2023-12-05
Latvia boosts clean energy with new plants and investment
Riga is setting up ten new wind power plants with a total capacity of at least 800 megawatts (MW) and a green hydrogen plant in Ventspils.
Tag: energy
2023-11-14
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.
2023-10-10
The law of attraction: logistics, skills and public money
Ionway is building its first factory in Nysa, aiming at an annual production capacity of 160 GWh. Reportedly, 350 mln euros are granted by the government.
2023-09-12
While energy debate is on fire, no action taken
Coal mines employ nearly 76,000 people, but Poland doesn’t want to miss out on attracting greenfield projects. Elections’ rhetoric is buzzling.
2023-07-08
The real slump to beware it’s the money value
The purchasing power of wages has not yet returned to where it was, their paid-out exceeded 10% throughout the first five months of the year.
2023-06-20
The more inflation, the less competitiveness
The tight labour market increases the risk that inflation will remain higher and growth lower, and the rising borrowing costs will weigh on investment outlooks.
2023-06-17
Public money only makes inflation more persistent
Despite Poland’s core inflation picture being the least favourable in the region, the government released a plan to increase permanent spending.
2023-06-13
Poland’s challenges to the EU combustion engine phaseout
In an attempt to avoid an outright ban on sales of polluting vehicles, Warsaw will continue mining coal, which generates 70% of its power, until 2049.
2023-05-23
Low competitiveness is the price for a persistent core inflation
In Estonia, the price of electricity in April was 29% higher than the previous month. While GDP is expected to decline by 1.2% this year.
2023-05-06
Rate cuts are unlikely, as the context is odd
High inflation has translated not only into a decline in real purchasing power, but also in construction- (-1.5%) and industrial production (-2.9%) drops.