Economy

Electricity Prices in the Baltic States Higher Than in Finland
The Baltic states—Latvia, Estonia, and Lithuania—are grappling with an unprecedented surge in electricity prices after disconnecting from the BRELL power grid, which previously connected them to Russia and Belarus. This strategi

Germany’s Economy Contracts in 2024. Key Factors
Germany, the economic powerhouse of the European Union, faced a contraction in 2024, signaling growing challenges for the country’s financial stability. According to the Federal Statistical Office of Germany (Destatis), th

How Central Banks Tackle Inflation ? Key Strategies
Inflation poses a significant challenge to economic stability, prompting central banks to take decisive action to control rising prices. Their response typically involves a combination of interest rate adjustments, inflatio

Understanding Inflation . What Causes, Effects ?
Inflation is a fundamental economic phenomenon that influences purchasing power, business operations, and government policies. It occurs when the general price level of goods and services rises over time, reducing the valu
Inflation control remains a priority, with central banks adjusting interest rates to maintain economic stability. Supply chain resilience and trade agreements are shaping international commerce. Meanwhile, digital currencies and fintech innovations continue to disrupt traditional banking. As economies shift towards sustainability, green finance and ESG investments gain prominence. Understanding these trends will be crucial for investors and businesses navigating 2025.