Latvia’s economy will grow more slowly than it did in Q1. Growth will likely reach at least 4%, predicts Luminor Bank economist Peteris Strautins. SEB Bank’s macroeconomic expert Dainis Gaspuitis is more reluctant in his outlook. He expects economic growth rate to be 3.7%, considering global cycles and negative trends in certain sectors. Swebank senior…
One-fifth of Latvia’s residents believe using credit and debit cards to perform purchases helps save money. Only 10.7% are confident that using cash helps the economy, according to information from Ferratum Bank. The survey performed by the bank shows that 37% of Latvia’s residents are confident that their expenses do not change regardless of the…
According to Statistics Estonia, in March the production of industrial enterprises increased by 8% compared to March 2017. Production increased in manufacturing as well in mining and in energy. In March the total production in manufacturing was 5% higher compared to the corresponding month of 2017. In March over a half of the branches of…
The volume of public and government-guaranteed debt of Ukraine in the first quarter of 2018 increased by $1.06 billion in dollar terms, or by 1.4%, to $77.37 billion as of March 31. In hryvnia equivalent, public debt over the said period decreased by UAH 88.09 billion, or by 4.1%, to UAH 2.054 trillion, according to…
Belarus plans to refinance 75% of the external debt, Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur declared. He spoke about the latest decisions of the government. He said that 75% of the external debt would be refinanced and 25% would be repaid from the revenues the…
Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub says the central bank’s tighter monetary policy will help to curb inflation to 5% by the end of 2020. “A tighter monetary policy will help to return inflation to the target range in the second half of 2019 and reduce it to 5% at…
Ukraine in January-February saw its major export flows directed toward the European Union member states, Singapore, Belarus, Turkey, Moldova and Iraq, according to Prime Minister of Ukraine Volodymyr Groysman. “Exports grew the most to the EU, that’s by 36.2%, totaling EUR 3.3 billion. Sales of Ukrainian products to Singapore, Belarus, Turkey, Moldova and Iraq increased…