The Baltics Today

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In September, construction input prices increased by 1.9% in Lithuania y-o-y

Statistics Lithuania informs that construction input prices in September 2014, against August, decreased by 0.2%. The change was mainly influenced by a 1.1% decrease in wages and salaries which was determined by lower lump sums, bonuses and premiums. Over the year (September 2014, against Septemb...

Latvia’s GDP grew by 0.4% in Q3

In the 3rd quarter of 2014 compared with the 2nd quarter of 2014 Gross Domestic Product (GDP) value (seasonally adjusted data) increased by 0.4%, but compared with the 3rd quarter of 2013 it has risen by 2.2%, according to flash estimate* of the Central Statistical Bureau (CSB).

In September, retail trade turnover in Latvia decreased by 0.3%

Data of Central Statistical Bureau show that, compared to August, the total turnover of retail trade enterprises in Latvia in September 2014 dropped by 0.3%, according to seasonally adjusted data at constant prices.

Teterevs and ABLV to sponsor the construction of Museum of Contemporary Art in Riga

Today, Latvian Minister of Culture Dace Melbarde and the council members of the long-discussed Museum of Contemporary Art in Riga – Inara Tetereva, Boriss Teterevs, Ernests Bernis and Olegs Fils, signed an agreement of construction for the complex, be located in an uptown area between Hanza, Pulk...

Latvian parliament passes Development Finance Institution Law

Saeima decided in the final reading today to pass the Development Finance Institution Law that was proposed by the Finance Ministry, informs LETA.

Latvian Saeima rejects proposal to increase salaries for ministers

Saeima of Latvia decided today to reject the motion to increase monthly salaries for Cabinet ministers, informs LETA.