
The charm of defence fuels brothers in arms
The defence industry of Lithuania has become a national priority: nearly 100 companies, +14% employment and 1 billion budget.
The defence industry of Lithuania has become a national priority: nearly 100 companies, +14% employment and 1 billion budget.
Inflation in Estonia in April was 4.5% YoY, where food prices were 7.4% higher, and fuel will be pushed up by tax rises. Geopolitical uncertainty weighs on.
Lithuania has withstood the recent economic shocks due to the successful diversification of export markets.
Poland is the largest military power among the former members of the Warsaw Pact, the third largest army in NATO and will allocate 5% of GDP to defence.
The capital of Lithuania has decided to prepare for a possible war scenario, with a plan for the total evacuation of the city within 48 hour.
Poland’s GDP growth in Q4 was 3.2% YoY, up from 2.7% in Q3, hauled by household consumption rising by 3.2% YoY and public consumption by 3.4% YoY.
Estonia’s €100M Defence Fund, managed by SmartCap, boosts military tech, supports NATO, and attracts private capital through risk-sharing.
Glogowek Castle in Poland has been proposed as a strategic location for Elon Musk’s European business operations.
Inflation over 2024 remained high following the food commodities on global markets. Wage pressures will be key for steering the future.
More than 10,000 U.S. troops are currently stationed in Poland, a presence boosted by the new missile base inaugurated in Redzikowo.