
Optimism lies only in the news, weak performance persists
Latvia’s economy is projected to be sluggish: labour costs present risks to growth and competitiveness, while fuelling inflation.
Latvia’s economy is projected to be sluggish: labour costs present risks to growth and competitiveness, while fuelling inflation.
Additional problems arise when the state softens the recession, widening the budget deficit with additional money into the economy.
Lithuania’s optimism assumes a rapidly increasing household real income: will wages keep rising faster than prices with no consequences?
In Poland, 74 high-quality investments worth EUR 7.4 bn were completed with 20,000 new jobs. And now the prospect of a joint Chamber of Commerce with Mexico.
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.