Lithuania

Lithuanian economists predict high inflation

February 28, 2025

People and businesses in Lithuania are going to have to put up with high inflation that will prevail until this year’s summer, economists have told BNS. The monthly price index [..]

Lithuania

Luminor upgrades Lithuania’s GDP growth forecast for 2024 to 2.4 pct

September 19, 2024

Luminor Bank has upgraded its forecast for Lithuania’s economic growth and now expects the country’s GDP to grow by 2.4 percent this year, up from its March projection of 2 [..]

Estonia

Swedbank: Wage growth in Estonia to slow significantly this year

August 27, 2024

Swedbank estimates that wage growth in Estonia will slow down significantly this year, as the demand for labor has decreased and the poorer economic situation of businesses does not allow [..]

Lithuania

Income growth in Lithuania expected to exceed inflation 3-4 times this year – minister

January 16, 2024

The growth of personal income in Lithuania is expected to exceed inflation three to four times this year, depending on the household type, Social Security and Labor Minister Monika Navickiene [..]

Latvia

2024 will be another year of resilience for the Baltics and euro area as a whole – Eurogroup president

January 12, 2024

2024 will be another year of resilience for the Baltic countries and the euro area as a whole, but with stronger economic growth and a further decline in inflation, Eurogroup [..]

Lithuania

Lithuania’s Commercial Banks solidarity levy in 2023 could be around 250 million euros – part of a money will be used for military mobility

November 24, 2023

Lithuania’s commercial banks will soon transfer the second installment of the new solidarity levy for the third quarter of this year, with the central Bank of Lithuania estimating it to [..]

Estonia

Economic forecasts anticipating 2 pct GDP decline for Estonia this year

September 29, 2023

Estonia’s major economic forecasts for this year predict a gross domestic product (GDP) decline of around 2 percent. According to the most recent economic forecast by the Bank of Estonia, [..]