Baltic States

Lithuanian GDP growth accelerates to 4.1% in Q1

bne IntelliNews April 28, 2017

The reading marks a significant acceleration, and pushes the country's economy onto a much steeper growth trajectory than seen in recent quarters.

EU battles Russia's Nord Stream 2 slice 'n' dice

Tim Gosling in Prague April 27, 2017

Gazprom aims to further divide the EU by offering a share of the spoils to CEE countries, but Brussels is finally facing up to the challenge.

Russia, CEE hike military spending as tensions rise

Clare Nuttall in Bucharest April 25, 2017

Worsening relations between Russia and the West, plus pressure to meet Nato defence spending commitments, push up expenditure in Eastern Europe.

Lithuanian industrial production growth slows again in March

bne IntelliNews April 21, 2017

The reading is below the gain of 5.8% registered in February, as well as the 8.4% expansion from January, but still shows that growth remains solid.

Moldova prepares to recover funds from $1bn bank frauds

Carmen Simion in Bucharest April 14, 2017

Moldova's ruling coalition has been criticised for lack of progress in investigating massive frauds at three local banks.

Latvian CPI growth accelerates to 3.4% y/y in March

bne IntelliNews April 10, 2017

The reading marks the ninth successive month of positive inflation.

Estonian inflation eases to 2.8% y/y in March

bne IntelliNews April 7, 2017

As in many other economies in the region, the gain in Estonian prices around the turn of the year has been driven by the stabilisation of global oil prices and erratic food markets, making the rapid price rises unlikely to persist.

CEE/CIS TRADE FINANCE SURVEY 2017: Grappling with the “new normal” of sanctions and compliance

bne IntelliNews April 3, 2017

Banks are having to pedal twice as hard just to keep momentum, but innovative players are developing new tailored solutions and products to meet the needs of clients.

Latvia’s industrial production surges again in February

bne IntelliNews April 3, 2017

Latvia's calendar-adjusted industrial production surged 10.6% y/y in February, more than doubling its growth rate from the expansion of 4.7% the previous month, the Central Statistical Bureau (CSB) reported on April 3.

Estonian retail sales growth decelerates to 1% y/y in February

bne IntelliNews March 31, 2017

The result shows growth in the sector losing pace for a third month in a row. However, retail sales have now grown each and every month since June 2013, only occasionally falling below 5%.

Estonian industrial production surges in February

bne IntelliNews March 31, 2017

Estonian industrial production expanded 9% y/y in February, working-day adjusted data from Statistics Estonia showed on March 31.

Latvian retail sales growth slows to 1.2% y/y in February

bne IntelliNews March 30, 2017

The growth in February marked the fifteenth month in a row in which sales expanded. Expanding retail sales are seen as a positive sign for economic growth in 2017.

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