Grey economy continues growing in all Baltic States
The volume of grey economy in Latvia increased 1.1% last year, reaching 26.6% of the country’s GDP, according to results of Stockholm School…
Category: Business
Estonia to make natural gas reserves equalling 20% of annual consumption
Estonia has committed to stockpiling in its strategic natural gas reserves a volume equalling 20% of the Baltic nation’s annual natural gas consumption,…
Inflation in Latvia reaches 13%
Compared to April 2021, the average level of consumer prices increased by 13.0 % in April 2022. Compared to April 2021, the average…
Estonian hotels see rise in tourist numbers in spring
In March, Estonian tourist accommodation businesses have seen an increase in the number of both internal and foreign tourists, as more than 192…
Latvia scheduled to receive new electric trains by end of 2023
The management of Pasažieru vilciens and Škoda Vagonka have signed amendments to the standing contract for the supply of electric trains, equipment and…
Week in Lithuania: Cabinet approves easier hiring of third-country nationals, Poland-Lithuania gas link inaugurated
Last week, the top news in Lithuania were decisions to facilitate employment of third-country nationals and the launch of the Poland-Lithuania gas network…
War in Ukraine and sanctions cause a drop in freight carried by aircraft in Latvia
Operational data on the Airport performance show that this April, more than 419 thousand passengers used Riga Airport; in turn, in the first…
Latvian government has no plans to increase bus ticket prices due to fuel prices
There are no plans to increase public transport ticket prices in response to increasing fuel prices, said Latvian Minister of Transport Tālis Linkaits…
BNN ANALYSES | Record-high inflation for the second consecutive month keeps Lithuanians jittery
Linas Jegelevičius for the BNN After Lithuania grabbed last month the international spotlight for being an EU member state with the highest inflation…
