Baltic States
CEE dealmaking back at pre-COVID levels in H1, says Mergermarket
The first half was particularly strong in the mid-market and smaller-ticket segment.
bneGREEN: CEE surfs the green bond wave
Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.
Consumer prices up 2.7% in June 2021 y/y in Latvia
In June 2021, the average level of consumer prices in Latvia increased by 2.7% y/y, the Central Statistical Bureau said on July 8.
Estonia’s industrial production volumes up 16% on year in May 2021
Industrial production volumes increased by 15.9% in May 2021, y/y. Production increased by 7% in energy and 18% in manufacturing, but decreased by 13% in mining.
Estonia’s Wise valued at €9.3bn on London Stock Exchange debut
Fintech formerly known as Transferwise has won customers during pandemic lockdowns as people sought alternative ways of transferring cash.
Latvia’s industrial output rose 10.1% in May 2021 y/y
Latvia’s industrial production output rose by 10.1% y/y in May, according to calendar adjusted data at constant prices, the country’s Central Statistical Bureau (CSB) announced on July 5.
CEE regional sentiment up again in June but analysts warn of price pressures
Capital Economics analysts point to evidence of growing price pressures in eastern EU members.
Under half of emerging Europe economies to achieve full recovery in 2021
EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.
Estonian road and car park marking robot developer 10Lines raises funds
10lines targets a multi-billion dollar market largely untouched by innovation.
Romania in line with the Baltic states as fastest converging EU members
Romania’s GDP per capita increased to 72% of the European Union’s average last year, after rising by 20 percentage points over the past decade.
Southeast Europeans most likely in EU to believe corruption is getting worse
Transparency International survey shows citizens of Slovenia and Bulgaria were most likely to think their government was run by a few big interests looking out for themselves.
Lukashenko pushing illegal Iraqi refugees over the border into Lithuania
Belarus' President Alexander Lukashenko is transporting Iraqi immigrants to Minsk and helping them illegally cross the border into Lithuania, as he makes good on a threat to “flood the EU with drugs and refugees.”
COMMENT: Time to end Putin's impunity
The price faced by Russia for aggression must be too high for the Kremlin to countenance, and this is the message that Biden should deliver to Putin – and act upon.
COMMENT: CEE national recovery and resilience plans – the focus, the gaps and what comes next
Most CEE governments submitted their national plans after the deadline and two (Bulgaria and Estonia) are yet to finalise them.
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Latvian annual inflation leapt to 2.6% in May
Inflation expected to rise further as price pressures mount.
Lithuania's central bank revokes Finolita Unio's license
Fintech punished for channelling around €100mn from Wirecard weeks before it collapsed.
bneGREEN: European Commission provides €1bn funding boost for 72 Green Deal research projects
The European Commission has selected 72 research and innovation projects that will receive €1bn in funding to support the aims of the Green Deal.
Online fashion retailer Zalando launches platforms in Slovenia, Slovakia and Lithuania
Berlin-based retailer starts CEE expansion drive with plans to enter eight new markets by end-2022.
Lithuania wins from Belarus plane bans, Latvia loses
You win some. You lose some. That’s how it has been for the leading Baltic airlines after Europe banned overflights of Belarusian airspace and blocked the country’s national carrier Belavia from using many EU landing rights.
Lithuania's sole tech unicorn Vinted expands to Canada
Thomas Plantenga says Canada is a "great fit" for the second-hand clothing platform as interest in the circular economy grows.
