
No energy no party: inflation and taxes are best friends
In Estonia, inflation for food and services is pushed higher by taxes, while production has become more expensive at the expense of competitiveness.
In Estonia, inflation for food and services is pushed higher by taxes, while production has become more expensive at the expense of competitiveness.
Poland is the largest military power among the former members of the Warsaw Pact, the third largest army in NATO and will allocate 5% of GDP to defence.
The capital of Lithuania has decided to prepare for a possible war scenario, with a plan for the total evacuation of the city within 48 hour.
Poland recorded a current account deficit of €168 million with the difference in import and export dynamics widening further.
Riga offers operational and financial advantages, that’s why Cembra Latvia is strengthening the local service industry with professional quality services.
Wix establishes a new design studio in Vilnius, while PAYSTRAX expands its Lithuanian operations, boosting their teams and capabilities.
Interest rates on loans and banks deposits fell substantially over the year, while term deposit made up 97% of the total held by households and companies.
In Q3 2024, Latvia’s exports rose slightly YoY, with services leading. FDI hit 327M euros. Imports fell, especially in mineral products.
Poland’s GDP growth in Q4 was 3.2% YoY, up from 2.7% in Q3, hauled by household consumption rising by 3.2% YoY and public consumption by 3.4% YoY.
Lithuania’s economy rebounds with 2.4% GDP growth in 2025, driven by exports, private consumption, and investments.