Are Labour Shortages Driving Economic Growth?

The global economic environment continues to be challenging. The ‘wounds’ inflicted by the global financial crisis of 2008 have not yet healed completely and world economic growth remains rather subdued. This particularly applies to the advanced countries and especially to the Euro Zone, which is the most important trading partner for the Eastern European countries.  Continue reading Are Labour Shortages Driving Economic Growth?

TransferWise — Making the World a Better Place

For TransferWise, founded by Estonians Kristo Käärmann and Taavet Hinrikus, 2015 was a busy year. And a very successful one. First, the company raised $58 million in an investment round led by Andreessen Horowitz, the best known venture capital company in the Silicon Valley, which increased the company’s value to $1 billion. At the end of 2015, Ernst&Young named the founders the UK Entrepreneurs of the Year.

Kristo Käärmann, Executive Founder of TransferWise, discusses what lies behind the meteoric rise of TransferWise, the company’s future plans and what can happen in the entire finance sector in the next five years. Continue reading TransferWise — Making the World a Better Place

World Bank’s Doing Business Report 2016 Resume For Emerging Europe

Almost every single economy in emerging Europe implemented at least one reform in the last year to improve their business environment. In consequence, as many as 16 economies in the region are featured in the Top 50 of the World Bank’s Doing Business 2016 report. Emerging Europe speaks to Rita Ramalho, Manager of the World Bank–IFC Doing Business, who has compiled a resume about the emerging Europe region especially for us, about how the reforms introduced have helped make doing business easier across the region. Continue reading World Bank’s Doing Business Report 2016 Resume For Emerging Europe

Estonia — Easy Doing Business Destination seminar in the UK

Join us at the seminar and you will:

√ see what makes Estonia so attractive for UK companies from the electronics sector
√ meet professionals from the Estonian Electronics Industry Association
√ hear about the experience of British companies who are already present in the country
√ interact with professionals, investors and the Estonian Investment Agency
√ network with industry peers

Continue reading Estonia — Easy Doing Business Destination seminar in the UK

Estonia leads the Opportunity Index in Emerging Europe

Estonia and the two other Baltic states —Latvia and Lithuania— are Emerging Europe’s winners of the Milken Institute’s Global Opportunity Index — Attracting Foreign Investment across four broad categories: economic fundamentals, ease of doing business, quality of regulation, and rule of law. Estonia ranked 12th and was followed by Latvia (29th) and Lithuania (37th). The leader got its highest note for the quality of regulations, Latvia and Lithuania — for the ease of doing business.

Continue reading Estonia leads the Opportunity Index in Emerging Europe

Chambers choose Poland, the Czech Republic, Estonia and Slovakia

Poland, the Czech Republic, Estonia and Slovakia are Central and Eastern Europe’s most attractive foreign investment destinations, says the latest survey published by the Polish-German Chamber of Industry and Commerce Business (AHK Poland) and carried out along with nine other bilateral chambers of commerce (Belgian, British, French, Spanish, Irish, Canadian, Portuguese, Swiss and Italian). Continue reading Chambers choose Poland, the Czech Republic, Estonia and Slovakia