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Cbank economist: Estonia no longer cheap labor country

  • 2018-11-17
  • LETA/TBT Staff

TALLINN – According to Bank of Estonia economist Kaspar Oja, Estonia is no longer a country of cheap labor as the salary rate here is relatively high compared with the countries of Central and Eastern Europe. "Even though Estonian salaries ar...

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All Baltic states saw their exports rise this year - Eurostat

VILNIUS – All three Baltic states posted exports increases in nine months of this year, the latest figures from the EU statistics agency, Eurostat, show. Lithuania's exports rose 8 percent to 21 billion euros in January-September year-on-year. It also grew 8 percent to 10 billion euros in Latvia and increased 11 percent to 11 billion euros. Imports went up 9 percent to 23 billion euros in Lithuania, grew 10 percent to 12 billion euros in Latvia ...

EU defense efforts must not hurt transatlantic bond: NATO chief

BRUSSELS - NATO chief Jens Stoltenberg warned Europe against undermining transatlantic ties, following a defense spat between US President Donald Trump and French leader Emmanuel Macron, the AFP news agency reports. Trump had tweeted on Friday that Macron's call for a "real European army" was "insulting". The US leader's criticism came after Macron spoke about the need for a European army and listed the US along with Russia and...

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