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      ETRA BALTI AS

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      Introduction The world economy in 2022 is characterized by the positive impact of post-pandemic reopening in the first half of the year, which, however, cooled

      ETRA BALTI AS's activity report 2022

      Andmerobot
      Introduction The world economy in 2022 is characterized by the positive impact of post-pandemic reopening in the first half of the year, which, however, cooled down in the second half. Rapid price growth combined with rising interest rates led to a decline in global economic activity in the last months of the year. At the same time, economic activity weakened simultaneously in both the manufacturing and service sectors. Rapid inflation and high energy prices, along with tightened financing conditions and the Russian-Ukrainian war and geopolitical conflicts, are increasingly damaging the world
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