Lithuania’s wage growth has not resulted in wage levels of Latvia, Estonia, central bank says
The Bank of Lithuania has found that despite rapid wage growth in Lithuania, the overall remuneration level in the country has not reached…
Category: Business
Opinion | Ventspils residents mixed up in power struggle
Opinion of ex-deputy of Ventspils City Council Aivis Landmanis. Soon the Saeima will pass in the final reading amendments to the Law on…
Latvia to ask Europe for half a billion euros for Rail Baltica project
A funding request of EUR 494.3 million will be submitted to the Connecting Europe Facility for Rail Baltica project, as decided by Latvian…
Estonian firm Bolt valued at EUR 7.4 billion after investment round
Estonian urban transport services company Bolt has attracted 628 million euros in a funding round and is considered worth 7.4 billion euros, Estonian…
Inflation in Latvia: fresh vegetables become 18.3% more expensive in December 2021
Compared to December 2020, the average level of consumer prices increased by 7.9 % in December 2021. The greatest pressure on the average…
Registered unemployment level in Latvia reaches 6.7% at the end of 2021
The registered unemployment level in Latvia at the end of 2021 was 6.7% of the economically active population, which is 0.3 percentage points…
Riga International Airport services 2.35 million passengers in 2021
The number of passengers handled at Riga Airport exceeded 2.35 million in 2021. This means an increase of 17% when compared to 2020,…
Imports to Estonia grew by 36% year on year to November
In the context of high inflation, the Estonian economy has experienced year on year to November a considerable increase in both imports (+36%)…
Week in Lithuania: 98 migrants taken to Iraq, Curonian Lagoon pollution case goes to court
Last week, Lithuanian industrialists turned to the Organisation of Economic Cooperation and Development (OECD) over China’s actions, airlines temporarily suspended flights from Lithuania…
