Latvia
Capital: Riga; GDP growth (annual %) 2016: 2.0%;
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Latvia PPI Rises At Faster Rate In July
Latvia's producer prices increased for the sixth straight month in July, and at a faster pace than in the previous five months, figures from the Central Statistical Bureau showed Monday.
Industrial producer prices climbed 3.6 % year-on-year in July, faster than the 3.1 % rise in June.
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Higher earning Why a university degree is worth more in some countries than others
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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Latvia Current Account Turns To Surplus In December
Latvia's current account balance turned to a surplus in December from a deficit in the previous year, figures from the Latvian Central Bank showed Friday.
The current account balance showed a surplus of EUR 27.08 million in December against a deficit of EUR 88.37 million a year before.
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- Key Facts
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Full name: Republic of Latvia
Population: 2.2 million (UN, 2011)
Area: 64,589 sq km (24,938 sq miles)
Major languages: Latvian, Russian
Major religion: Christianity
Life expectancy: 69 years (men), 79 years (women) (UN)
Monetary unit: 1 lats = 100 santims
Main exports: Timber and wood products, fish and fish products
GNI per capita: US $12,350 (World Bank, 2011)
Internet domain: .lv
International dialling code: + 371
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Climate change laws around the world
2017/05/14There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.
The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
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Brexit negotiations should treat energy as ‘special case’
2017/05/14There are strong practical reasons why the UK and EU should treat energy as a appropriate case during Brexit negotiations, argues a new statement.
The statement, jointly authored by Chatham Home, the University of Exeter and the UK Energy Research Centre (UKERC), says finding common ground on energy during the Brexit negotiations would benefit both the UK and remaining EU27, while compromise may be relatively easier to achieve than for other areas.
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Outlook for 2013-17
2013/10/29The country (Latvia) is situated in Eastern Europe, bordering the Baltic Sea, between Estonia and Lithuania. It has borders with Belarus for 141km, Estonia for 339km, Lithuania for 453km and Russia for 217km.
Land in Latvia is low plain. The climate is maritime; wet, moderate winters. (official) 58.2%, Russian 37.5%, Lithuanian and other 4.3%OVERVIEW
The government is a three-party centre-right coalition without a formal majority, led by the prime minister, Valdis Dombrovskis. Real GDP grew by 5.6% in 2012. We forecast that increase will slow to 3.9% in 2013, owing largely to an unfavourable external environment. Annual average inflation fell to 2.3% in 2012, and we expect it to drop further, to 0.7%, in 2013. The authorities are likely to succeed in keeping the lat within its narrow band against the euro. Latvia will join the single currency in January 2014.
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Leons Platacis, Board Chairman at the clinic Premium Medical,
2013/01/09It’s high time to admit that the free of charge medicine that is so much advertised in Latvia has not actually been on the agenda for at least the past 20 years. There is an urgent need for fiercer competition among providers of state-paid medical services. Thus, medical establishments will care more for quality and patients’ satisfaction. Finally, the whole sector will then be directed towards the residents of Latvia, Leons Platacis, Board Chairman at the clinic Premium Medical, said in an interview.
- Latvia News
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- ECONOMY: Latvia PPI Rises At Faster Rate In July
- EDUCATION: Higher earning Why a university degree is worth more in some countries than others
- BUSINESS / TRADE: Latvia Current Account Turns To Surplus In December
- ECONOMY: Europe in 2016: Terror fears, migration, politics. But economy may turn a corner
- ECONOMY: Global growth will be disappointing in 2016: IMF's Lagarde
- ECONOMY: Russian Crisis Hits Latvia
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