Money laundering body: is it an economic asset or liability?
Banks should know their customers and innovate in ICT, while the state focus on prosecution without spreading unnecessary costs throughout the economy.
Banks should know their customers and innovate in ICT, while the state focus on prosecution without spreading unnecessary costs throughout the economy.
Despite the optimistic forecast, inflation in Latvia remains among the highest in the euro area. Investment growth prospects have not improved.
Although it is recognized that Poland did implement some changes, others that were requested have yet to be suspended.
A GDP contraction of –0.3% is predicted for this year in Lithuania, with +2.7% growth in 2024. Inflation to decrease more slowly than expected.
Uncertainty is the key factor in Estonia’s GDP forecast, which is built on the back of the 2022 downturn: energy and consumer prices, purchasing power, and business confidence.
Central banks are normally cited as the entities who fix the economy by disinflation, not those who broke the market by causing inflation.
e-Residency created an environment for entrepreneurs able to generate 1.8 billion euros in turnover and create 6,700+ jobs in Estonia.
While the global economic situation is deteriorating, the focus should be reversed on GDP growth and net exports, targeting core inflation.
Lithuania is one of Europe’s most digitized countries, easing economic crosscurrents through targeted stimulus, FDI, and global partnerships.
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.