Rūta Ežerskienė, the CEO of Citadele Bank, emphasizes the need for Baltic exporters and investors to prepare as the euro area economy shows signs of recovery from recent stagnation and recession. After years of economic challenges, she notes that there is finally a light at the end of the tunnel, particularly with a positive impact expected from Scandinavia reaching the Baltic region. This suggests a significant shift in economic dynamics which could benefit the region's investors and exporters.

Ežerskienė points to forecasts indicating a gradual economic upturn in the euro area over the next three to six months, with expectations that the current economic cycle might peak in April 2024. This recovery is anticipated to be the strongest seen since October 2023, suggesting that the euro area economy is on the verge of sustained growth. Such developments are critical not only for the eurozone but especially for the Baltic states, which have been closely tied to these economic trends.

However, Ežerskienė warns that the details surrounding this recovery will be crucial, as the pace of growth and the phase of the economic cycle will vary across different regions. This variability indicates that while some sectors might flourish, others may still face challenges, necessitating vigilance and readiness among local businesses. The message is clear: the window for opportunity is opening, and stakeholders in the Baltic region must be prepared to take action.