Competitiveness shows its true color on loans and deposits
In Lithuania, interest rates on deposits with a maturity of 2y are the highest in the euro area. However, this doesn’t stop the loans growth.
In Lithuania, interest rates on deposits with a maturity of 2y are the highest in the euro area. However, this doesn’t stop the loans growth.
In the first semester of 2024, 28 investment projects have been implemented in Latvia, worth €263m to the economy and 1,245 new jobs.
Estonia has about twenty historic properties on the market: stately buildings are cheaper though subject to obligations and complications.
Vilnius’ strategy on defense led to 14 large-scale projects within the Green Corridor worth nearly 4,000 jobs and more than EUR 1.25B in investment.
Latvian government launches a school program to include traditional rye bread in the daily meals of pupils from kindergarten to the entire first cycle.
The construction of Estonia’s first pumped hydro storage plant will begin in 2025, with a capacity of 6GWh of power to the grid.
With government funding being increased alongside the decline in competitiveness, budget deficit and debt will only widen.
Invest Lithuania recently published the most comprehensive insight on business opportunities, from fintech to ICT and manufacturing.
80% of respondents have used biometric security measures, and almost all individuals between the age of 18 and 25 have experience with biometrics.
Krakow UJ has developed a system that exploits neural networks with AI answering within a minute and is looking for clinical use as soon as possible.