2023-01-07
Expectations are not enough with inflation out of control
Lithuania’s economy keeps growing (1.3% in 2023). But the stabilization is fragile, and the balance of risks is negative. The global outlook is worsening.
Tag: energy
2022-12-17
Supply chain improvement is just a timeout: energy is 60% higher
In Poland, the risk of annual growth falling to negative is high. And building construction will be one of the weakest spots of the domestic economy in 2023.
2022-12-06
A new R&D centre jingles Estonia’s clean energy future
The construction of a magnet factory and R&D centre in Narva will have the capacity to produce magnets made of rare earth metals and recycled ones.
2022-12-03
Riga build-up the largest solar panel port in the Baltic
The winner of the auction is UAB Saulės Grąža. The total investment in development and distribution will exceed EUR 90 million.
2022-11-29
Green energy made in the Baltics: power for development
ELWIND has been listed on the first list of green energy cross-border (CB RES) projects under the EU Connecting Europe Facility (CEF).
2022-11-15
Estonia switches on the future with 100% green power
Estonia has now become a front-runner green power in wind farms. A unique laboratory on the sea will be created near Saaremaa.
2022-11-12
Gas supplies and hope at risk before winter ends
The rise in relative costs and the gas storage/demand gap in Latvia will make the path rockier, thus weakening competitiveness.
2022-10-29
Supply disruption and fewer energy resources: stagnation is the watchword
In Latvia, the second half of this year and the beginning of 2023 will see an even stronger slowdown of economic growth and energy resources.
2022-10-15
Innovation is firms’ and enterprises’ lighthouse in the economic storm
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.
2022-10-08
Pre-2020 hope? Cut market distortions, cool down price fever
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.