Gas supplies and hope at risk before winter ends
The rise in relative costs and the gas storage/demand gap in Latvia will make the path rockier, thus weakening competitiveness.
The rise in relative costs and the gas storage/demand gap in Latvia will make the path rockier, thus weakening competitiveness.
Latvia’s recognitions at the last Go Global Awards underline its own achievements through innovations and technological development.
Despite the strong scores in the regulatory and legal frameworks, Estonia has more people unemployed than before the pandemic.
In 2021 and Q1 2022, the Polish metals and steel sector rose with elevated growth and profits, followed by additional purchases at the brick of the war.
In Latvia, the second half of this year and the beginning of 2023 will see an even stronger slowdown of economic growth and energy resources.
In addition to the pandemic recovery funds, the prospect of withholding Poland’s slice of the EU’s budget pie has sparked uproar in Warsaw.
Elevated inflation is weighing on the propensity to consume and keeps undermining the purchasing power, while GDP growth decelerates.
More than 30 Lithuanian companies participate in space supply chains, one of the fastest growing with an annual growth of 6.7%. To the sky and beyond.
Estonia has to cope with very high inflation and a recession in the second half of the year when the economy will decline by 3%. Perfect economic storm.
Fintech is one of the fastest growing sectors to the Baltic, with 118 of about 400 start-ups in 2021 (+57% to 2019).