2023-03-04
Free market competition to break the double-digit inflation
Central banks are normally cited as the entities who fix the economy by disinflation, not those who broke the market by causing inflation.
Tag: EU
2023-02-11
The clock is ticking, now it’s time for action
In Latvia, inflation increased by 20.8% YoY, with the annual rate at 17.3%. Disinflation likelihood is less than in the US, given the ECB delay in raising rates.
2023-02-07
Lithuania’s biotech jumps up: now just set it free
Life sciences make up 2.5 percent of Vilnius’ GDP creation, looking to figure hit 5 percent by 2030. The sector sees year-on-year growth of 22 percent.
2023-02-04
Caps and bans only make us dependent on China
The EU ban on Russian oil products leads to a major shift: China secures a long-term supply and sells refined products globally at higher margins.
2023-01-14
Poland: recovery fund and elections are on the watchlist
The Polish government is desperate to see the new measure passed, as it’s key to getting €36 bn from the EU’s recovery fund with elections at stake.
2022-12-31
Official narrative aside, upward inflation is over the horizon
The forecasts for Latvia see a persistently high degree of uncertainty. GDP is revised downwards to 2.1%, with a 5.6% contraction in household consumption.
2022-12-24
The Poland-EU dispute on the edge between autonomy and control
The Polish government is reportedly working on a retreat on the judicial disputes costing €35 billion in grants and loans, plus a €1 million a day fine.
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.