Baltic States

What the 2024 US presidential election means for Emerging Europe

Clare Nuttall in Glasgow August 20, 2022

In the context of severely heightened security concerns across Emerging Europe, the 2024 US presidential election is already seen as a significant risk for the region.

Latvian unemployment rate at 6.6% in 2Q

Linas Jegelevicius in Vilnius August 18, 2022

Latvia’s unemployment rate fell slightly to 6.6% in 2Q of 2022, the Labour Force Survey published on August 16 by the country’s Central Statistical Bureau shows.

Estonia and Latvia pull out of China-CEEC cooperation format

Linas Jegelevicius in Vilnius August 14, 2022

The CEEC platform, which was once called the 17+1, now has 14 members plus China.

ECB makes first rate hike in 11 years to contain inflation

bne IntelliNews July 22, 2022

Rate hike made in response to accelerating inflation after consumer prices in the Eurozone grew by 8.6% y/y in June.

Lithuania’s foreign minister faces interpellation over Kaliningrad transit sanctions

bne IntelliNews July 20, 2022

Opposition MPs say they want answers about government's handling of EU sanctions on Russian goods transiting via Lithuania to the Russian exclave of Kaliningrad.

Lithuania’s Leafood developing one of Europe’s largest vertical farms

bne IntelliNews July 18, 2022

Investments into vertical farms are increasing as a means to grow more food in smaller spaces and cut water use.

DATACRUNCH: Stagflation visualisation

Ben Aris in Berlin July 18, 2022

Stagflation is here. The world is facing a global recession that could go on for several years as central banks everywhere will be forced to put through growth-crushing large rate hikes to control runaway inflation. But just how bad is it now?

FDI in CEE: It’s about Russia, inflation and populism

Wojciech Kosc in Warsaw July 18, 2022

After February 24, when the first Russian tanks rolled into Ukraine, looking at a map of Europe is no longer what it used to be.

Germany’s ZEW Index collapses as fears of gas rationing mount

bne IntelliNews July 13, 2022

Germany’s leading economic index, the ZEW, collapsed in July as fears mount that Russia will cut the country off from gas entirely at the end of this month, and that could spark a major economic crisis, Oxford Economics reported on July 12.

Estonia’s Reform Party, Isamaa and Social Democrats reach deal on new coalition

Linas Jegelevicius in Vilnius July 11, 2022

Coalition reaches compromise on contentious issues of family support and reform of the electricity market.

Tougher times ahead for Emerging Europe

Clare Nuttall in Glasgow July 7, 2022

With no end to the Ukraine war in sight, spiralling inflation is set to drag down growth across Emerging Europe in the second half of 2022 and into 2023, wiiw’s latest forecasts say.

Latvia plans return of compulsory national service

bne IntelliNews July 7, 2022

National military service will be reintroduced for males from 2023, first on a voluntary basis and then in compulsory form after five years.