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Category: Business

BNN ANALYSES | Where groceries are cheaper – in Lithuania or Latvia? Even border dwellers cannot agree

07.09.202307.09.2023 Ogres

Linas Jegelevičius Unlike many Westerners, and even when stacked up against Latvians and Estonians, the average Lithuanian household spends more on food, Picodi,…

Over 11 000 job vacancies registered in Estonia in the second quarter

05.09.202305.09.2023 Ogres

According to Statistics Estonia, in the second quarter of 2023, there were 11 079 job vacancies in the enterprises, institutions and organisations of…

Economists confident growth of actual wages has begun in Latvia

01.09.2023 Ogres

Data from the Central Statistical Bureau of Latvia (CSP) shows: after five quarters of lasting decline actual wages – ones influenced by inflation,…

Latvian dairy sector in panic; some companies consider closing down entirely

30.08.2023 Ogres

Dairy farms in Latvia are forced to sell property and cut down nearby trees to free up territory, feed their livestock and avoid…

Lower inflation does not promote consumption, says Citadele Bank economist

30.08.202330.08.2023 Ogres

Inflation in Latvia went down rapidly in recent months. Since June it has been significantly below 10%. However, this has yet to bring…

SEB Bank once again predicts decline of Estonia’s economy – by 1.8% this year

30.08.202330.08.2023 Ogres

Estonian public media ERR reports that SEB Bank’s latest outlook states that the country’s economy is expected to experience a decline for a…

Energy expert warns: power network should be disconnected from Russia, but prices will go up

29.08.2023 Ogres

The decision by Baltic States to de-synchronise from Russian-controlled “BRELL” group is a very correct step, but to little attention is provided to…

LTV: Latvian export to Russia remains stable despite sanctions

28.08.2023 Ogres

Despite sanctions and other business risks associated with Russia, exports of Latvian goods to this country remains stable. In the first half of…

Week in Lithuania: teacher trade union announces it will stage a warning strike, President reflects on Prigozhin’s demise

26.08.2023 Ogres

Last week, Lithuania rolled out new €41 million military aid package to Ukraine; President paid visit to Kyiv Army, border guards start joint…

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