The surface may cool down, but instability burns underneath
Estonia should build on the competitive advantages of an efficient business environment and wide digital experience to escape stagflation.
Estonia should build on the competitive advantages of an efficient business environment and wide digital experience to escape stagflation.
Progress in FDI attraction comes even within the public sector, where Wroclaw, Vilnius, Tallinn set a benchmark for business-friendliness.
Despite the wage gains in the region and retail sales up to 3%, Polish households remain cautious when making purchasing decisions.
The ELWIND offshore wind park will provide electricity of at least 1000 megawatts and create at least 2800 new jobs in Latvia.
With over 7,000 specialists and more than 260 companies, Lithuania represents Europe’s largest Fintech hub, now aiming at 35 million clients.
Multi-million projects for the construction of new industrial parks in Jelgava, Ventspils, Liepaja, and Daugavpils received the green light.
The core inflation is persistently higher than headline, while expansionary fiscal policy increases the pressure and weaken the competitiveness.
The current decline in Estonia’s exports is more a reflection of the weakness in foreign markets and the problems with competitiveness.
Estonia has the most startups and unicorns per capita in Europe, a result of its leadership in education, where digitalization is a cornerstone.
Riga is setting up ten new wind power plants with a total capacity of at least 800 megawatts (MW) and a green hydrogen plant in Ventspils.