2024-12-07
Inflation and taxes make the checkmate one step closer
Inflation over 2024 remained high following the food commodities on global markets. Wage pressures will be key for steering the future.
Tag: energy
2024-11-12
Latvia strengthens its position as a green energy exporter
PurpleGreen and SET signed the sale of 550k tonnes of green ammonia per year for 20 years, promoting Latvia’s economic development.
2024-10-15
Latvia is ready to reach its renewable energy goal
The amount of electricity generated by solar power plants increased more than three times compared to 2022, reaching 239 GWh.
2024-08-20
The growth- and effectiveness mindset will keep depression away
In the first semester of 2024, 28 investment projects have been implemented in Latvia, worth €263m to the economy and 1,245 new jobs.
2024-08-10
Only rhetoric and shields from the reckoning are temporary
In Poland, the energy shield withdrawal brings prices for house energy to rise, core to increase, and CPI to remain at elevated levels.
2024-07-30
Estonia’s innovation generates the energy of the future
The construction of Estonia’s first pumped hydro storage plant will begin in 2025, with a capacity of 6GWh of power to the grid.
2024-07-27
Shall the market decide on value and merit?
With government funding being increased alongside the decline in competitiveness, budget deficit and debt will only widen.
2024-07-23
Housing and sales are the measure of the consumer’s sentiment
In Poland, construction output (-8.9% YoY ) was weaker than expected, while retail sales data indicates that sentiment remains cautious.
2024-07-13
Summer relax to be the swan’s song before the storm?
Despite the consumer basket being 2.5% more expensive YoY, inflation expectations have fallen – only waiting for energy prices to climb for seasonal reasons.
2024-06-15
Export and sound money are the keys to grow
The Estonian economy remained in recession in the first quarter, but Eesti Pank is more optimistic about the second half of the year as export rebounds.