Green growth is not yet happening in any advanced economies – and high-income countries are not on track achieve enough emissions reduction without more far profound changes in consumption.
In mechanical and electrical equipment, where Latvian exports to Russia fell by a quarter last year, growth in Kazakhstan, KyrgyzstanArmenia was between five and 12 times.
Estonian daily Eesti Paevaleht revealed PM Kaja Kallas’ husband's firm earned €1.5mn from Russia business since February 2022.
Welfare Minister Evika Silina will start talks with potential coalition partners after the unexpected resignation of outgoing PM Krisjanis Karins.
Estonian media claimed companies managed by Kallas' husband are still operating in Russia.
Ruling New Unity party set to nominate new candidate to try to build new coalition.
New negotiations will be launched between Prime Minister Krisjanis Karin's centre-right New Unity alliance with the centrist Union of Greens and Farmers and the social democratic Progressives party.
Central and Eastern European economies have seen significant net migration outflows over the past few decades, but the trend has started to shift in the last five years as outflows have reduced considerably, Capital Economics reports.
With inflation passing its peak in most of the countries of Central and Eastern Europe, central bankers are switching gears from aggressively tightening rates to curb price rises to starting to cut rates to support growth.
PPF has significant assets in the media and telecoms sectors.
Poland announced it will immediately dispatch additional troops to the Belarusian border after two military helicopters violated the country’s airspace.
Climate ministry official says deforestation to build settlements or roads directly impedes the achievement of nature conservation and climate targets.
Convoys have already brought more than 2,000 Wagner mercenaries to Belarus after Russia mutiny.
Ukrainian President Volodymyr Zelenskiy said the results of the Nato summit are “good” but an invitation to the alliance “would be ideal”.
President Gitanas Nauseda has rejected criticism over what some say is a splurge of taxpayer money, saying: “Let's not beat our chests for deciding to paint our lips a little bit”.
Ukraine has proved in real time under real conditions that it is militarily ready for membership.
Ericsson aims to create a symbiotic relationship between its established R&D in Sweden and manufacturing, where product innovation extends into production and vice versa.
wiiw forecasts economic slowdown caused by a combination of declining real incomes, the recession in Germany and elevated energy prices.
Total fundraising declines 11% y/y to €1.62bn in 2022, according to Invest Europe report.