Trust hangs on credibility, with growth stability at risk
A GDP contraction of –0.3% is predicted for this year in Lithuania, with +2.7% growth in 2024. Inflation to decrease more slowly than expected.
A GDP contraction of –0.3% is predicted for this year in Lithuania, with +2.7% growth in 2024. Inflation to decrease more slowly than expected.
Brussels wants to get tougher with Beijing over an economic and trading relationship: are anti-coercion instruments an option on the table?
Lithuania has experienced a renaissance during the pandemic in the robotics, automation, and AI sectors. Now planning to start developing RaaS.
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.
Lithuania is one of Europe’s most digitized countries, easing economic crosscurrents through targeted stimulus, FDI, and global partnerships.
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.
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.
Individualism is the strongest cultural predictor of economic innovation. And Lithuania is a regional hub thanks to its progressive mindset.