No discipline no growth: why fiscal rigor is necessary
The IMF recommends that getting competitiveness back on the track of growth needs decisive fiscal consolidation and increasing productivity.
The IMF recommends that getting competitiveness back on the track of growth needs decisive fiscal consolidation and increasing productivity.
Last February recorded a rise in the surplus balance of services (+31.6% to €790.7 million) and a decline in primary income deficit (-50.6%).
In Lithuania, healthcare professionals have become a rare commodity, whereas liberalization and privatization would allocate accountability more efficiently.
In Poland, the MPC will stick to its cautious approach and refrain from monetary easing this year: CPI inflation will start climbing again.
From the University of Latvia comes the feasibility of generating electricity by converting geothermal or waste heat.
Latvia’s economy is projected to be sluggish: labour costs present risks to growth and competitiveness, while fuelling inflation.
Additional problems arise when the state softens the recession, widening the budget deficit with additional money into the economy.
The official opening of PAIH’s branch in Vilnius took place with a seminar for the fintech industry to discuss the local fintech strengths and challenges.
Lithuania’s optimism assumes a rapidly increasing household real income: will wages keep rising faster than prices with no consequences?
With the fall in exports (18.4%) and imports (12.4%) of services, the surplus balance of services decreased by 25.5%.