2022-11-08
Start-ups in the Baltics: the fastest-growing ecosystem in Europe
Latvia’s recognitions at the last Go Global Awards underline its own achievements through innovations and technological development.
Category: Lithuania
2022-10-18
Lithuania’s space industry: to the sky and beyond
More than 30 Lithuanian companies participate in space supply chains, one of the fastest growing with an annual growth of 6.7%. To the sky and beyond.
2022-10-08
Pre-2020 hope? Cut market distortions, cool down price fever
Lithuania’s growth forecast is revised down. Increased prices of food and energy slow down growth in trading partners, when it’s necessary to cut market distortions.
2022-09-06
Stainless Vilnius: an innovative and dynamic location for IT
The OTK Global Service Centre in Lithuania is responsible for nearly 40 functions, including cyber security, IT systems, and over €1.3B in procurement.
2022-09-03
No belief in air balloons heading down anytime soon
Despite a slight increase in interest rates, the amount granted by credit institutions to Lithuanian residents increased by €306.0 million.
2022-08-20
Lithuania: CAB’s exposed to primary-income, export, and investments flow
The growth in the deficit was due to the payment of dividends, while the increase in the foreign trade deficit resulted from a decline in exports.
2022-07-30
Lithuania: CAB deficit down, the balance of services grows
The deficit on the CAB shrank 4.5 times, thanks to a dramatic plunge in the foreign trade and the increasing surplus on the balance of services.
2022-07-02
FinTech Lithuania: €194.7 billion opportunities in EMI and PI
The amount of payment transactions of EMIs and PIs grew strongly in Q1 2022 and was double the level of a year ago. Revenues grew 3.5 times.
2022-06-11
Lithuania is resilient, but it’s time to fight inflation
Following a rapid recovery from the pandemic, the Lithuanian economy faces the economics of the conflict in Ukraine in a strong position.
2022-05-14
Lithuania set to strengthen capital markets and attract more FDI
In March the deficit in the CAB was up by 2.6 times due to an increase in the foreign trade deficit. The annual inflation growth rate stands at 15.6%.