Poland: the export decrease weights on the BOP
Last November the downward trend in export goods continued (-8.3% to 12 months prior). The value of goods imports decreased by 13.8%.
Last November the downward trend in export goods continued (-8.3% to 12 months prior). The value of goods imports decreased by 13.8%.
Last November the surplus on the CAB decreased by 34.3%, where the trade balance suffers alongside exports (services -3.2%).
Setting a more realistic date for coal exit will allow the selection of units that will stay on line to keep system supplied while attracting green investments.
Multi-million projects for the construction of new industrial parks in Jelgava, Ventspils, Liepaja, and Daugavpils received the green light.
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.
In an open system, economic transformation led by the freedom of private initiative requires to focus on the amelioration of market exchange.
Despite the decline in manufacturing, ING sees encouraging signs. However, wage growth leaves no space for doubt: the double-digit core inflation will stay.
Latvia is not yet viewed as an innovation leader and is taking action to integrate into the European digital community.
Estonia receives more financials from abroad than it is investing: services exports drop (-2% YoY), and the consolidated debt grows +9% YoY.
Ionway is building its first factory in Nysa, aiming at an annual production capacity of 160 GWh. Reportedly, 350 mln euros are granted by the government.