2023-12-30
Where merit rules, growth and ideas thrive
Estonia’s FinTech success (+42% income) is attributed to local digital infrastructure, people capital, and the world’s best tax system.
Tag: Estonia
2023-12-16
Real growth need focus and free markets, not smoke
The current decline in Estonia’s exports is more a reflection of the weakness in foreign markets and the problems with competitiveness.
2023-12-12
Innovation is gold, and continuous investment is the key
Estonia has the most startups and unicorns per capita in Europe, a result of its leadership in education, where digitalization is a cornerstone.
2023-12-02
The city of the future is nature-friendly
Tallinn has presented a €7m project for a city park with an insect-friendly green corridor connecting green areas and neighbourhoods.
2023-11-07
Deep technology makes an opportunity out of any challenge
Economic downturns propel new ventures like the Nordin Tech Valley, where the combined valuation of Estonian, Finnish, and Swedish enterprises nears 400bn.
2023-10-28
Domino risk on the rise: it’s a hard-loan life
Estonian banks’ profits have grown fast when the income on loans linked to Euribor increased. Now risks come from loan losses at the window.
2023-10-14
When growth and exports fall, debt raises
Estonia receives more financials from abroad than it is investing: services exports drop (-2% YoY), and the consolidated debt grows +9% YoY.
2023-10-03
AI is the secret ingredient of present and future achievements
Estonia is the world’s most advanced digital society, where AI optimizes business processes, customer service, quality control, and risk mitigation.
2023-09-16
Manufacturing and sales downturn weights on the wage-price spiral
Inflation will close to 9%, while the low estimates of competitiveness in Germany and Finland deepen the economic uncertainty.
2023-09-02
There’s no easy nor rapid way out of stagflation
Estonian GDP shrank by 2.9% YoY: about 40% of the value created by companies is intended for export, which since last year has lost competitiveness.