
The charm of defence fuels brothers in arms
The defence industry of Lithuania has become a national priority: nearly 100 companies, +14% employment and 1 billion budget.
The defence industry of Lithuania has become a national priority: nearly 100 companies, +14% employment and 1 billion budget.
Inflation in Estonia in April was 4.5% YoY, where food prices were 7.4% higher, and fuel will be pushed up by tax rises. Geopolitical uncertainty weighs on.
In Q1 2025, Poland supported investment, mainly in the BSS-IT, for a value of EUR 670 million. And the vast majority was Polish capital.
Lithuania has withstood the recent economic shocks due to the successful diversification of export markets.
Latvia owns 97.97% of airBaltic shares, and a sale could raise €300 million. The company is looking to list in Riga and London.
Frankenbur’s goal is to develop drone technology ten times cheaper than what’s available on the market and supply to national forces.
In Estonia, inflation for food and services is pushed higher by taxes, while production has become more expensive at the expense of competitiveness.
Poland is the largest military power among the former members of the Warsaw Pact, the third largest army in NATO and will allocate 5% of GDP to defence.
The capital of Lithuania has decided to prepare for a possible war scenario, with a plan for the total evacuation of the city within 48 hour.
Poland recorded a current account deficit of €168 million with the difference in import and export dynamics widening further.