International Internet Magazine. Baltic States news & analytics
Wednesday, 22.09.2021, 03:12
Data of the survey conducted by the Central Statistical Bureau (CSB) in 2019 show that 434 thousand persons or 22.9% of the population of Latvia were at risk of poverty1 in 2018 – 0.4 percentage points less than in 2017. Disposable income2 of this share of population was below the at-risk-of-poverty threshold.
Keyword tags: Analytics, Latvia, Quality of life, Statistics
It is important to Latvia that Belarus is an independent, economically strong and stable country, Latvian Prime Minister Krisjanis Karins (New Unity) said during a meeting with Belarusian President Alexander Lukashenko and Prime Minister Syarhey Rumas.
Corporate debt grew faster last year, at a rate that reached around 6% at the end of the third quarter. Estonian companies again borrowed mostly from banks operating in Estonia, but they also used other sources of loans more than they did last year. Household debt grew fast because the labour market remained favourable and supported strong demand for loans.
Lithuania's first technology-neutral green energy promotion auction has been won by Windfarm Akmene One, a foreign-owned company that plans to build an 18-turbine wind farm with a total capacity of 90-101 megawatts (MW) in the northern district of Akmene, writes LETA/BNS.
Last year the birthrate in Latvia continued to decline, dropping to the lowest level in decades, demographer Ilmars Mezs told LETA.
One of the key objectives of the European Commission's European Green Deal is to shift 75% of freight traffic from road to rail and sea, which means that Estonia will need to continue its efforts in rail development, informed LETA/BNS.
Latvijas Dzezlcels state-owned railway company plans to fire about 1,500 employees by the end of this year, LETA learned from the company' spokeswoman Ella Petermane.