On June 1 we welcomed 35 participants to the webinar with the leading financial experts of Norway and Lithuania – Mr. Stig R. Myrseth, CEO of Dovre Forvaltning, and Mr. Zygimantas Mauricas, Chief Economist at Luminor bank in Lithaunia.

Some of the insights shared by presenters:

  • The corona virus is making global economy sick: we are facing the highest unemployment in 90 years
  • Though we will see political changes, possibly some as dramatic as the health crisis, but at least it looks not too bad economically – 2021 could even be a boom year 
  • Baltics have successfully managed to contain coronavirus spread and are among least affected countries by pandemics 
  • As regards domestic consumption, consumer confidence in Estonia and Lithuania is among the highest in the whole EU 
  • Compared to 2008-2009 crisis, faster economic recovery is expected which so far is following V-shaped rather than U-shaped path

To (re)watch the recording, please click here: https://youtu.be/GyBx5BLqDiI