Investment attraction is crucial to bounce back economic growth
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
Applications from Lithuania’s institutions receive €1 million in funding, and the space sector will grow to 1% of GDP by 2027.
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.
In an attempt to avoid an outright ban on sales of polluting vehicles, Warsaw will continue mining coal, which generates 70% of its power, until 2049.
Lithuania’s manufacturing generates 20% of the GDP and employs 13% of the labour pool. Automotive leads both in jobs created and expenditures.
Riga rebranded its national strategy aiming to increase the amount of attracted investments to 2.45 billion euro over the next three years.
Lithuania’s highly educated workforce, modern infrastructure, and favourable business environment generate massive start-up opportunities.
mRiik is the digital identity app that will allow you to have all the necessary documents (passport, ID card, driver’s license) in users’ phones.
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.
Elevated inflation reduces purchasing power and increases the risk of low investment and deteriorating competitiveness.