
Pumped-up wages only eat into competitiveness and money value
The rapid growth in wages drives domestic inflation. While higher energy prices, reduced access to raw materials, and weaker demand hamper exports.
The rapid growth in wages drives domestic inflation. While higher energy prices, reduced access to raw materials, and weaker demand hamper exports.
Lithuania is the EU’s largest fintech hub by licenses issued with an 80% increase in the income generated and 19% more employees last year.
e-Residency created an environment for entrepreneurs able to generate 1.8 billion euros in turnover and create 6,700+ jobs in Estonia.
Saldo Bank offers fully automated lending solutions for consumers and SME customers plus term deposit accounts for consumer customers.
Life sciences make up 2.5 percent of Vilnius’ GDP creation, looking to figure hit 5 percent by 2030. The sector sees year-on-year growth of 22 percent.
In Estonia, consumers have not been able to keep pace with inflation in recent months, and retail sales volumes have started to fall.
For those who are trying to understand how much money is reasonable to invest in the current conditions, Latvia offers a tailor-made agenda.
Lithuania’s economy keeps growing (1.3% in 2023). But the stabilization is fragile, and the balance of risks is negative. The global outlook is worsening.
iTechArt Group and Sapiens are the latest addition to the strong Fintech presence in a country that is the perfect fit for a technological delivery centre.
Famous for its strict fiscal policy and low debt levels, Estonia is a worldwide proven leader in effective taxation where simplicity is prioritized.