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News
[10-09-2010 14:35]:  Croatia
Croatians thirsty for bottled water
Croats are drinking more bottled spring water, with consumption rising by 375.8 per cent in the last seven years. Read
[10-09-2010 14:30]:  Estonia
Estonian August unemployment rate falls to 11.1%
Estonia’s registered unemployment rate fell to 11.1 percent in August from 11.7 percent the previous month, the Labour Market Board said today. Read
[10-09-2010 14:28]:  Estonia
Exports in Estonia grew by 32% and imports by 24% in July y-o-y
According to Statistics Estonia, in July 2010, compared to July of the previous year exports of goods at current prices grew by 32% and imports by 24%. The turnover of exports of goods was bigger only in May this year. Read
[10-09-2010 12:46]:  Latvia
Foreign trade turnover in Latvia grew by 17.6% in January – July
In July 2010 the total foreign trade turnover at current prices reached 874.8 mln lats – more by 7.6% or 62.1 mln lats than a month before and more by 34.6% or 225.1 mln lats than in July 2009, according to provisional data of Central Statistical Bureau. In January – July 2010 foreign trade turnover Read
[10-09-2010 12:42]:  Lithuania
Foreign trade deficit of Lithuania increased 2.5 times in July y-o-y
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in July 2010 amounted to LTL 4.5 billion, imports – LTL 5.4 billion. Foreign trade deficit of Lithuania amounted to LTL 0.9 billion, which is 2.5 times higher than in J Read
[10-09-2010 12:41]:  Estonia
Estonia's exports up 32% a year as imports gain 24%
Exports from Estonia rose an annual 32 percent in July while imports advanced 24 percent in July 2010 at current prices, Statistics Estonia said today. July exports amounted to 10.9 billion kroons (697 million euros) and imports to Estonia totalled 11.6 billion kroons (744 million euros). Read
[10-09-2010 11:56]:  Austria
Austrian firm chiefs make European incomes top three
Austrian company bosses have been found to be among Europe’s highest earners. Read
[10-09-2010 11:48]:  India
India seeks to invest in diverse sectors of Peruvian economy
India is keen to invest in Peru's hydrocarbon, mineral, pharmaceutical and agriculture sectors through joint ventures and deepen the economic engagement with the South American country. Read
[10-09-2010 11:39]:  China
China becomes number one for Peruvian exports
China has overtaken the US as Peru's top export destination. Experts are hopeful this will boost the country's total export figures after a fall of 15% last year. Read
[10-09-2010 11:28]:  Peru
Peru, Panama get ready to launch FTA negotiations
Peru and Panama will meet in Panama city on Friday to agree on the start of Free Trade Agreement (FTA) negotiations, Ministry of Foreign Trade and Tourism (Mincetur) said Thrusday. Read
[10-09-2010 10:44]:  Bulgaria
Alexander Tsvetkov: Bulgaria will be reliable and predictable partner for Armenia
Bulgarian Minister of Transport, Information Technology and Communications Alexander Tsvetkov said that, being a part of the EU, Bulgaria will be a reliable and predictable partner for Armenia. It will contribute to development of bilateral trade and economic relations, Tsvetkov said during the Arme Read
[10-09-2010 10:40]:  Armenia
Armenia, Iran to strengthen cooperation in trade sector
On September 7, Armenian Ambassador to Iran Grigor Arakelyan met with Iranian Minister of Trade Mehdi Ghazanfari. At the meeting, the parties gave high assessment to trade and economic relations between the states, agreeing that the work of joint interparliamentary committee will promote increase in Read
[10-09-2010 10:35]:  Netherlands
Inflation drops slightly
Inflation fell slightly to 1.5% in August, the national statistics office CBS said on Thursday. The decline was due to a 3% fall in the price of clothes and a drop in the cost of petrol, the CBS said. Read
[10-09-2010 10:32]:  Latvia
PM: Latvian economy may shrink about 2% this year
Latvian PM Valdis Dombrovskis said the economy may contract about 2 percent this year, half the depth of the slump the government previously estimated. “This year’s budget was created while estimating for a recession of 4 percent, but the current estimate is that it will be about 2 percent,” he said Read
[10-09-2010 10:27]:  Belarus
Tax burden on Belarus economy Br700bn down in 2011
n 2011 the tax burden on Belarus’ economy will be reduced by Br700 billion or 0.4 percentage points, Dmitry Kiyko, Head of the Central Office for Tax Policy and Budget Revenues of the Belarusian Finance Ministry, told a press conference on 9 September. Read
[10-09-2010 10:25]:  Belarus
Orsha Linen Mill, Italy’s Marzotto Group might set up joint venture
Orsha Linen Mill is in talks with Marzotto Group from Italy to establish a joint venture, Director General of the Belarusian company Vladimir Nesterenko told a press conference on 9 September, BelTA has learnt. Read
[10-09-2010 10:20]:  Belarus
Gomselmash to present unique harvester in Moscow
Gomselmash is set to present a new, second to none in the CIS countries, grain harvester Palesse GS16 at an international agricultural exhibition, Golden Autumn-2010, in Moscow on 8-11 October, BelTA learnt from the company’s marketing center. Read
[10-09-2010 10:17]:  Belarus
Belarus’ international reserve assets down 1.5% in January-August
In January-August 2010 Belarus’ international reserve assets calculated using the IMF methods were down 1.5% to $5569.4 million. In August they increased by 4.4%, BelTA learnt from the NBRB Information Office. Read
[10-09-2010 10:07]:  Belarus
Belarus ups production quota on vodka, natural fruit, grape wine
Belarus has raised quotas on production of vodka, spirit, fruit and grape natural wines and brandy and reduced the output quota on fortified ordinary wines in 2010 by its resolution #1286 of September 6, 2010. Read
[10-09-2010 10:05]:  Belarus
Belarus’ imports of raw tobacco, tobacco, substitutes, extracts up/yr Jan-Jul
Belarus’ imports of tobacco, raw tobacco, tobacco substitutes, extracts and essences increased in January-July 2010 on the year, the National Statistics Committee told Prime-Tass. Read
[10-09-2010 10:04]:  Belarus
Belarus raises pork, swine, cattle procurement prices 10%
Belarus has raised procurement prices of pork, swine, cattle and cattle meat 10% on September 1, 2010, under resolution #1278 of the Council of Ministers dated September 1, 2010. Read
[09-09-2010 17:55]:  Belarus
Unemployment at 0.8% in Belarus
As of September 1 this year the registered unemployment in Belarus remained at the level of 0.8% of the economically active population, BelTA learnt from the Ministry of Labor and Social Security.  Read
[09-09-2010 17:51]:  Belarus
Belarus’ international reserve assets down 1.5% in January-August
In January-August 2010 Belarus’ international reserve assets calculated using the IMF methods were down 1.5% to $5569.4 million. In August they increased by 4.4%, BelTA learnt from the NBRB Information Office.  Read
[09-09-2010 17:25]:  Bulgaria
Bulgarian Finance Minister: tax hike is mandated by EC
The fiscal effect of the potential tax increases would be minimal, Finance Minister, Simeon Djankov, says. Read
[09-09-2010 17:20]:  Russian Federation
Russia to open 25 new border crossing points by 2017
At least 25 new "air border crossing points" will be created in Russia before 2017, the Federal Border Services Agency said on Wednesday. Read
[09-09-2010 16:27]:  Argentina
Argentina's industrial production expands 11.8 percent
Argentina's industrial production rose sharply on the year in July but slowed somewhat from the brisk pace posted in June, the manufacturing group UIA said . Read
[09-09-2010 16:22]:  China
China to Offer $6 bln loans to Russia for coal imports
China signed an energy cooperation agreement with Russia to offer $6 billion in loans in exchange for coal imports, reports 21th Century Business Herald, citing cctd.com.cn. Read
[09-09-2010 16:01]:  Spain
Spain slashes solar energy subsidies
As German alternative energy firms lament Berlin's decision to continue using nuclear power, Spain is planning to cut solar subsidies. Critics say Madrid is strangling investment in renewables - and the wider economy. Read
[09-09-2010 15:53]:  Belarus
Belarus, Brazil to sign double taxation agreement
Belarus plans to sign an agreement with Brazil to avoid double taxation, Alla Sundukova, Head of the Central Office for International Tax Cooperation of the Belarusian Tax Ministry, told a press conference in Minsk on 9 September.  Read
[09-09-2010 15:32]:  Estonia
Estonia 33rd, Lithuania 47th, Latvia 70th in Global Competitiveness Index
Estonia is 33rd most competitive country in the new world, according to the new competitiveness ranking that was published by the World Economic Forum today. In comparison with last year, Estonia improved its ranking by two places, writes aripaev.ee Read

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