The ports of Estonia, Latvia and Lithuania are facing a lull in activity, with cargoes from the east into Europe and from the West into Russia finding new routes to circumvent Baltic ports.
The countries of Central and Southeast Europe have stopped narrowing the gap even with sluggish Western Europe as a result of slower productivity growth and lower capital accumulation in the Western Europe.
German research institutes provide conflicting data on the costs of the possible dissolution of the Schengen Agreement.
The unconventional monetary policy of the European Central Bank is failing to produce the expected result, i.e. an acceleration of economic growth in the euro area.
Some of the fastest growing CEE economies have also seen large fluctuations in GDP growth with adverse consequences on unemployment and migration
Baltic energy companies are active against the backdrop of an ever-present regional threat.
Brexit would damage the Central and Southeast European region’s sovereign ratings. That appears to be the consensus among analysts.
Danpower Baltic, a German-Lithuanian joint venture, has bought three biomass heating plants in Vilnius and Kaunas.
The Lithuanian and Japanese governments have signed a memorandum of co-operation on nuclear energy matters, meanwhile Estonian government signed a deal with Russian Gazprom.
Lukoil, Russia’s largest private oil company, will sell 230 petrol stations in Poland and the CEE region.