Lithuania: economic ties with Russia cut

As Lithuanian companies are severing ties with Russia, out of solidarity with Ukraine or for pragmatic considerations, the effects will be felt by some sectors more than by others. A slew of international brands have announced they are stopping business in Russia following Pootin’s invasion of Ukraine. Sweden’s Ikea and H&M, Apple, Denmark’s Maersk, Germany’s…

Estonia: consumer prices up in February 2022

In February, the consumer price index rose by 12% YoY, data from Statistics Estonia showed. Prices increased by 1.5% compared to January. Viktoria Trasanov, leading analyst at Statistics Estonia, said, compared to February 2021, the consumer price index was affected the most by housing-related price changes, which contributed over a third of the total rise…