Lithuania: interest on deposits is among the most competitive
The annual growth of loans and deposits stands at 4.5% and 5.5%, respectively. Households are offered the highest interest rates on deposits of over 2 years
The annual growth of loans and deposits stands at 4.5% and 5.5%, respectively. Households are offered the highest interest rates on deposits of over 2 years
Riga is paying great attention to clean energy projects which involve a high degree of investment, R&D and nature conservation in return.
Tallinn enhances Estonia’s security and promotes economic growth by supporting local defence industry companies with a new €50 mln equity fund
The Polish-Korean Business Forum took place to strengthen the already solid business relations with a focus on high-tech, clean energy, and electric vehicles.
Timid manufacturing alongside a recovery in demand indicates weak exports, while pro-social government policies pump wages at the expense of productivity.
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.
The IMF recommends that getting competitiveness back on the track of growth needs decisive fiscal consolidation and increasing productivity.
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%).
In Lithuania, healthcare professionals have become a rare commodity, whereas liberalization and privatization would allocate accountability more efficiently.
Latvia’s economy is projected to be sluggish: labour costs present risks to growth and competitiveness, while fuelling inflation.