{"id":79,"date":"2023-03-05T16:21:14","date_gmt":"2023-03-05T16:21:14","guid":{"rendered":"https:\/\/ge63.com\/?p=79"},"modified":"2023-03-18T11:06:29","modified_gmt":"2023-03-18T11:06:29","slug":"lithuania-economy-investments","status":"publish","type":"post","link":"https:\/\/ge63.com\/lithuania-economy-investments","title":{"rendered":"Lithuania poised to attract billions in new investments"},"content":{"rendered":"\n

Lithuania’s growing GDP per capita is making its citizens’ living standards improve and attracting significant investment. <\/p>\n\n\n\n

The country is expected to receive over a billion euros in investments and create over 20,000 new jobs in the next half-decade. This economic and political stability is particularly attractive in the post-COVID era, despite high inflation rates. Lithuania is converging with its European peers, with wages doubling since joining the European Union, while consumer prices have gone up by about 40%.<\/p>\n\n\n\n

Stability <\/h2>\n\n\n\n

Invest Lithuania director Elijus \u010civilis predicts that Lithuania will continue to be a stable middle-ground for businesses in the face of tension between big powers in the East and West. The country is becoming a technology, engineering, and life sciences powerhouse and is attracting businesses in these sectors. <\/p>\n\n\n\n

Lithuania’s efforts to protect its interests against Russian<\/a> aggression are also boosting the country’s spirit, efforts, and cybersecurity, making it even more attractive to businesses looking to innovate in a politically and economically friendly environment.<\/p>\n\n\n\n

Fintech and game dev<\/h2>\n\n\n\n

Lithuania’s economic and political climate is expected to enable triple-digit growth in sectors like fintech and game development. The country is looking to attract over a billion euros in new investment and create over 20,000 jobs across various industries, including natural and life sciences, device engineering, and information and communication technology (ICT). <\/p>\n\n\n\n

Lithuania’s initiatives like foreign direct investment, global partnerships, and targeted stimulus are also helping the country ease economic crosscurrents.<\/p>\n\n\n\n

Lithuania’s economic transformation and stability are not only benefiting the country itself but also boosting the Baltic region’s economy as a whole. <\/p>\n\n\n\n

Lithuania’s success is inspiring other Baltic States, like Latvia and Estonia, to follow suit, making the region an increasingly attractive destination for businesses and investors alike.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lithuania poised to receive over a billion euros in investments and create over 20,000 new jobs in the next half-decade. <\/p>\n","protected":false},"author":4,"featured_media":80,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[32,36,31],"_links":{"self":[{"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/posts\/79"}],"collection":[{"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/comments?post=79"}],"version-history":[{"count":0,"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/posts\/79\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/media\/80"}],"wp:attachment":[{"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/media?parent=79"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/categories?post=79"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ge63.com\/wp-json\/wp\/v2\/tags?post=79"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}