The housing affordability index (HAI) strengthened in Riga and Vilnius, but weakened in Tallinn although from a high level
Growth rebounded on domestic demand in 3Q
The global economy developed more strongly than expected at the start of the year. Quantitative easing by central banks, including stimuli via the European Central Bank's fixed-rate loans, gave rise to greater confidence and a stronger performance by both the financial markets and the real economy.
Moderate consumer price growth to continue
Exports lead the growth, concerns about slowing investment activity
Falling fuel prices slow price growth in November
November was a mixed month for equities. A number of weak quarterly reports and concerns about the so-called fiscal cliff has affected the US negatively. Europe has done better, thanks to a continued easing of the debt crisis. In Asia, China's stockmarket lost further ground, while the Japanese stockmarket has risen.
Services PMI drops to 46.4 in November – sharpening downward trend in service economy
Swedbank Debt Capital Markets (DCM), part of Large Corporates & Institutions (LC&I), has recently increased its focus on EUR new issues by establishing a EUR syndicate function headed by Per-Åke Nyberg. This year, Swedbank has acted as Lead Manager for a number of EUR issues such as Volvo, BNP Paribas Autonoria and Stockmann.
PMI inches up to 43.2 in November – continued contraction of the industrial economy
Why does the Latvian economy keep expanding so fast?
Swedbank will restructure its Swedish operations as of January 1st 2013 in order to offer better customer experience, sharpen focus on developing digital banking services, and clarify branch offices´ role and responsibilities.
Wages continue to grow at moderate speed
Swedbank is Sweden’s best company in terms of corporate governance reporting. PwC arranged the Best Corporate Governance Reporting competition for the eighth time in order to highlight good examples of applying the Swedish Code of Corporate Governance.
Real net wages continued contracting in the third quarter
China is in the process of appointing members to the presidium and the pressure is great, especially in the longer term, for China's new politicians to implement growth-enhancing reforms. Everything possible will be done to maintain China's growth at relatively high levels.
The outside world makes itself heard – rapid slowdown in the Swedish economy
Thursday, November 22, is the nationwide Job Shadow Day in Estonia involving the Job Shadow Day Crown. This year, the Job Shadow Day Crown involves the shadowing of 29 top players, including Andrus Ansip (Prime Minister), Priit Perens (Chairman of the Board of Swedbank Estonia) and Robert Kitt (Member of the Board of Swedbank Estonia).
China’s strained economy – the new political leaders should focus on reforms rather than stimulus
On Thursday 15 November - with the 18th Party Congress in Beijing having ended the day before – it was announced whom the party had chosen as members of the new Politburo Standing Committee i.e. the real political power in China.