The dual-track economic picture in Eastern (including Central) Europe will persist over the next two years. Conflict-plagued Russia and Ukraine will show continued weakness. In Russia, recession will linger during 2016 too, as plunging oil prices rebound only weakly and…
A survey by SEB shows that in terms of current income levels and property prices, residents in the Baltic capitals can now become owners of bigger flats than a year ago. The SEB home purchasing power index* has improved thanks…
Economic statistics for the past week revealed that the Estonian economy grew a lot more last year than was previously thought. The growth of GDP in the second quarter can also be regarded as being good. At the same time,…
• GDP real growth 2% in the second quarter • Main contribution from private consumption, but investments decreased • Economic activities dependent on foreign demand (transportation and manufacturing) had the largest negative contribution to the GDP growth • Exports decreased…
Koostöös Läti Maateenistuse ja Leedu Registrite Keskusega on koostatud Balti riikide kinnisvaraturu inglisekeelne ülevaade: Baltic Review 2015: Real Estate Markets of Estonia, Latvia and Lithuania. Lae ülevaade siit.
In 2014, household deposits grew in all three Baltic States due to the rise in incomes, trust towards banks, and also due to the adoption of the euro in Lithuania. This year the volume of financial assets is expected to…
Rapid inflation, both before and after the economic crisis, made borrowing favourable in each of the Baltic States and reduced the point of depositing money – due to the rapid decrease in the purchasing power of money, real interest rates…
The state of the job market continues to improve, regardless of the slowing of economic growth and lower employment rate growth. Last year, the growth of average gross earnings was influenced by the increase in the minimum wage in each…
At the end of 2014, the volume of liquid assets per resident was on par with the recommended money reserve in all three Baltic States, but at the same time a significant number of the residents of Latvia and Lithuania…
According to the Baltic Retirement Readiness Index calculated based on an SEB survey, 90 percent of Estonian, Latvian and Lithuanian employed population hope to have alternatives (i.e. other sources of income) to the state pension. In reality, only a half…
According to an international survey conducted in 2013, as much as 74 per cent of Latvian families experienced some negative impact – job loss or decreased income – from the economic crisis. In Estonia, the proportion of such families was…
Mean net wages topped the pre-crisis levels in all three Baltic States. Wage statistics show a gap of almost 50 per cent between mean net wages in Estonia and the other Baltic States; in recent years, the gap has widened…
According to the SEB housing purchasing power index, in the last quarter of 2013 the accessibility of housing improved in both Vilnius and Riga but declined in Tallinn. In the last quarter of 2013, a resident of Riga on an…
In its fourth acquisition, the BPT Baltic Opportunity Fund is in the process of acquiring a retail development project in Vilnius, Lithuania, from Danish developer TK Development A/S. The project known as Domus Pro Retail Park has substantial pre-letting in…
Positive trends have been noticed in Estonian and Lithuanian industrial and warehouse markets. However, Latvia is experiencing slower growth in sector’s investment transactions. Industrial and warehouse sector has reached to slight increase phase, nevertheless, rapid increase in demand towards newly…
