• November 12, 2025
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EconomicGrowth

Baltic finance ministers will meet in Riga at the Baltic Capital Markets Conference 2025 to discuss the role of capital markets in economic growth

On November 27, at the ATTA Centre in Riga, the Baltic Capital Markets Conference 2025 – the largest capital markets event in the Baltics – will take place for the [..]

The development of the Baltic capital market as a driving force of economic growth – Baltic Capital Markets Conference 2025 to take place in Riga

On November 27, at ATTA Centre in Riga, the largest capital market event in the Baltics – Baltic Capital Markets Conference 2025 – will take place for the fourth year [..]

Economist discusses ways of boosting Latvia’s economic growth

During the past decade, investments in Latvia have amounted to 22.6% of gross domestic product, but increasing the volume and reducing the price could boost Latvia’s economic growth by at [..]

Thousands demonstrate for more investment in German industry

Thousands of industrial workers demonstrated in several German cities on Saturday, during a nationwide day of action organized by the union IG Metall. They were calling for measures to strengthen [..]

Estonia’s average old-age pension rises to €817 per month

The average old-age pension will rise to €817 per month starting April 1, and the national pension will increase to €393 per month. As a result of pension indexation, the [..]

Net wage in Lithuania up by 9%

The average net monthly salary in Lithuania rose by EUR 116 (9.3%) to EUR 1,365 last year, the State Data Agency reported on Thursday. The average gross salary grew by [..]

Commerce agency: Latvia’s business environment failed to achieve much growth last year

Latvia’s business environment in 2024 was much like its GDP dynamic – there were changes, but no significant growth. This was reported to LETA by Janis Lielpeteris, a board member [..]

The labour market improved a little

Orsolya Soosaar, Economist at Eesti Pank. Wage growth accelerated to 8.1% in the third quarter and the purchasing power of the average wage increased further. Sectors where wages rose at [..]

To stimulate economic activity, people must be brought back to Riga center – mayor

To stimulate economic activity in Riga and reduce the number of empty shop windows in the city center, it is necessary to bring back people to the city center, Riga [..]

Swedbank: Estonian residents’ desire to work at record high

The desire of residents of Estonia to be in employment is greater than ever since the country restored its independence, Liis Elmik, senior economist at Swedbank Estonia, said in a [..]

Tax reform will respond to economic development challenges – Silina

The tax reform proposed by the government will most likely respond to the challenges of the economic development, Prime Minister Evika Silina (New Unity) said in an interview with the [..]

Affordable High-Speed Internet is Spurring Economic Growth and Boosting Small Businesses

Heather Boushey, Chief Economist, Investing in America Cabinet Access to affordable, reliable, high-speed internet is a cornerstone of the American economy and essential for economic growth. This is also a [..]

Estonian cbank predicts economy to turn to growth in 2nd half of 2024

According to the latest economic forecast of the Bank of Estonia, a revival of the economy can be seen in the second half of this year. The return to economic [..]

The State Must Continue Creating Conditions to Support Science-Intensive Companies

Egita Aizsilniece-Ibema, Head of the Latvian Innovation and Technology Representation in Brussels Latvia can be proud of its talented and intelligent individuals, both in science and business. The most courageous [..]

Modern industrial incubator to be established in Narva

The state will direct almost 8.5 million euros from the European Union’s Just Transition Fund (JTF) to the construction of an industrial incubator of nearly 7,000 square meters in the [..]

From economic point of view, Latvia has taken advantage of EU opportunities – Dombrovskis

From the economic point of view, Latvia has benefited from the opportunities offered by the European Union (EU) over the years, and despite the crises, we have come much closer [..]

Lithuania mulls easing construction rules in preparation for Rheinmetall project

The Economy and Innovation Ministry proposes to amend several laws to enable major Western arms and ammunition producers, including Germany’s defense industry giant Rheinmetall, to swiftly relocate production to Lithuania. [..]

Eesti Gaas: Estonia’s gas consumption increased 40 pct on year

The consumption of natural gas in Estonia during the outgoing heating season increased by almost 40 percent compared to the previous season, and by as much as half in the [..]

Estonian company Fibenol investing €700 million in biorefinery in Latvia

Estonian company Fibenol is investing €700 million in a biorefinery in Latvia. As recently as 2022, the company’s main shareholder Raul Kirjanen, had not ruled out the possibility of building [..]

Amount of raw milk supplied by Latvian dairy farmers up 4.9% in February

The amount of raw milk supplied by Latvian dairy farmers in February 2024 rose 4.9 percent against the same period a year ago to 63,824 tons, according to the information [..]

Tallinna Sadam looking for partners to develop vacant areas at Muuga

Listed Estonian port company Tallinna Sadam has launched a search for cooperation partners for the development of vacant areas located in the eastern part of Muuga Harbor, the large freight [..]

Cbank: Estonian household deposits grow for 5th consecutive month

The deposits of households in Estonia grew for the fifth consecutive month, according to the latest overview by the Bank of Estonia. The balance sheets of the banks stood at [..]

Alar Karis: Being able to find optimism top issue for Estonia’s economy today

President Alar Karis said in his Independence Day speech on Saturday that lately, negative news about Estonia’s economy stands out the most, yet he is convinced that finding necessary optimism [..]

Taltech, NPM Narva magnet plant eyeing industrial incubator in NE Estonia

On Feb. 16, a meeting of executives and academics of Tallinn University of Technology (TalTech) with managers of NPM took place at TalTech’s Virumaa College to discuss possibilities for cooperation [..]

Latvian household income rose by 9.1% in 2022 – reached EUR 740 per household member monthly

In 2022, compared to 2021, household disposable income increased by EUR 62 or 9.1 percent and reached EUR 740 per household member monthly, according to results from a survey conducted [..]

People’s income growth outpaces inflation in Lithuania in Q3 – Sodra

People’s income continued to rise in Lithuania the third quarter of this year, with the growth outpacing inflation, the latest figures from the social insurance fund Sodra showed on Tuesday. [..]

Finance minister feels foreign banks’ interest in Lithuania

Lithuanian Finance Minister Gintare Skaiste says she feels the interest of foreign banks in the Lithuanian market, adding, however, the emergence of a new bank in the country may take [..]

1 billion for the Lithuanian economy. Ministry of the Economy and Innovation invites to implement digital solutions in the public sector

The Ministry of the Economy and Innovation announces a second call for the digitalisation of public sector services, worth around €19 million. The first call already selected 55 projects from [..]

USA economist: The Economics of Public Investment Crowding in Private Investment

Heather Boushey, Chief Economist, Investing in America Cabinet Introduction President Biden’s economic vision—Bidenomics—is centered around making smart public investments, empowering and educating workers, and promoting fair competition to lower costs [..]

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German Chancellor Friedrich Merz takes part in the press conference after the "Steel Summit" at the German Chancellery in Berlin. Photo: Michael Kappeler/dpa

German steel sector in ‘existential crisis,’ Merz warns after summit

Tarmo Sild, CEO of Iute Group.

Iute delivers strong 9-month results with rising revenue and profit

Source: bolt.eu (illustrative picture)

Transport-sharing providers to be required to ensure a reaction test before vehicle use

Publicity picture.

AI in mobility and connected transport: hype, reality, and business value

Photo: facebook.com (illustrative picture)

Competition Council fines Maxima Latvija EUR 1.873 million and imposes legal obligations

Source: Refugee Council of Lithuania Facebook page (illustrative picture)

Migrants in Lithuania face discrimination, language barriers as state support stays short

Source: wikipedia.org

Airline Norwegian not planning to expand its base at Riga Airport at the moment

Oleg Khusaenov (CEO & Founder of Zubr Capital). Publicity picture

October in European tech venture: scaling trends, emerging patterns

Publicity picture.

The development of the Baltic capital market as a driving force of economic growth – Baltic Capital Markets Conference 2025 to take place in Riga

Source: Pexels.com (illustrative picture)

Over 600 criminal cases active in Latvia for violations of sanctions against Russia

Tallinn

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Riga

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Vilnius

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