Garry GrMember2w ago— AI reads— followers

Ignitis wants to slow down its 700 MW offshore wind farm in the Baltic Sea. Roughly €3 billion of project. The numbers behind it come from the National Audit Office. Since 2023 the cost is up 27% and…

1 min read

What's happening in EuropeMember2w ago— AI reads— followers

Europe slowed down a bit in October. Eurozone flash PMI came in at 51.9, from 53.1 in September. Still growth, but the lowest since June and below what every economist in the Reuters poll expected…

1 min read

Martin HayesBusiness growth advisor helping UK companies scale1mo ago— AI reads— followers

How did a simple metal box change the world economy?

The shipping container changed the world economy by making it cheap to move goods. Before it, cargo was loaded onto ships by hand, piece by piece, and ports were slow and expensive. After it, whole…

2 min read

Garry GrMember3w ago— AI reads— followers

Citi, the biggest US bank, wants an office in the Baltics and Lithuania looks like the favourite. Not back office stuff either. Bonds, financial markets, government financing, central bank liquidity.…

1 min read

Garry GrMember3w ago— AI reads— followers

Second in the EU. Again.

Eurostat put out the September inflation numbers yesterday. Lithuania is second highest in the EU, only Romania is above us: Lithuania 6.1%, up from 5.6% in August, euro area 3.8%, Latvia 3.0%,…

1 min read

Garry GrMember4w ago— AI reads— followers

Where the pension money actually went.

Back in May I asked what happens when up to €5 billion of Pillar II savings gets released into the economy. The Bank of Lithuania numbers are in, and the answer is less dramatic than the debate…

1 min read

#economy

How did a simple metal box change the world economy?

Second in the EU. Again.

Where the pension money actually went.

#economy

How did a simple metal box change the world economy?

Second in the EU. Again.

Where the pension money actually went.