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.
Tag: EU
2022-10-11
How Fintech fuels a 13.2-bn race to the Baltic
Fintech is one of the fastest growing sectors to the Baltic, with 118 of about 400 start-ups in 2021 (+57% to 2019).
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.
2022-10-01
Recovery-Fund-sagas continue, but citizens and firms only need certainties
Despite firms only need certainties, EU keeps deducting from Poland as a result of not complying with the judiciary. But Warsaw could spoil the Fit for 55 climate packages.
2022-09-27
Gas-through-the-Baltic: the hope for energy diversification is still warm
Poland has launched the Baltic Pipe, the infrastructure which will deliver 6.5 billion cubic meters of Norwegian gas in 2023.
2022-09-20
Estonia’s European leadership in unicorns-per-capita now worth 1B EUR
The culture of knowledge and experience sharing attracts more talent and creates the breeding ground for more innovation and European leadership.
2022-09-17
No free-market allocation? It’s SMEs who must pump-up prices
In Latvia, the average remuneration has risen by 8.3% YoY, but this rate is insufficient to offset the price surge (+16.4%). Free-market allocation is much needed.
2022-09-10
Higher-cost and less-output production: now competitiveness is at stake
In Estonia, the consumer basket price was 24.8% higher YoY. Orders have declined, making harder to pass the higher costs to the final products. Competitiveness is at stake.
2022-08-30
Baltic high-speed network thrives competitive talent in ICT innovation
Latvia ranks 5th among EU members in VHCN. Last year important investment has been made in fibre optic communication innovation.
2022-08-23
In uncertain times, Estonia has opportunities worth reckoning with
Even in uncertain times, Estonia’s FDI inflow as a percentage of the GDP is the 4th-largest in Europe, thanks to the business legislation and government’s efficiency.