Estonia on the top of innovation, technology, and sustainability
Estonia’s success in startups and deeptech is attributed to a supportive ecosystem, innovative policies, and a strong talent pool.
Estonia’s success in startups and deeptech is attributed to a supportive ecosystem, innovative policies, and a strong talent pool.
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.
The annual growth of loans and deposits stands at 4.5% and 5.5%, respectively. Households are offered the highest interest rates on deposits of over 2 years
Latvia’s economy is projected to be sluggish: labour costs present risks to growth and competitiveness, while fuelling inflation.
Additional problems arise when the state softens the recession, widening the budget deficit with additional money into the economy.
Lithuania’s optimism assumes a rapidly increasing household real income: will wages keep rising faster than prices with no consequences?
With the fall in exports (18.4%) and imports (12.4%) of services, the surplus balance of services decreased by 25.5%.
In December, the surplus on the CAB increased thanks to a drop in the foreign trade deficit and a rise in the surplus balance of services.
The Bank of Lithuania published a comparison of interest rates on loans of Lithuanian and euro area credit institutions and term deposits.
Last November the surplus on the CAB decreased by 34.3%, where the trade balance suffers alongside exports (services -3.2%).