2023-08-01
Growth mindset and FDI strategy are the antidote to recession
New projects in Latvia create 1160 workplaces and reach 371.5M. Over the next ten years, 509.8M will target the electricity transmission system.
Tag: job
2023-07-29
Hope dies last: core inflation is more persistent than ever
Latvia’s inflation projections are revised downwards. But the wage-price spiral is not taken into consideration: in Q1 wages already edged up by 12%.
2023-07-25
Poland and Korea partner over tech, energy, and infrastructure
In 2022, the turnover of trade between Warsaw and Seoul amounted to USD 9 bn. The value of Korean exports reached USD 7.90 bn (+19%).
2023-07-15
Investment attraction is crucial to bounce back economic growth
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
2023-07-08
The real slump to beware it’s the money value
The purchasing power of wages has not yet returned to where it was, their paid-out exceeded 10% throughout the first five months of the year.
2023-06-27
Lithuania among the stars: new technology centre and ESA funding
Applications from Lithuania’s institutions receive €1 million in funding, and the space sector will grow to 1% of GDP by 2027.
2023-06-20
The more inflation, the less competitiveness
The tight labour market increases the risk that inflation will remain higher and growth lower, and the rising borrowing costs will weigh on investment outlooks.
2023-06-10
Technology not only closes old doors, opens new ones too
Lithuania’s manufacturing generates 20% of the GDP and employs 13% of the labour pool. Automotive leads both in jobs created and expenditures.
2023-06-06
Latvia in a mission to promote export and attract R&D
Riga rebranded its national strategy aiming to increase the amount of attracted investments to 2.45 billion euro over the next three years.
2023-05-23
Low competitiveness is the price for a persistent core inflation
In Estonia, the price of electricity in April was 29% higher than the previous month. While GDP is expected to decline by 1.2% this year.