2024-04-27
Defense is a business worth 14% growth in specialists’ employment
Large-scale manufacturing projects in defense are part of national security, where tax incentives include a 0% corporate income tax for 20 years.
Category: Economic Policy
2024-04-23
Wealth thrives with efficient production and market salary
Timid manufacturing alongside a recovery in demand indicates weak exports, while pro-social government policies pump wages at the expense of productivity.
2024-04-20
Latvia launches new support for innovation and smart specialization
LIAA has opened a new support program up to EUR 200,000 for start-ups to attract highly qualified staff in R&D in areas of smart specialization or RIS3.
2024-04-16
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.
2024-04-13
Lithuania: services fly high and CAB boosts its value
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%).
2024-04-09
Is healthcare the new slaughter game on taxpayers’ skin?
In Lithuania, healthcare professionals have become a rare commodity, whereas liberalization and privatization would allocate accountability more efficiently.
2024-04-06
Without shields, it’s the cooler inflation that will prove temporary
In Poland, the MPC will stick to its cautious approach and refrain from monetary easing this year: CPI inflation will start climbing again.
2024-04-02
The invention Made in Latvia could ensure energy independence
From the University of Latvia comes the feasibility of generating electricity by converting geothermal or waste heat.
2024-03-30
Optimism lies only in the news, weak performance persists
Latvia’s economy is projected to be sluggish: labour costs present risks to growth and competitiveness, while fuelling inflation.
2024-03-26
Export and sound money would be the game changer
Additional problems arise when the state softens the recession, widening the budget deficit with additional money into the economy.