Estonia was ranked 32nd by the Newsweek magazine that performed the survey of living conditions in 100 countries around the world. Estonia was the top-ranked among the Baltic States (Lithuania and Latvia taking 34th and 36th place, respectively). Newsweek's analysis included evaluation of education, health care, quality of life, economic and political environment. Estonia scored high for the efficiency and overall level of education ranked 7th, with Latvia on the 25th and Lithuania on 38th place. Estonia also surpassed the Baltic neighbours in terms of healthcare quality based on World Health Organisation studies (42nd place, Latvia 52nd and Lithuania 61st). Quality of life measured by gender equality, poverty extent, wealth distribution equality, suicide rates, state of the environment and others was ranked 39th in Lithuania, 41st in Latvia and 42nd in Estonia. Estonia scored 35th on economic dynamism (Lithuania 41st and Latvia 53rd) and 37th in terms of political stability and quality of the political environment (Latvia 38th and Lithuania 26th). |
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Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more