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  • Latvian exporters must look for new niches for their products
    CSB the external trade turnover of Latvian goods in February dropped by 0 3 month on month Within a month the export value of goods diminished by 2 0 and their import value increased by 1 2 In these circumstances the success of Latvian exporters in their search of new markets will be of an increasing significance In the first two months of the year exports maintained an increase of 0 7 year on year posting rises in the exports of mechanisms and power equipment mineral products chemical industry The article you requested can be accessed only by subscribing to the online version of The Baltic Times If you are already subscribed to The Baltic Times please authorize yourself Log In In case you don t have a subscription yet please visit our SUBSCRIPTION section Comments Related Articles Households purchasing power growing rapidly in Estonia Chief economist on Euro arrival and Rouble spiral Europe s Shadow Budget Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Small science delivers big results Sluggish times for Estonia s exports Kazakhstan following Russia s lead bans Baltic fish Estonia s anti money laundering laws clamp down on Bitcoin traders Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an interest in this rapidly developing area of

    Original URL path: http://www.baltictimes.com/latvian_exporters_must_look_for_new_niches_for_their_products/ (2016-02-13)
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  • Lithuania prepares first ever stability programme
    ever stability programme an accountability document of the Euro Area countries on implemented and planned budget policies Based on the 2015 Stability Programme project Lithuania s GDP growth is expected to rise consistently GDP is projected to grow by 2 5 percent in 2015 by 3 2 percent in 2016 3 5 percent in 2017 and 3 9 percent in 2018 Structural government deficit excluding one off and other temporary measures which based on preliminary data stood at 1 1 percent in 2014 should remain The article you requested can be accessed only by subscribing to the online version of The Baltic Times If you are already subscribed to The Baltic Times please authorize yourself Log In In case you don t have a subscription yet please visit our SUBSCRIPTION section Comments Related Articles Households purchasing power growing rapidly in Estonia Chief economist on Euro arrival and Rouble spiral Europe s Shadow Budget Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Small science delivers big results Sluggish times for Estonia s exports Kazakhstan following Russia s lead bans Baltic fish Estonia s anti money laundering laws clamp down on Bitcoin traders Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an interest in this rapidly developing area of the Baltic Sea region

    Original URL path: http://www.baltictimes.com/lithuania_prepares_first_ever_stability_programme/ (2016-02-13)
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  • Effects of the geopolitical crisis on the Latvian economy are limited
    and signal a month on month increase in the output of dairy products as well as in overall food manufacturing The Russian economy has been weak since the beginning of last year and this weakness has been felt by Latvian enterprises beyond those linked to the food industry The fall of the ruble and the drop in the purchasing power of consumers in Russia have had an significant impact on the performance of certain companies Sub branches of manufacturing such as textiles and apparel and a number of enterprises in the machinery and equipment other transport equipment and electrical equipment sub branches are closely linked to the Russian market and these saw negative developments last year Since the food products under embargo were mostly transported by road businesses in this sector have also suffered due to a lost market fiercer competition and decreased road freight rates At the same time a relatively small proportion of the total number of trucks approximately 10 were used in the export of perishable food products to Russia and many of them have reportedly been able to find alternative markets Data suggests that overall last year was a good one for the sector road freight turnover increased by 6 7 The transport sector is of great importance to the Latvian economy 11 of GDP Except from freight transported by road it is highly dependent on Russia in 2013 77 of import and transit cargoes by rail came from Russia Despite several warnings from Russia about it potentially leaving the Latvian transport corridor and switching to their own Baltic Sea ports the transport sector performed well in 2014 its value added increased by 3 2 Latvian ports especially the port of Riga have been successful in attracting new business but it would be impossible to fully replace the Russian market Latvia s dependence on Russian gas is an important risk potential disruptions of gas deliveries from Russia would have a very significant negative impact on the economic activity in Latvia A positive development in this area is the recent completion of the liquefied natural gas terminal in Lithuania which is a major step towards ensuring energy security for the Baltic States Finally investment has suffered due to the geopolitical uncertainty Last year gross fixed capital formation increased by 1 6 but the growth mostly resulted from a better first half of the year investment declined in the third and stayed unchanged in the final quarter of 2014 Despite the feeble investor confidence the inflow of FDI continued albeit at a weaker pace than in the previous years 1 5 of GDP in 2014 Furthermore the ongoing Russia Ukraine crisis notwithstanding several rating agencies upgraded Latvia s credit rating which is a positive sign for future investment prospects Despite the weakness in foreign demand Latvian real exports increased by 1 9 in 2014 Latvian entrepreneurs have achieved the rise in their export market shares by diversifying markets as well as creating new products Numerous initiatives both at

    Original URL path: http://www.baltictimes.com/effects_of_the_geopolitical_crisis_on_the_latvian_economy_are_limited/ (2016-02-13)
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  • Europe’s Currency Manipulation
    which the European Union and the United States currently are negotiating would studies say boost welfare and reduce unemployment in both economies as well as in other countries At the same time the TTIP could help to restore confidence in Europe and the transatlantic community But there is one major barrier to realizing these benefits the euro The problem stems from currency manipulation Over the past three decades the US has de facto tolerated currency manipulation by its major Asian tra The article you requested can be accessed only by subscribing to the online version of The Baltic Times If you are already subscribed to The Baltic Times please authorize yourself Log In In case you don t have a subscription yet please visit our SUBSCRIPTION section Comments Related Articles Households purchasing power growing rapidly in Estonia Chief economist on Euro arrival and Rouble spiral Europe s Shadow Budget Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Small science delivers big results Sluggish times for Estonia s exports Kazakhstan following Russia s lead bans Baltic fish Estonia s anti money laundering laws clamp down on Bitcoin traders Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an interest in this rapidly developing area of the Baltic Sea region Read more Our news

    Original URL path: http://www.baltictimes.com/europe___s_currency_manipulation/ (2016-02-13)
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  • Lithuania’s Co-operation with China gathers momentum
    in the Republic of Lithuania Wei Ruixing The meeting focused on bilateral relations future opportunities for development of trade in agricultural sector cooperation in China 16 format and future prospects the Government s press service said Next year will see the 25th anniversary of our diplomatic relations our cooperation grows not only in education and transport but in other fields as well officials responsible for cultu The article you requested can be accessed only by subscribing to the online version of The Baltic Times If you are already subscribed to The Baltic Times please authorize yourself Log In In case you don t have a subscription yet please visit our SUBSCRIPTION section Comments Related Articles Kaunas municipality begins refurbishment work on Jewish cemetary Lithuania supports Georgia s NATO aspirations NATO to halve Baltic air policing mission four jets to remain in Siaulai Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Mixed hopes in Vilnius for Belarus reset Lithuanian MEP migrant crisis will be a lingering issue Refugees to be questioned on religion and previous military activities by Lithuanian authorities Former KGB spy given Lithuanian residence permit Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an interest in this rapidly developing area of the Baltic Sea region Read more Our news analysis

    Original URL path: http://www.baltictimes.com/lithuania___s_co-operation_with_china_gathers_momentum/ (2016-02-13)
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  • Lithuania continues to refuse acknowledgment of Crimean Annexation
    of an estimate 2 4 million Murmokaite stressed the need for the international community to maintain its attention on human rights particularly the situation of the Tatars On the day of the Crimean annexation the pro Russian government announced that Crimean Tatars would be required to relinquish coastal lands on which they resided since the early 1990s when they returned to the area in the aftermath of the Soviet collapse The government described they would need the land for social purposes since the Crimean Tatars did not hold the appropriate legal documents In the immediate aftermath of the Crimean annexation a meeting of the Crimean Tatars representative body the Kurtulai held a meeting and voted in favour of ethnic and territorial autonomy using political and legal means The decision as to whether they will accept Russian passports or will gain autonomy within Russia or Ukraine has been deferred to date Like Lithuania its Baltic neighbours Latvia and Estonia also refuse to acknowledge Crimea as part of Russia Of the 28 European Union s member states only Greece Italy the Netherlands and the Czech Republic resisted the European Commission s decision to deny Schengen visas to Crimean residents who have Russian passports Comments Related Articles Kaunas municipality begins refurbishment work on Jewish cemetary Lithuania supports Georgia s NATO aspirations NATO to halve Baltic air policing mission four jets to remain in Siaulai Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Mixed hopes in Vilnius for Belarus reset Lithuanian MEP migrant crisis will be a lingering issue Refugees to be questioned on religion and previous military activities by Lithuanian authorities Former KGB spy given Lithuanian residence permit Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with

    Original URL path: http://www.baltictimes.com/lithuania_continues_to_refuse_acknowledgment_of_crimean_annexation/ (2016-02-13)
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  • News search
    to the next It is hard not to be painfully aware of the immense extent of emigration from Lithuania The topic has however been a breadwinner for Dona Read More Black outs shine spotlight on energy consumption RIGA Residents across the globe may have noticed partial black outs last Saturday evening This was no power glitch though People in 160 cou Read More Valmiera Glass smashes sales records VALMIERA Valmiera Glass Group posted EUR 108 44 million in audited consolidated turnover in 2014 its highest annual sales figures since the Read More Estonian Air accuses airBaltic of unfair competition Estonian Air has accused the Latvian national airline airBaltic of unfair competition according to the Estonian daily newspaper Postimees Read More Estonia s industrial production increased in February It appears industrial production in Estonia is gradually on the rise According to Statistics Estonia in February 2015 the production of indus Read More Latvia registers fourth lowest hourly labour costs in EU Eurostat RIGA In 2014 average hourly labour costs in Latvia were estimated to be 6 6 euros which is the fourth lowest indicator in the European Union Read More Citadele Treasurer ECB s QE will have limited positive impact on Baltic economies The European Central Bank s latest round of Quantitative Easing QE began this March with the Bank of Latvia assigned to buy 184 Read More Previous 112 113 114 115 116 117 118 119 120 121 Next Subscribe Advertise Log In Please enter your username and password Forgot your password Login Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper

    Original URL path: http://www.baltictimes.com/search/jcms/start/1110/ (2016-02-13)
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  • Lithuania’s decision to boycott Russian Victory Day parade “in line with foreign policy”
    День Победы military parade on May 9 is in line with Lithuania s declared foreign policy attitudes towards the Vladimir Putin led Russian government The Victory Day parade is the Russian Federation s equivalent of V E day and takes place on Moscow s Red Square The 2015 edition will mark the 70th anniversary of the end of the Soviet Union s war with Nazi Germany As a result o The article you requested can be accessed only by subscribing to the online version of The Baltic Times If you are already subscribed to The Baltic Times please authorize yourself Log In In case you don t have a subscription yet please visit our SUBSCRIPTION section Comments Related Articles Kaunas municipality begins refurbishment work on Jewish cemetary Lithuania supports Georgia s NATO aspirations NATO to halve Baltic air policing mission four jets to remain in Siaulai Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Mixed hopes in Vilnius for Belarus reset Lithuanian MEP migrant crisis will be a lingering issue Refugees to be questioned on religion and previous military activities by Lithuanian authorities Former KGB spy given Lithuanian residence permit Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an interest in this rapidly developing area of the Baltic Sea region Read

    Original URL path: http://www.baltictimes.com/lithuania___s_decision_to_boycott_russian_victory_day_parade____in_line_with_foreign_policy____980150438554bab08086a5/ (2016-02-13)
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