Export and Lithuania: trade deficit narrowed in August
The current account surplus of €168.5 million replaced the deficit recorded in July. The CAB surplus is the result of a surplus in the balance of services.
The current account surplus of €168.5 million replaced the deficit recorded in July. The CAB surplus is the result of a surplus in the balance of services.
New Generation Lithuania lays the foundations for high added value, digitalization, green course, better education, health and social services.
Lithuania’s fiscal response to the crisis has been timely and adequate: GDP contracted by only 0.8%, while real growth has reached 4.8% this year.
According to the government in Vilnius, Belarus is “arming” illegal immigration from Iraq and Syria to be sent across the border to Lithuania.
Bioenergy is playing a key role in Vilnius’ energy supply: about 75% of the heat is produced by burning woody biomass collected on the national territory.
While the restrictions were similar to EU partners, the economic damage was much less: great opportunities from infrastructure, logistics and high-tech.
There are no adequate financial instruments in Lithuania or they are not flexible enough: Vilnius must seek finance sustainable areas more quickly.
Private consumption will remain strong thanks to rising incomes, pension indexation, higher minimum wages and a vibrant labour market.
A little bit of history: shock therapy impact and perspective.
Introduction. Reason, attraction & goal: what to look for, and why?