
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.
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.
Pressure on current expenditures in social, healthcare, and defence will only mount over time. Business expectations are indeed pessimistic.
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.
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.
Tietoevry is combining global business design and software engineering services within the three Baltic countries, with a total market size of EUR 3.6 billion.
Digital health will grow 30% annually over the next 5 years and reach 640 bn by 2026. Estonia is working on evidence-based digital therapeutic solutions.
Tallinn has not only consolidated its competitive IT sector and business environment: now finance and insurance firms lead the flow of FDI abroad.
Uncertainty is the key factor in Estonia’s GDP forecast, which is built on the back of the 2022 downturn: energy and consumer prices, purchasing power, and business confidence.
Tallinn continues to build the infrastructure of the south-eastern border according to the scheduled times. The works should still be completed by 2025.
The rapid growth in wages drives domestic inflation. While higher energy prices, reduced access to raw materials, and weaker demand hamper exports.