Thin air keeps blowing, as growth relies on public expenditures
Despite the deficit in May, a current account surplus of 0.8% of GDP is forecasted for 2024 thanks to the EU support and domestic demand.
Despite the deficit in May, a current account surplus of 0.8% of GDP is forecasted for 2024 thanks to the EU support and domestic demand.
Despite the consumer basket being 2.5% more expensive YoY, inflation expectations have fallen – only waiting for energy prices to climb for seasonal reasons.
Poland faces an increasing influx of refugees trying to reach EU countries via Belarus, hence the possibility of closing and guarding the 418 Km of border.
Moscow has unilaterally decided to change Russia’s maritime borders with Lithuania and Finland, and is pointed for the buoys disappeared along the Narva River.
Invest Lithuania recently published the most comprehensive insight on business opportunities, from fintech to ICT and manufacturing.
80% of respondents have used biometric security measures, and almost all individuals between the age of 18 and 25 have experience with biometrics.
Krakow UJ has developed a system that exploits neural networks with AI answering within a minute and is looking for clinical use as soon as possible.
Latvia invests tens of millions of euros to have an army of drones, stimulating national companies and R&D to develop smart production for war use.
This year Lithuania will grow by 2% and accelerate to more than 3% in 2025-26 driven by consumption and exports. However, risks arise from demographics and taxation.
The Estonian economy remained in recession in the first quarter, but Eesti Pank is more optimistic about the second half of the year as export rebounds.