The Baltics Today

Posts under ‘The Baltics’

In April, level of producer prices in Latvian industry decreased by 0.1%

According to the data of the Central Statistical Bureau of Latvia (CSB) compared to March level of producer prices in the Latvian industry in April 2015 dropped by 0.1%. Level of prices of products sold on the domestic market did not change.

Number of visitors in Latvian hotels increased by 3.4% in Q1

According to the data of the Central Statistical Bureau (CSB), in the 1st quarter of 2015 there were 360.5 thsd visitors in hotels and other accommodation establishments, which is 3.4% more than in the 1st quarter of 2014.

In Q1, the growth of the average monthly gross wages in Estonia slowed down to 1,010 euros

According to Statistics Estonia, in the 1st quarter of 2015, the average monthly gross wages and salaries were 1,010 euros. Compared to the 1st quarter of 2014, the average monthly gross wages and salaries increased by 4.5%.

Latvian Economy Ministry squandered EUR 1.3 mln on “World Expo” non-show

As of December 31, 2014, the Economy Ministry in Latvia squandered EUR 1,316,647 for Latvia's planned participation in the international fair trade "Expo Milano 2015", reports LETA, according to the State Audit Office's findings.

Special fund to be created to attract airlines to Lithuanian capital

According to Vilnius Mayor Remigijus Simasius, Lithuania's capital in essence remains without roundtrip flights after airline Air Lituanica terminated its activities. A special flight promotion fund should be created in order to attract new air carriers to Vilnius, reports LETA/ELTA.

Latvian ministries continue to use EU presidency’s funds for other purposes

After reviewing the EU Latvian Presidency's budget expenditures, the State Audit Office concluded that ministries keep using these funds for other purposes, according to Auditor General Elita Krumina, cites LETA.