Lithuania is resilient and competitive, let’s not derail
Vilnius’ economy is predicted to slightly contract this year (-1.4%) before bouncing back (+2.9%) – as long as the focus is on innovation and productivity.
Vilnius’ economy is predicted to slightly contract this year (-1.4%) before bouncing back (+2.9%) – as long as the focus is on innovation and productivity.
Since Wagner mercenaries arrived Belarus, Latvia Lithuania and Poland prepare for increasing illegal border crossings and hybrid threats.
With support from Poland and European funding (1.6 bn), the Baltics will upgrade their infrastructure and disconnect from the BRELL system.
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
The Baltics have requested the NATO forces deployed be beefed up to 3,000-5,000 troops each, being the most vulnerable part of the organization.
Applications from Lithuania’s institutions receive €1 million in funding, and the space sector will grow to 1% of GDP by 2027.
Lithuania’s manufacturing generates 20% of the GDP and employs 13% of the labour pool. Automotive leads both in jobs created and expenditures.
Lithuania’s highly educated workforce, modern infrastructure, and favourable business environment generate massive start-up opportunities.
Banks should know their customers and innovate in ICT, while the state focus on prosecution without spreading unnecessary costs throughout the economy.
Tietoevry is combining global business design and software engineering services within the three Baltic countries, with a total market size of EUR 3.6 billion.