2023-03-11
Pumped-up wages only eat into competitiveness and money value
The rapid growth in wages drives domestic inflation. While higher energy prices, reduced access to raw materials, and weaker demand hamper exports.
Tag: people
2023-03-04
Free market competition to break the double-digit inflation
Central banks are normally cited as the entities who fix the economy by disinflation, not those who broke the market by causing inflation.
2023-02-28
Simplification and efficiency empower economic growth and individual freedom
e-Residency created an environment for entrepreneurs able to generate 1.8 billion euros in turnover and create 6,700+ jobs in Estonia.
2023-02-21
Courage, stability, and growth empower FDI, innovation, and wellbeing
Lithuania is one of Europe’s most digitized countries, easing economic crosscurrents through targeted stimulus, FDI, and global partnerships.
2023-02-18
Strong winds of war call for erecting new walls
Estonia is pushing to close work on the wall on the south-eastern front, while Poland has finished building the fence on the border with Belarus.
2023-02-14
A new addition to the dynamic fintech family in Lithuania
Saldo Bank offers fully automated lending solutions for consumers and SME customers plus term deposit accounts for consumer customers.
2023-02-11
The clock is ticking, now it’s time for action
In Latvia, inflation increased by 20.8% YoY, with the annual rate at 17.3%. Disinflation likelihood is less than in the US, given the ECB delay in raising rates.
2023-02-07
Lithuania’s biotech jumps up: now just set it free
Life sciences make up 2.5 percent of Vilnius’ GDP creation, looking to figure hit 5 percent by 2030. The sector sees year-on-year growth of 22 percent.
2023-01-31
Niches survive: the new future for worldwide telex in Estonia
Telegraf ÖU is building a network of stations connected by telex: a communication chosen by small credit institutions that cannot use the Swift system.
2023-01-28
Appearances are deceiving: inflation is in an upward trend
While analysts predict disinflation, Poland faces increasing energy prices for households linked to higher indirect tax rates. And food prices continue to rise.