
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.
Last November the surplus on the CAB decreased by 34.3%, where the trade balance suffers alongside exports (services -3.2%).
NATO is strengthening its presence on the eastern border with an additional German brigade of about 4,800 soldiers in Lithuania.
Reliable infrastructure and flexible IT talent make Lithuania fly: 61% of GBS and ICT centres expand existing functions over 2023.
Thanks to the combination of fiscal and monetary intervention, the structural problems on the supply side will only be exacerbated by monetary tightening.
Vilnius’ economy is predicted to slightly contract this year (-1.4%) before bouncing back (+2.9%) – as long as the focus is on innovation and productivity.
Since Wagner mercenaries arrived Belarus, Latvia Lithuania and Poland prepare for increasing illegal border crossings and hybrid threats.
With support from Poland and European funding (1.6 bn), the Baltics will upgrade their infrastructure and disconnect from the BRELL system.
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
The Baltics have requested the NATO forces deployed be beefed up to 3,000-5,000 troops each, being the most vulnerable part of the organization.