
Data from Statistics Estonia show that the growth in average gross wages accelerated to 5.8% in the second quarter of 2015, from 4.5% in the first quarter. Tax changes that took effect this year supported the 7.3% rise in the…
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…
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 a survey conducted by SEB, most clients who have taken a home loan are afraid of unemployment (69% of the respondents), an increase in loan interest (50%) or a decline in health (42%). Of the participants, 66% have…
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…
Held under the leadership of SEB last week, a meeting of real estate buyers and sellers confirmed that someone buying a new home today must both carefully consider their family’s actual needs and compare real estate offers that meet those…
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…
According to a recent report on the Statistics Estonia site, economic growth in Estonia grew by two per cent y-o-y to Q2 2012. However, GDP only grew by 0.4 per cent, when seasonal and work-day factors are taken into account, between…
According to a recent article in the Estonian Press Digest from News2Biz, July 2012 saw something of a fall in real estate prices in Estonia as a whole, but at the same time real purchasing power (in Tallinn) for those…