2023-09-16
Manufacturing and sales downturn weights on the wage-price spiral
Inflation will close to 9%, while the low estimates of competitiveness in Germany and Finland deepen the economic uncertainty.
Category: Estonia
2023-09-02
There’s no easy nor rapid way out of stagflation
Estonian GDP shrank by 2.9% YoY: about 40% of the value created by companies is intended for export, which since last year has lost competitiveness.
2023-08-29
Education succeeds when gives life to innovation and efficiency
Estonia has the highest educational rankings and its ICT sector is the most competitive in Europe, with appliances on bioengineering and healthcare.
2023-08-15
Estonia on top of Emerging Europe and digital healthcare
Estonia brought €351M worth of FDI and 1600+ new jobs, while the digital health sector will grow 30% annually and reach €640B by 2026.
2023-07-18
First things first, a stable and independent power system
With support from Poland and European funding (1.6 bn), the Baltics will upgrade their infrastructure and disconnect from the BRELL system.
2023-07-11
If dialogue breaks down, the military deterrent is left
The Baltics have requested the NATO forces deployed be beefed up to 3,000-5,000 troops each, being the most vulnerable part of the organization.
2023-07-08
The real slump to beware it’s the money value
The purchasing power of wages has not yet returned to where it was, their paid-out exceeded 10% throughout the first five months of the year.
2023-06-24
Despite rosy optimism, uncertainty is the queen
Pressure on current expenditures in social, healthcare, and defence will only mount over time. Business expectations are indeed pessimistic.
2023-05-27
The future of ID documents in a single pocket
mRiik is the digital identity app that will allow you to have all the necessary documents (passport, ID card, driver’s license) in users’ phones.
2023-05-23
Low competitiveness is the price for a persistent core inflation
In Estonia, the price of electricity in April was 29% higher than the previous month. While GDP is expected to decline by 1.2% this year.