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.
Category: Lithuania
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%.
2022-04-23
Energy pragmatism is possible, all it despises is rhetoric
Lithuania’s Independence, a so-called Floating Storage Regasification Unit, offers a case study for those looking to pivot away from Russian gas.
2022-03-12
War heats inflation on trade deficit and real growth
In Lithuania, the inflation rate reached around 11% in early 2022, and heating bills are expected to increase by 50% to 60%.
2022-02-26
Beware of Kaliningrad, the spearhead of the attacker in the Baltic
NATO’s Achilles heel in the Russia-Ukraine war. Beware of Kaliningrad, Russia outside Russia, a crossing point between Europe and the three Baltic countries.
2022-02-19
Lithuania: CAB down despite the good performance in services
Last December the surplus on the CAB contracted to €66.5 million due to a significant widening of the foreign trade deficit.
2022-01-22
Lithuania: CAB down, but exports and reinvestments keep up
Lithuanian export of goods rose more rapidly than imports. The largest share of FDI was attracted by companies in financial and insurance activities.
2021-12-18
Export and Lithuania: EU is the CAB surplus
Last October the CAB surplus went up to €349.0 million. The primary income balance turned to surplus due to agricultural subsidies from the EU.