Debating the ongoing investment merits of Estonia: A joint event on our platform
Rewritten Article:
Hey there! Let's dive into some financial scoop on Estonia, shall we? The Business Club for Francophones in Estonia (CAdFE) and our swanky website are putting together a bash, titled "Is Estonia still worth investing in?", on 14th March 2024. This shindig's all about cracking open Estonia's economic future!
The theme, "Is Estonia still worth investing in?", sounds like a tough nut to crack, right? Well, with the recent economic rollercoaster, featuring a significant recession in 2023 and a projected GDP contraction of -2.6%, it's a valid question! The aim of the event is to analyze Estonia's economic roadmap for 2024, identify the sectors poised for recovery, and pinpoint the strengths that'll bolster its resilience amidst financial headwinds.
This get-together's more than just a chat—it's a knowledge-sharing haven for pros from various industries. Networking's on the cards too, so yeah, you might score some sweet new opportunities!
The lineup of speakers is a powerhouse! We've got Thomas Padovani, the brainchild of AdCash, joining us, plus Piret Mürk-Dubout, a board member at Tallink. Andres Sutt, a former Estonian Parliament member and ex-entrepreneurship and IT minster, will be there too, and Helery Pops, an investor at Practica Capital. Silver Tambur, our co-founder, will be moderating the event.
The event's set to happen at the Mövenpick Hotel in the heart of Tallinn on 14th March, from 6:00 PM to 9:00 PM, and it'll be held in English. So, if you wanna partake, remember, RSVP is mandatory!
Now, about Estonia's economic situation: 2024's outlook paints a picture of resilience and growth opportunities. Here's a snapshot:
- Economic Recession: Estonia kicked off 2024 battling an economic recession, with a GDP drop of 2.4% year-on-year in Q1. This was followed by a quarter-on-quarter contraction of 0.5% post-adjustments.
- Inflation: Inflation was a hot topic at the start of 2024, but it started to cool off as the year progressed. By the end of 2024, annual inflation was clocked at 3.5%, largely due to increased consumption taxes.
- Resilience Factors: Despite the challenges, Estonia's digital infrastructure, focus on innovation, and business environment improvements could provide the resilience it needs.
Estonia's potential growth opportunities include tech sectors like software development and cybersecurity, export recovery, and a better investment climate. As for future investment prospects, well, 2025's looking up, but experts are playing it safe due to global economic uncertainties. Government initiatives to boost the business environment and consumer conditions could be game-changers for sustainable growth!
So, there you have it—the lowdown on the conference addressing the big question: "Is Estonia still worth investing in?" It's bound to be an enlightening discussion, covering both current challenges and potential growth and investment opportunities!
- The Business Club for Francophones in Estonia (CAdFE) is organizing an event titled "Is Estonia still worth investing in?" in Tallinn, Estonia on March 14, 2024.
- This event, scheduled to take place at the Moovenpick Hotel in Tallinn from 6:00 PM to 9:00 PM, seeks to analyze Estonia's economic roadmap for 2024 and identify sectors poised for recovery.
- Speakers at the event will include Thomas Padovani of AdCash, Piret Muürk-Dubout of Tallink, Andres Sutt (a former Estonian Parliament member and ex-entrepreneurship and IT minister), Helery Pops of Practica Capital, and Silver Tambur (co-founder of the Business Club for Francophones in Estonia).
- Estonia's economic outlook for 2024 indicates a picture of resilience and growth opportunities, despite the economic recession experienced earlier in the year.
- The event is a knowledge-sharing platform for professionals from various industries, offering opportunities for networking as well.
- To attend the event, RSVP is mandatory, and it will be conducted in English. The event's hashtag on LinkedIn is #EstoniaInvest2024.
