
Lithuania among the stars: new technology centre and ESA funding
Applications from Lithuania’s institutions receive €1 million in funding, and the space sector will grow to 1% of GDP by 2027.
Applications from Lithuania’s institutions receive €1 million in funding, and the space sector will grow to 1% of GDP by 2027.
Pressure on current expenditures in social, healthcare, and defence will only mount over time. Business expectations are indeed pessimistic.
The tight labour market increases the risk that inflation will remain higher and growth lower, and the rising borrowing costs will weigh on investment outlooks.
Despite Poland’s core inflation picture being the least favourable in the region, the government released a plan to increase permanent spending.
Riga rebranded its national strategy aiming to increase the amount of attracted investments to 2.45 billion euro over the next three years.
Ukraine urges the EU to lift export restrictions on its agricultural products, whereas CEE countries claim local markets’ distortion.
Lithuania’s highly educated workforce, modern infrastructure, and favourable business environment generate massive start-up opportunities.
In Estonia, the price of electricity in April was 29% higher than the previous month. While GDP is expected to decline by 1.2% this year.
Banks should know their customers and innovate in ICT, while the state focus on prosecution without spreading unnecessary costs throughout the economy.
Tietoevry is combining global business design and software engineering services within the three Baltic countries, with a total market size of EUR 3.6 billion.