Uudiste arhiiv


Swedbank: Increasing Estonian exports’ market share in Finland will be more challenging


Estonia’s exports to Finland are the most diversified among the largest trade partners Exported goods from Estonia have gained market share on the Finnish market Estonia is losing its price competitiveness against Finland Finland is Estonia’s largest export partner. Among

EstateGuru entered the Spanish market


As the economies of the European Union’s countries are on a rising trend, one cannot underestimate the growth of the Spanish market. According to CBRE, the Spanish economy has an expected growth of 2.5% compared to the European average 1.6%.

Economic overview of SEB in the Nordic countries: strong and broad-based economic growth

SEB Pank

The rapid and broad-based strengthening of the world economy that occurred in 2017 has exceeded expectations. High employment rates and increasing wealth sparks optimism in people, which is apparent in the increased spending of households. Improved demand has increased the

Swedbank: Heart-warming growth is a poor excuse to postpone reforms


Growth at its cyclical peak Productivity is the key to income convergence in the Baltics Sustainable development – where do we stand? Universal basic income – utopia or an urgent necessity? Growth at its cyclical peak The upswing in global

Swedbank: Robust GDP growth continued in 3Q2017 as expected


In 3Q2017 Estonian GDP expanded 4.2% yoy and 0.3% qoq (swad) in real terms. In nominal terms, GDP increased by 8.9% yoy. During the first three quarters, GDP has increased by 4.8% yoy in real terms. The major contribution to

Swedbank: Wage growth remained rapid in Q3


Wage growth remains relatively high as labour demand increases more than supply. Swedbank expects the average gross wage to grow by around 5% and the real net wage by close to 9% in 2018. The growth of the average gross

Swedbank Economic Outlook Update – November 2017


Swedbank Economic Outlook presents the latest economic forecasts for Sweden, the Nordic and Baltic countries and the major global economies. In this update, current issues that have a bearing on economic developments are analysed. Global – Strong growth momentum The

Eesti Pank: The current account surplus in August was smaller than it was a year ago

Eesti Pank

The flash estimate1 put the Estonian current account at 63 million euros in surplus in August 2017. The surplus on the goods and services account was 116 million euros, which was 38 million euros less than a year earlier. Exports

Nordic Outlook: favourable trends in the global economy foster faster growth for Estonia

SEB Pank

The economic trends have been favourable lately. In the first half of the year, Estonia’s economic growth reached figures we last saw in 2012, when we were recovering from the deep economic crisis. Estonia’s economy is very much dependent on

Swedbank: Tight labour market lifts wages


Wage growth will remain relatively high as labour demand increases more than supply. Nevertheless, the gap between wage and productivity growth rates will narrow this year. The growth of the average gross wage accelerated in the second quarter (+6.8%, over

Swedbank Economic Outlook August 2017


Economic prospects are bright in advanced economies: the euro area is grow-ing rapidly while the US economy shows signs of maturing. Emerging markets have good conditions for a continued recovery. Political risks in Europe have subsided, but populism, geopolitics, and

Watch out for the growth in job vacancies


Job vacancy rate just above average, but annual growth amongst highest in the euro area Unemployment and vacancy rate curve suggests no crisis yet… …but job vacancy rates likely to increase further Annual growth of vacancy rate second highest in

Swedbank: Slower growth of wages reduces macroeconomic risks


The growth of average monthly gross wages slowed to 5.7% in the first quarter. We expect gross wages to grow by around 6% this year. The growth of the average gross monthly wage decelerated from 7.6% in 2016 to 5.7%,

Swedbank: Foreign direct investment – better, but there is capacity for more


Estonia is still among largest net beneficiaries from FDI in the EU Increased inflow of FDI may boost fixed capital formation in the near future FDI by country becomes more and more diversified Can FDI boost enterprises’ investments into fixed

Housing Loan Market Growth Is Supported By Property Values And New Borrowers

Tallinn Property

The number of transactions at the Tallinn apartment market is high and on an upward trend; also, the transaction prices are rising. The vast number of transactions and other positive trends of property market are to a large extent backed

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