Estonia: trade up in 2021

In 2021, Estonia’s exports of goods increased by 28% and imports by 32% compared to 2020, data from Statistics Estonia showed. In December 2021, exports grew by 24% and imports by 27% YoY. In 2021, Estonia’s exports of goods amounted to EUR 18 billion and imports to nearly EUR 20 billion at current prices. The…

Lithuania: finance minister slams president’s proposal for dealing with inflation

Monetary payments to hard-pressed households, proposed by President Gitanas Nauseda in response to rising prices, may exacerbate inflation even further, according to Finance Minister Gintare Skaiste. “Such helicopter money could, in principle, make the inflationary mill spin even faster,” she said on February 8. “One should be very cautious about such measures, and I’d say…