The Little Tigers can be hurt but never tamed
The Baltics are challenging current setbacks and security concerns while striving for energy independence in the Nordic region.
The Baltics are challenging current setbacks and security concerns while striving for energy independence in the Nordic region.
In an open system, economic transformation led by the freedom of private initiative requires to focus on the amelioration of market exchange.
Economic downturns propel new ventures like the Nordin Tech Valley, where the combined valuation of Estonian, Finnish, and Swedish enterprises nears 400bn.
The transparency in public finance is key for better controlling public spending: with 5.5-6% of GDP Warsaw has the highest deficit in the EU.
The agreement between PAIH and Dubai Internet City increases the support for Polish companies in entering the market of the UAE.
Estonian banks’ profits have grown fast when the income on loans linked to Euribor increased. Now risks come from loan losses at the window.
CBDC aren’t necessary, digitalization and ease are already here. What’s missing is a competitive free market transmission mechanism.
Despite the decline in manufacturing, ING sees encouraging signs. However, wage growth leaves no space for doubt: the double-digit core inflation will stay.
Latvia is not yet viewed as an innovation leader and is taking action to integrate into the European digital community.
Estonia receives more financials from abroad than it is investing: services exports drop (-2% YoY), and the consolidated debt grows +9% YoY.