, increasing the total unemployed population to 63,219, the State Employment Agency's data referred LETA.


Electric power generation in Latvia down 1.2% in March

Electric power generation in Latvia down 1.2% in March

02.04.2020

In March 2020, Latvia generated 670,831 megawatt-hours (MWh) of electric power, down 1.2 percent from the respective period a year ago, Aija Ikstena, a representative of Augstsprieguma Tikls (AST) transmission system operator, informed LETA.

29.3% of households in Latvia had accumulated no savings at the beginning of 2020 - survey

29.3% of households in Latvia had accumulated no savings at the beginning of 2020 - survey

02.04.2020

At the beginning of this year, 29.3 percent of households in Latvia had not accumulated any savings, the Central Statistical Bureau (CSB) informed on Thursday, citing a provisional assessment.


02.04.2020

Making business fit for the future: deliberations on corporate perspectives

SMEs are the backbone of the member states’ economies: they represent over 95 percent of all entrepreneurship’s activities (about two-thirds of the total employment in the private sector) and create about 85 per cent of new jobs. However, recently SMEs have been under severe stress; besides, most of them are “turning digital” – the process entails several problems to be resolved.

01.04.2020

Economic recovery will depend on how many businesses and jobs are preserved - Dombrovskis

After the Covid-19 pandemic, economic recovery in Europe and Latvia will depend on how many businesses and jobs are preserved during the crisis, the European Commission's Vice President Valdis Dombrovskis said in an interview with LETA.

01.04.2020

Lithuania's c.bank proposes fund to support big companies, ensure settlements

– The central Bank of Lithuania has suggested establishing a special fund to provide swift temporary financial assistance to big and socially important companies facing difficulties due to the coronavirus crisis and failing to receive bank loans, informed LETA/BNS.

31.03.2020

Estonian central bank recommends focusing on immediate mitigation of crisis impact

Bank of Estonia governor Madis Muller, who on Tuesday attended a sitting of the finance committee of the Riigikogu, said that it is currently important to focus on supporting the economy with steps that will directly support people and businesses in coping with the coronavirus crisis.

31.03.2020

Electricity prices at Nord Pool power exchange drop to record-low level - Public Utilities Commission

Electricity prices at the Nord Pool power exchange dropped to a record-low EUR 24.02 per megawatt-hour (MWh) in March, the Public Utilities Commission's representative Baiba Jakobsone told LETA.

27.03.2020

Latvia: Contributions to private pension funds grow 11.3% y-o-y in 2019

A total of EUR 85.68 mln were paid into Latvia's private pension funds in 2019, which is a 11.3% increase against 2018, according to the data of the Financial and Capital Market Commission writes LETA.

27.03.2020

Covid-19 Latvia: 15 companies so far have announced collective redundancies

Due to the Covid-19 pandemic, 14 companies in Latvia have announced collective redundancies, which will result in about 3,000 employees being laid off, said State Employment Agency (NVA) director Evita Simsone in an interview with commercial TV3 on Friday, referred LETA.

26.03.2020

Bank of Latvia expects Latvia's GDP to drop 6.5% this year

The Bank of Latvia expects Latvia's gross domestic product to drop 6.5% this year, while average annual inflation is estimated at 0.5%, the central bank told LETA.

23.03.2020

Two thirds of Lithuanians say govt is properly responding to coronavirus crisis – survey

Two thirds of Lithuanian residents believe government institutions are properly responding to the coronavirus situation, a survey commissioned by LETA/BNS has shown.

20.03.2020

Cultural and creative sector: exploring financial support

Cultural and creative sector, including SMEs, remains poorly exploited and at risk, European Commission acknowledges. Great and important cultural sector’s potentials in all EU states require some support: hence, modern European guarantee’s program is aimed at providing support. The Baltic cultural sphere shall be more active in acquiring these funds.

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]

Search site