2023-01-07
Expectations are not enough with inflation out of control
Lithuania’s economy keeps growing (1.3% in 2023). But the stabilization is fragile, and the balance of risks is negative. The global outlook is worsening.
Category: Lithuania
2022-12-27
Lithuania boosts foreign direct investments and its tech environment
iTechArt Group and Sapiens are the latest addition to the strong Fintech presence in a country that is the perfect fit for a technological delivery centre.
2022-12-10
The Lithuanian way makes the difference in the innovative success
Individualism is the strongest cultural predictor of economic innovation. And Lithuania is a regional hub thanks to its progressive mindset.
2022-11-22
The Baltic Hub adds new investments to its collection
Lithuania is the home to a few of the EU’s largest neo-banks and crypto platforms with one of the highest densities of start-ups per capita.
2022-11-19
Lithuania: CAB deficit exposed, USA is the main investor
In 2021 the USA was the main investor in the country. Last September, the deficit on the current account balance slightly narrowed.
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.
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.