Lithuanian official unemployment rate stood at 13.1% in Q1, Statistics Lithuania announced, up by 0.1pp q/q. In Q1 there were 191,200 unemployed, up by 0.6% q/q. Male unemployment rate stood at 14.8%, up by 0.7pp y/y, while female stood at 11.4% declined by 0.5pp q/q. There were 107,600 unemployed males, and 83,700 unemployed females in Q1. Youth (15-24 years old) unemployment rate stood at 22.7% in Q1. Long-term unemployment rate stood at 5.9% in Q1, down by 0.1pp q/q. There were 1.27mn people employed in Q1, down by 0.4% q/q. In Q1/12 total unemployment stood at 14.5%, with youth unemployment at 28.2%, and long-term unemployment rate at 7.3%.
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Estonia's financial regulator will investigate Danske Bank over allegations made by the Danish and UK media that the bank’s branch in Estonia was involved in money laundering, the regulator ... more
The Latvian authorities will meet on February 26 to discuss dangers that may ensue from the failure of the country’s third-largest bank ABLV, the Baltic state’s prime minister said on February ... more