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Friday 23.08.2019 | Name days: Valgudis, Ralfs, Vitālijs

Estonia raises economic growth forecasts

Estonian Competition Authority has risen the economic growth forecasts from the current 1.1% to 2%, 69% of experts predict improvement of the situation in a year's time.

IMF: global GDP to increase by 4.8% in 2010/2011

The total gross domestic product over the period 2010/2011 will increase by 4.8%, instead of previously forecasted 4.6%, and it will mainly rise due to the activities of developing countries.

The New York Times sharply criticized for comments on Latvia

The influential US newspaper The New York Times published article on the recent elections in Latvia has received criticism of lazy journalism and primitive geopolitical comparisons.

Highest EU unemployment rate - in Latvia

Until the August 2010, Latvia had the second highest unemployment rate amongst 27 member countries of the European Union, namely, 19.5%; while Spain ranked first with 20.5%

Irish government to invest more in Allied and Anglo Irish banks

The Irish government is about to the take majority control of Allied Irish banks and divert extra cash into Anglo Irish Bank, in order to avoid the financial crisis burden.

Estonian economy - one of region's leaders

The economy of the Central and Eastern Europe stabilizes, yet there are still many risks left. Estonia is one of the region's leaders in economy stabilization indicators.

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