
Estonia’s European leadership in unicorns-per-capita now worth 1B EUR
The culture of knowledge and experience sharing attracts more talent and creates the breeding ground for more innovation and European leadership.
The culture of knowledge and experience sharing attracts more talent and creates the breeding ground for more innovation and European leadership.
In Latvia, the average remuneration has risen by 8.3% YoY, but this rate is insufficient to offset the price surge (+16.4%). Free-market allocation is much needed.
The OTK Global Service Centre in Lithuania is responsible for nearly 40 functions, including cyber security, IT systems, and over €1.3B in procurement.
Latvia ranks 5th among EU members in VHCN. Last year important investment has been made in fibre optic communication innovation.
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.
In Estonia, inflation over the year has reached 22.8%. Meanwhile, growth in retail sales and industrial output has slowed down.
In Q1 employment in Estonia rose by 5.1% YoY, giving hope on the ability to absorb the shock of a fiscal and monetary tightening.
In Poland, second-round effects thrive in an environment of expansionary fiscal policy, buoyant wages growth, and consumption boom.
Although growth in employment accelerated, and the restrictions did not deliver any major setback, the labor force participation rate fell.
Household consumption will keep sustaining the Polish economic growth o\in 2022, and high producer prices will be passed on to final consumers.