2024-04-27
Defense is a business worth 14% growth in specialists’ employment
Large-scale manufacturing projects in defense are part of national security, where tax incentives include a 0% corporate income tax for 20 years.
Category: Lithuania
2024-04-13
Lithuania: services fly high and CAB boosts its value
Last February recorded a rise in the surplus balance of services (+31.6% to €790.7 million) and a decline in primary income deficit (-50.6%).
2024-04-09
Is healthcare the new slaughter game on taxpayers’ skin?
In Lithuania, healthcare professionals have become a rare commodity, whereas liberalization and privatization would allocate accountability more efficiently.
2024-03-19
The game is not over: growth and export are key
Lithuania’s optimism assumes a rapidly increasing household real income: will wages keep rising faster than prices with no consequences?
2024-03-16
Lithuania’s account goes down: a long way to go
With the fall in exports (18.4%) and imports (12.4%) of services, the surplus balance of services decreased by 25.5%.
2024-03-05
Capital and growth shine where efficiency rules
Progress in FDI attraction comes even within the public sector, where Wroclaw, Vilnius, Tallinn set a benchmark for business-friendliness.
2024-03-02
The digital way breaks the burdens and boosts efficiency
Lithuania is optimizing the digital process to facilitate data collection, storage, analysis, aggregation, and reporting to the financial actors.
2024-02-17
Lithuania’s account rises, but there’s still way to go
In December, the surplus on the CAB increased thanks to a drop in the foreign trade deficit and a rise in the surplus balance of services.
2024-02-06
Credit and deposits: loans are cheaper than in the EU
The Bank of Lithuania published a comparison of interest rates on loans of Lithuanian and euro area credit institutions and term deposits.
2024-01-27
Fintech is worth the largest tech campus in the Baltic
With over 7,000 specialists and more than 260 companies, Lithuania represents Europe’s largest Fintech hub, now aiming at 35 million clients.