Lithuania robotics and automation are ahead of the curve
Lithuania has experienced a renaissance during the pandemic in the robotics, automation, and AI sectors. Now planning to start developing RaaS.
Lithuania has experienced a renaissance during the pandemic in the robotics, automation, and AI sectors. Now planning to start developing RaaS.
The rapid growth in wages drives domestic inflation. While higher energy prices, reduced access to raw materials, and weaker demand hamper exports.
Lithuania is the EU’s largest fintech hub by licenses issued with an 80% increase in the income generated and 19% more employees last year.
Central banks are normally cited as the entities who fix the economy by disinflation, not those who broke the market by causing inflation.
e-Residency created an environment for entrepreneurs able to generate 1.8 billion euros in turnover and create 6,700+ jobs in Estonia.
While the global economic situation is deteriorating, the focus should be reversed on GDP growth and net exports, targeting core inflation.
Lithuania is one of Europe’s most digitized countries, easing economic crosscurrents through targeted stimulus, FDI, and global partnerships.
Saldo Bank offers fully automated lending solutions for consumers and SME customers plus term deposit accounts for consumer customers.
Life sciences make up 2.5 percent of Vilnius’ GDP creation, looking to figure hit 5 percent by 2030. The sector sees year-on-year growth of 22 percent.
While analysts predict disinflation, Poland faces increasing energy prices for households linked to higher indirect tax rates. And food prices continue to rise.