2022-09-06
Stainless Vilnius: an innovative and dynamic location for IT
The OTK Global Service Centre in Lithuania is responsible for nearly 40 functions, including cyber security, IT systems, and over €1.3B in procurement.
Tag: growth
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.
2022-08-27
Is the calm-before-the-winter-storm in front of the labor market?
Polish industrial production grew by 7.6% YoY, thus decelerating rapidly in recent months. The economy and the labor market must adjust to a new energy shock.
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.
2022-08-13
Stimuli give prices risky wings when prudence is golden
In Latvia, the State programme for house purchase provides a boost to the price increase, lowering the effectiveness of the macroprudential policy.
2022-08-06
Recession to cure inflation? Now stagflation is knocking
In Estonia, inflation over the year has reached 22.8%. Meanwhile, growth in retail sales and industrial output has slowed down.
2022-07-30
Lithuania: CAB deficit down, the balance of services grows
The deficit on the CAB shrank 4.5 times, thanks to a dramatic plunge in the foreign trade and the increasing surplus on the balance of services.
2022-07-23
Inflation: know your enemy despite the now-dovish rhetoric
In Poland, June CPI rose to 15.5% YoY, where energy carriers were 35.1% more expensive than a year earlier, with fuels +46.7%.
2022-07-16
No monetary pumping, no inflation nor wealth erosion
In Estonia, consumer prices rose 21.9% in June over the year, whereas the share of energy in the consumer basket is higher only in Latvia.
2022-07-09
Private savings, not monetary pumping, will boost economic growth
In Latvia, inflation was on the rise in June (+19.3% YoY). Businesses transferred the cost increase to the prices and made consumers pay for it.