Teneo-Europe-Report

BALTIC STATES: Covid-19 under control, but governments remain cautious

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●The three Baltic States have managed the Covid-19 crisis relatively well so far, but challenges in restarting their exportoriented economies lie ahead. ● Estonia and Latvia remain cautious in relaxing restrictions too early, while Lithuania started a gradual reopening of the economy on 15 April. ● Latvia is the most vulnerable Baltic state from a political standpoint, and at least some cabinet changes are likely once the Covid-19 pressures subside. Estonia Exit strategy: Although employers are pushing for lifting restrictions on business activities, Prime Minister Juri Ratas (Cent
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