International Internet Magazine. Baltic States news & analytics
Friday, 01.11.2024, 01:12
Latvia's economic figures for this year will be better than previously projected
18.12.2020Latvia's economic performance this year will be better than previously forecast, according to a monitoring report by the Fiscal Discipline Council (FDP), cites LETA.
Keyword tags: Analytics, Economics, GDP, Latvia
Eesti Pank forecasts that the economy will probably recover to its pre-crisis level in the second half of next year
16.12.2020The latest economic forecast from Eesti Pank expects the Estonian economy to recover from the crisis in 2021 and to return to where it was before the crisis in the second half of next year.
In 2019, an increase in GDP was recorded in all Lithuanian counties
15.12.2020In 2019, against 2018, an increase in gross domestic product (GDP) in Lithuania was recorded in all counties. The fastest GDP growth was observed in Vilnius (9.2%) and Marijampolė (8.7%) counties.
Lietuvos bankas cuts 2021 GDP growth forecast to 1.9% for 2020
15.12.2020The Lithuanian central bank (Lietuvos bankas) forecasts that the country's economy will recover by 1.9% this year from a projected contraction of 2% this year, informs LETA/BNS.
Latvijas Banka has revised its GDP and inflation forecasts for Latvia
14.12.2020The Bank of Latvia has cut Latvia's gross domestic product (GDP) forecast for next year to 2.8% in contrast to the previous forecast of 5.1%.
Balance of payments under the sign of COVID-19
In the third quarter of 2020, the balance of payments developments were driven by the economic recovery which was facilitated by the easing of the mobility restrictions, introduced to contain the outbreak, and improved economic sentiment among consumers and businesses.
Lithuanian parliament approves government program
The Lithuanian parliament approved on Friday the program of the new center-right government of Prime Minister Ingrida Simonyte, informs LETA/BNS.