Optimism lies in a solid business environment
Investment has remained stable and expectations of decline have lessened, it is now essential to reduce the debt burden of the public sector.
Investment has remained stable and expectations of decline have lessened, it is now essential to reduce the debt burden of the public sector.
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.