
Lithuania-China row: affordable loss or trade gamble?
Vilnius defended its right to expand cooperation with Taiwan, with huge potential for cooperation in semiconductors, lasers, and fintech.
Vilnius defended its right to expand cooperation with Taiwan, with huge potential for cooperation in semiconductors, lasers, and fintech.
Polish construction output is forecast to level off in 2021, and to rebound by more than 7% in 2022. Profit margins will deteriorate and fail to increase further.
The Polish economy continues to grow, driven by two engines: industry and services. Next year, demand and wage pressure will be the key drivers of inflation.
Vilnius has achieved considerable results in energy supply from renewables, recycling and composting. However, emissions have increased by 50% since 2005.
The current account surplus of €168.5 million replaced the deficit recorded in July. The CAB surplus is the result of a surplus in the balance of services.
The offshore wind farm is a joint Estonia-Latvia project with a total capacity of 700-1000 MW, and will provide over 3 TWh of renewable energy per year.
New Generation Lithuania lays the foundations for high added value, digitalization, green course, better education, health and social services.
Lithuania’s fiscal response to the crisis has been timely and adequate: GDP contracted by only 0.8%, while real growth has reached 4.8% this year.
The Latvian central bank indicates an increase in GDP of 3.3% this year and 6.5% in 2022. Budget deficit and inflation forecasts are revised upwards.
Third largest economy in the EU, with the emission of more than 800 gm of carbon dioxide per euro of GDP, where coal dominates the energy sector, with a 77% share in electricity production.