The Latvian economy grew a seasonally adjusted 0.3% y/y in the third quarter, a second reading from the Central Statistical Bureau (CSB) showed on November 30.
Lithuanian GDP grew an unadjusted 1.7% y/y in the third quarter of 2016, according to a second estimate released by Statistics Lithuania on November 30.
Spending in areas with longer term payoffs are particularly crucial in CEE, where innovation and productivity are low.
Centre Party able to capitalise on coalition deadlock after it refreshes its leadership.
The performance of Central European and Baltic countries to stem corruption in the political system continues to be middling to poor, Transparency International’s (TI) Global Corruption Barometer suggested on November 16.
President Dalia Grybauskaite officially asked the Peasant and Green Party to form a new Lithuanian government on November 15.
bne’s Despair Index values are contained in most developed countries of the world and many of the former Eastern Bloc countries have scores on a par with their Western peers. But the share of poverty remains too high in many countries.
Estonian GDP expanded 1.1% on the year in the third quarter, adding 0.3pp to the tempo seen in April-June, Statistics Estonia announced in a flash estimate on November 11.
The conservative Peasants and Green Union, surprise winner of the Lithuanian election in October, agreed on a coalition with the Social Democrat Party, the outgoing coalition leader.
The Baltic states presented a calm front in reaction to the shock victory of Donald Trump in the US presidential election.
The vote opens the way for the Centre Party, which represents Estonia’s large Russian minority, to take over after more than a decade of Reform Party rule.
The Lithuanian consumer price index (CPI) grew 0.9% y/y in October, accelerating slightly over the previous month, data released by Statistics Lithuania on November 9 showed.
Unpredictability is never an asset in foreign or defence policy, so the election of the mercurial Donald Trump to the US presidency is already causing conniptions in European capitals, especially those of Central Europe.
Five of the six parties in the Estonian parliament handed Prime Minister Taavi Roivas an ultimatum on November 8, calling on him to step down or be humiliated in a no-confidence vote the following day.
Stores in Hungary, Poland and Romania to shut as UK-based retailer reports fall in profits.
Turkey is at the bottom of the World Justice Project Rule of Law Index 2016 but only just above Russia, Kyrgyzstan and Ukraine.
Estonia's three-party rainbow coalition found itself on the verge of collapse late on November 7. The sudden breakdown appears to offer the ethnic Russian Centre Party a route into power.
With tighter regulatory rules looming, life is not going to get any easier for the region’s banks.
There might be a way for British entrepreneurs and digital companies to dodge Brexit if they take up e-residency in Estonia, even if they physically remain in the UK and never visit the Baltic country.
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