
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.
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.
Rail Baltica is a fully electrified double-track railway, with a 249 km/h design speed, that will reduce times between the Baltics and the rest of Europe.
Estonia will be decoupled from the Russian electricity system in 2025 and put together new projects across wind, solar, hydrogen, and nuclear.
In Poland, the increase in core inflation remains a problem. The return of market electricity prices won’t leave room for rate cuts.
In Poland, talent and logistics, not least the future investments by TSMC and Intel, were emphasized as key assets at the recent business mission to Taipei.
Riga is paying great attention to clean energy projects which involve a high degree of investment, R&D and nature conservation in return.
From the University of Latvia comes the feasibility of generating electricity by converting geothermal or waste heat.
Estonia should build on the competitive advantages of an efficient business environment and wide digital experience to escape stagflation.
Half of Latvia’s electricity in 2022 came from renewable sources (53.3%). And regarding renewable energy of all sorts, it ranks third in the EU.
The ELWIND offshore wind park will provide electricity of at least 1000 megawatts and create at least 2800 new jobs in Latvia.