All posts by Matti Hyyrynen

Matti Hyyrynen

About Matti Hyyrynen

Matti Hyyrynen is Head of the Baltics at the European bank for Reconstruction and Development (EBRD). He joined the Bank in 2001. Prior to that, he was Managing Director and a Member of the Board at Garras Bank – Naspa Dublin. Earlier, he worked as the Assistant General Manager at Postipankki Ltd in Helsinki and in London. He is a board member of Teo Lt, Siauliu Bankas and Estonian Cell. He hold a Master’s degree in Mathematics from Helsinki University.

Lithuania’s Focus on SME Growth and the EBRD’s Role

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Lithuania’s economy has been both consistent and resilient in recent years, effectively recovering from the 2008 financial crisis that affected many EU member states so heavily. Since 2011, the country has achieved an impressive growth rate of four per cent per year and it joined the Eurozone in 2015. In order to ensure further progress, the government plans to encourage increased public and private funding in business projects over the next three years. The goal is to make Lithuania a hub for innovative technology and finance in order to help new businesses and talented entrepreneurs grow.

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