
Fintech is worth the largest tech campus in the Baltic
With over 7,000 specialists and more than 260 companies, Lithuania represents Europe’s largest Fintech hub, now aiming at 35 million clients.
With over 7,000 specialists and more than 260 companies, Lithuania represents Europe’s largest Fintech hub, now aiming at 35 million clients.
In a rush to buy weapons to modernize its armed forces, the Polish army is now exercising to incorporate 366 US Abrams tanks.
In a deteriorating context, NBP faces the pro-inflationary impact of fiscal easing, regulatory decisions, and the uncertain economic outlook.
Last November the downward trend in export goods continued (-8.3% to 12 months prior). The value of goods imports decreased by 13.8%.
Last November the surplus on the CAB decreased by 34.3%, where the trade balance suffers alongside exports (services -3.2%).
Market expectations of rapid disinflation remain, but underlying risks come from commodity costs, monetary supply, and trade protectionism.
Setting a more realistic date for coal exit will allow the selection of units that will stay on line to keep system supplied while attracting green investments.
Estonia is holding strong with €75M attracted FDI with energy & climate the hottest categories. Now the plan is to reach 500 DeepTech startups by 2030.
Estonia’s FinTech success (+42% income) is attributed to local digital infrastructure, people capital, and the world’s best tax system.
Multi-million projects for the construction of new industrial parks in Jelgava, Ventspils, Liepaja, and Daugavpils received the green light.