
Poland on a mission for a space in Latin America
PAIH’s mission to Central America helped Poland’s prospects for business and cooperation in strategic sectors in Mexico and Guatemala.
PAIH’s mission to Central America helped Poland’s prospects for business and cooperation in strategic sectors in Mexico and Guatemala.
Lithuania is expected to grow by 2.2%, where ICT alone has been outpacing the entire economy. Beware the sluggish exports.
Estonia’s services export continues to grow moderately, but manufacturing is still in quite a precarious position.
Investment has remained stable and expectations of decline have lessened, it is now essential to reduce the debt burden of the public sector.
Economic growth is still based on one pillar, and that’s consumption. With a persistently high core inflation, the question is: for how long?
Latvian government launches a school program to include traditional rye bread in the daily meals of pupils from kindergarten to the entire first cycle.
The construction of Estonia’s first pumped hydro storage plant will begin in 2025, with a capacity of 6GWh of power to the grid.
With government funding being increased alongside the decline in competitiveness, budget deficit and debt will only widen.
In Poland, construction output (-8.9% YoY ) was weaker than expected, while retail sales data indicates that sentiment remains cautious.
GDP growth in Q2 2024 was close to 3% YoY only thanks to consumption. Solid market economy will be back only upon the expiration of minimum wage policy.