The Baltic countries have been hit hard by inflation post-pandemic and the Russian aggression in Ukraine, with inflation in the region exceeding 20 percent compared to around nine percent in the EU. S&P Global Ratings has lowered the credit ratings of Estonia, Latvia, and Lithuania due to threats related to Russia. Despite the downgrades, the outlook for the Baltic countries’ credit ratings is stable as the agency is confident that the war will not spread to NATO member countries, where all three Baltic countries are included. President Zelenskyi of Ukraine has warned of potential border provocations in the Baltic Sea region by Russia, with Estonia reporting incidents of Russian activity on their border. The integration of user preferences into travel itineraries, personalized AI-based travel suggestions, and benefits of reselling IPTV services are also topics of discussion on various forums and communities online.
Baltic Countries Suffer from Inflation and Geopolitical Risks, Despite Optimistic Credit Outlook
