Latvia: state debt maintenance costs to increase

Under current conditions state debt maintenance costs may increase slightly, economist of the Bank of Latvia Karlis Vilerts has said at a meeting of Saeima’s Sustainable Development Committee. Although the interest rates remain very low, the high inflation is expected to contribute to a gradual rise of interest rates and, as a result, a rise…

Estonia: industrial production up in February 2022

Total production of industrial enterprises in Estonia rose by 1.7% YoY at constant prices on year in February, state agency Statistics Estonia reported. Output increased by 4.7% in manufacturing, the sector with the largest growth, though it decreased by 11.8% in mining and by 16.6% in energy production. Helle Bunder, Statistics Estonia analyst, said: “In…