
Poland’s light at the end of the tunnel?
Poland recorded a current account deficit of €168 million with the difference in import and export dynamics widening further.
Poland recorded a current account deficit of €168 million with the difference in import and export dynamics widening further.
Riga offers operational and financial advantages, that’s why Cembra Latvia is strengthening the local service industry with professional quality services.
Interest rates on loans and banks deposits fell substantially over the year, while term deposit made up 97% of the total held by households and companies.
In Q3 2024, Latvia’s exports rose slightly YoY, with services leading. FDI hit 327M euros. Imports fell, especially in mineral products.
Poland forecasts economic growth amounting to 2.7%, poor development in the current account, and upward pressure on core price increases.
Commerzbank, one of the largest financiers of German foreign trade, opens a new representative office in Vilnius.
In Lithuania, interest rates on deposits with a maturity of 2y are the highest in the euro area. However, this doesn’t stop the loans growth.
In Poland, the energy shield withdrawal brings prices for house energy to rise, core to increase, and CPI to remain at elevated levels.
Invest Lithuania recently published the most comprehensive insight on business opportunities, from fintech to ICT and manufacturing.
Difficulties in repaying loans can be a serious worry for households and businesses as the risks coming from Sweden are still high.