2023-10-28
Domino risk on the rise: it’s a hard-loan life
Estonian banks’ profits have grown fast when the income on loans linked to Euribor increased. Now risks come from loan losses at the window.
Tag: finance
2023-10-21
Hope dies last, but doesn’t clear the dark clouds
Despite the decline in manufacturing, ING sees encouraging signs. However, wage growth leaves no space for doubt: the double-digit core inflation will stay.
2023-10-17
Despite progress and innovation, there’s still way to go
Latvia is not yet viewed as an innovation leader and is taking action to integrate into the European digital community.
2023-10-14
When growth and exports fall, debt raises
Estonia receives more financials from abroad than it is investing: services exports drop (-2% YoY), and the consolidated debt grows +9% YoY.
2023-10-03
AI is the secret ingredient of present and future achievements
Estonia is the world’s most advanced digital society, where AI optimizes business processes, customer service, quality control, and risk mitigation.
2023-09-16
Manufacturing and sales downturn weights on the wage-price spiral
Inflation will close to 9%, while the low estimates of competitiveness in Germany and Finland deepen the economic uncertainty.
2023-09-02
There’s no easy nor rapid way out of stagflation
Estonian GDP shrank by 2.9% YoY: about 40% of the value created by companies is intended for export, which since last year has lost competitiveness.
2023-08-15
Estonia on top of Emerging Europe and digital healthcare
Estonia brought €351M worth of FDI and 1600+ new jobs, while the digital health sector will grow 30% annually and reach €640B by 2026.
2023-07-15
Investment attraction is crucial to bounce back economic growth
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
2023-06-24
Despite rosy optimism, uncertainty is the queen
Pressure on current expenditures in social, healthcare, and defence will only mount over time. Business expectations are indeed pessimistic.