2023-10-28
Domino risk on the rise: it’s a hard-loan life
Estonian banks’ profits have grown fast when the income on loans linked to Euribor increased. Now risks come from loan losses at the window.
Category: Economic Policy
2023-10-24
Digital euro is on the way: trick or treat?
CBDC aren’t necessary, digitalization and ease are already here. What’s missing is a competitive free market transmission mechanism.
2023-10-21
Hope dies last, but doesn’t clear the dark clouds
Despite the decline in manufacturing, ING sees encouraging signs. However, wage growth leaves no space for doubt: the double-digit core inflation will stay.
2023-10-17
Despite progress and innovation, there’s still way to go
Latvia is not yet viewed as an innovation leader and is taking action to integrate into the European digital community.
2023-10-14
When growth and exports fall, debt raises
Estonia receives more financials from abroad than it is investing: services exports drop (-2% YoY), and the consolidated debt grows +9% YoY.
2023-10-10
The law of attraction: logistics, skills and public money
Ionway is building its first factory in Nysa, aiming at an annual production capacity of 160 GWh. Reportedly, 350 mln euros are granted by the government.
2023-10-07
Despite the narrative, you can’t fight fire with fire
Thanks to the combination of fiscal and monetary intervention, the structural problems on the supply side will only be exacerbated by monetary tightening.
2023-10-03
AI is the secret ingredient of present and future achievements
Estonia is the world’s most advanced digital society, where AI optimizes business processes, customer service, quality control, and risk mitigation.
2023-09-30
Despite politics’ focus on demand, no growth no party
The core inflation is expected to remain elevated due to the non-competitive wage growth affecting both demand and costs in the price-setting process.
2023-09-26
Never underestimate how much poverty inflation and rhetoric bring
Poland’s central bank lowered interest rates despite inflation standing at 10%. The zloty immediately lost value against the dollar and the euro.