Poland and zloty’s weaknesses on the brick of no-return
Elevated inflation is weighing on the propensity to consume and keeps undermining the purchasing power, while GDP growth decelerates.
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).
Lithuania’s growth forecast is revised down. Increased prices of food and energy slow down growth in trading partners, when it’s necessary to cut market distortions.
The Estonian IT sector is the most competitive in CEE, thanks to its business environment and the implementation of online services.
Despite firms only need certainties, EU keeps deducting from Poland as a result of not complying with the judiciary. But Warsaw could spoil the Fit for 55 climate packages.
Poland has launched the Baltic Pipe, the infrastructure which will deliver 6.5 billion cubic meters of Norwegian gas in 2023.
Despite retail sales in Poland rising by 4.2% YoY in August, with the inflationary everything-bubble prospects for upcoming quarters are deteriorating.
The culture of knowledge and experience sharing attracts more talent and creates the breeding ground for more innovation and European leadership.