
The New Lithuanian Generation ignites a high-added-value future
New Generation Lithuania lays the foundations for high added value, digitalization, green course, better education, health and social services.
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.
Already in 2012, Estonia’s 1.3 million residents could use electronic ID cards to vote, pay taxes and access more than 160 online services.
The 500+ policy seems to have had the political effects desired by the government, rather than solving economic and demographic issues.
In the country, which became the fifth European economy with an average GDP of 4% in 2009-19, per capita income grew at a rate of 5.3%.
In front of a declining population due to ageing and emigration, digital innovation becomes crucial to increasing productivity and living standards.
Bioenergy is playing a key role in Vilnius’ energy supply: about 75% of the heat is produced by burning woody biomass collected on the national territory.
The increase in tax burdens would fail to cover the promised reduction in the tax burden, causing more uncertainty and reduced investment.