Heads-up: wages on the rise despite slumpy economic growth
Despite the strong scores in the regulatory and legal frameworks, Estonia has more people unemployed than before the pandemic.
Despite the strong scores in the regulatory and legal frameworks, Estonia has more people unemployed than before the pandemic.
In 2021 and Q1 2022, the Polish metals and steel sector rose with elevated growth and profits, followed by additional purchases at the brick of the war.
In Latvia, the second half of this year and the beginning of 2023 will see an even stronger slowdown of economic growth and energy resources.
In addition to the pandemic recovery funds, the prospect of withholding Poland’s slice of the EU’s budget pie has sparked uproar in Warsaw.
Elevated inflation is weighing on the propensity to consume and keeps undermining the purchasing power, while GDP growth decelerates.
More than 30 Lithuanian companies participate in space supply chains, one of the fastest growing with an annual growth of 6.7%. To the sky and beyond.
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.
Fintech is one of the fastest growing sectors to the Baltic, with 118 of about 400 start-ups in 2021 (+57% to 2019).
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.
The Estonian IT sector is the most competitive in CEE, thanks to its business environment and the implementation of online services.