Annual deflation in Lithuania in February – 0.5%
Statistics Lithuania informs that prices for consumer goods and services in February 2010, against January, dropped by 0.1%. Over a year (February 2010, against February 2009), consumer goods and services went down in price by 0.5%.Tags: Consumer Goods, Deflation, Lithuania, Statistics
Industrial production output in Latvia grew by 5.7% in January y-o-y
In January 2010 industrial production output1 (at current prices) in Latvia comprised LVL 288.9 mln, according to the data of Central Statistical Bureau. Compared to December 2009 industrial production volume in January 2009 has reduced by 1.6%, but compared to January of previous year industrial...Tags: Current, Latvia, Production Output, Production Volume, Statistical Bureau
Annual deflation in Latvia made 4.2% in February
Compared to January 2010 the average consumer price level in February 2010 remained unchanged in Latvia. Prices of goods rose by 0.1%, but of services – decreased by 0.4%. Compared to February of previous year, consumer prices have decreased by 4.2%.Tags: Consumer Price, Consumer Prices, Deflation, Latvia, Previous Year, Price Level
Passenger volumes at Airport Riga increased by 18.4% in 2 months
In the first two months of the year 2010, International Airport Riga serviced a total of 569,842 passengers, which is 18.4% more when compared to the first two months of last year, the airport informed the business information portal Nozare.lv.Tags: Airport Business, Airport Riga, Business Information Portal, Months Of The Year, Passenger Volumes
Producer prices in Latvian industry increased by 0.8% in January
Compared to December 2009, producer prices in Latvian industry in January 2010 increased by 0.8%, according to the data of Central Statistical Bureau of Latvia. Rise of overall price level was characteristic for exported products where prices increased by 2.8%, but price level of goods sold on th...Average annual inflation in Lithuania made 3.4% in January 2010
Statistics Lithuania calculates the Harmonised Index of Consumer Prices (HICP), which is methodologically harmonised with those of other EU Member States, on a monthly basis. The conformity with the price stability criterion, set in the Maastricht Treaty, is assessed taking into consideration the...Tags: Conformity, Consumer Price Index, Eu Member States, Harmonised Index Of Consumer Prices, Hicp, Index Cpi, Inflation Rate, Lithuania, Maastricht Treaty, Percentage Point, Price Stability, Stability Criterion, Statistics, Taking Into Consideration
Estonia will borrow euro notes from Finland and Germany
Should Estonia manage to join the euro zone at the beginning of 2010, the central bank will borrow the euro banknotes from Finnish and German central banks, LETA/Postimees Online reports.Tags: Central Banks, Estonia, Euro Banknotes, Euro Finland, Euro Notes, Euro Zone, German Banks, Germany
The Security Corridor of Nord Stream
It has been considered that during the World War I and II more then 80000 sea mines were laid in the Baltic Sea. According to the German data approximately 150000 explosive subjects can be found today at the sea-bed, including mines, torpedoes, depth and aviation bombs, naval and costal artillery...Tags: Aircrafts, Ammunition, Artillery Shells, Aviation, Baltic Sea, Bombs, German Data, Sea Bed, Sea Mines, Sunken Warships, Torpedoes, Transports, World War I
Dozens of Latvian municipalities did not observe austerity measures in 2009
Despite the ongoing austerity measures and related restrictions, several local governments in Latvia continued to pay bonuses and make other unjustified payments in 2009, according to the Finance Ministry's report to Prime Minister Valdis Dombrovskis (New Era).Tags: Austerity Measures, Dozens, Finance Ministry, Latvia, Local Governments, Municipalities, New Era, Prime Minister
Swedbank Market overview: February 8 – 14
Last week risk appetite somewhat recovered and equities ended the week on positive territory. The hints of a bail out of Greece by other eurozone governments and quite strong economic data from US and Japan restored some confidence, although the policy tightening in China and weaker than expected...Tags: China, Confidence, Economic Data, Economic Growth, Europe, Governments, Greece, Growth Numbers, Japan, Market Overview, Risk Appetite
