Page 2/2

Latvia

Retail Trade: Highest Increase In Baltic Countries

Volume of retail trade was down by 1.2% in the euro area.

December 5, 2012

Unemployment Decreasing in Baltic Countries

Euro area unemployment rate at 11.7%. EU27 at 10.7%. Austria still records the lowest unemployment quota.

November 30, 2012

CESEE: Social Protection Still Underdeveloped

EU27 spent 29.4% of GDP on social protection in 2010. The lowest ratios were observed in Romania, Latvia, Estonia and Bulgaria.

November 27, 2012

S&P Upgrades Latvia

The Baltic country performs well, S&P underlines. The long and short-term sovereign credit rating moved from “BBB-/A-3” to “BBB/A-2”.

November 15, 2012

Latvia Has Best Growth Prospects

Today, the EU Commission has announced its economic forecast for 2012. Austria is among the economically stable countries.

November 8, 2012

Unemployment: Austria Ranks First in EU

In September, the euro area unemployment rate came at 11.6%. The Baltic countries registered a substantial decrease in unemployment.

October 31, 2012

Nine Prime Minister Discuss EU Budget in Bratislava

The Prime Ministers of nine countries of Central and Eastern Europe will meet in the Slovak capital on October 5.

October 3, 2012

Latvian Government Intends to Join the Eurozone in 2014

Despite the skeptical citizens of Latvia and the crisis in the Eurozone, the Latvian government wants to introduce the euro in 2014.

September 26, 2012

Latvia: Introduction of the Euro Wobbles

The majority of the Latvians are against joining the Eurozone. The Latvian government is under pressure.

September 22, 2012

EU: Germany Biggest Net Payer, Poland Biggest Net Recipient

In 2011, Poland received EU-aids of € 11bn. Among the new EU members, Hungary ranks second. In terms of GDP, Hungary is the biggest beneficiary.

September 21, 2012

Latvia: Fit for the Eurozone

According to Latvia´s Central Bank, the country will fulfill the Maastricht criteria by the end of the year.

September 18, 2012

Latvia: Majority Rejects Euro

According to a opinion poll by “Latvijas fakit”, 59% of the Latvians does not want to join the Eurozone.

September 5, 2012

Austria to Strengthen Cooperation with Baltic States

Austrian State Secretary meets the Speaker of the Latvian Parliament and underlines Latvia´s successful austerity course.

June 12, 2012

Austria's Labor Market Opens

As of May 1, 2011 the German and Austrian labor markets open for the new EU citizens. Romania and Bulgaria will follow suit in 2013.

December 30, 2010

CEE Companies in a Turmoil

According to a study by Deloitte, last year Eastern Europe’s top 500 companies showed a clear decline in sales.

September 14, 2010