The Lithuanian capital is a city of young talents, says Remigijus Šimašius, Mayor of Vilnius, in an interview with Emerging Europe.
Emerging Europe Live is a series of engaging studio panel discussions about topics relevant to the region. The first episode in the series is entitled CEE: The Outsourcing Destination and premiered on 25 April 2016. The programme excerpts are available below. Continue reading Emerging Europe Live: CEE — The Outsourcing Destination
Lithuania’s wealth is in our people’s brains, says Asta Skaisgirytė-Liauškienė, Lithuanian Ambassador to the United Kingdom, in a video interview with Emerging Europe.
Poland is still a good place to do business, says Mateusz Morawiecki, Deputy Prime Minister and Minister of Economic Development of Poland, in a video interview with Emerging Europe.
“External factors should be generally supportive, with stronger growth momentum within the EU, low interest rates and quantitative easing by the ECB, subdued commodity prices and the stabilisation in Russia,” Paul Gamble, Senior Director at Sovereign Group, Fitch Ratings, tells Emerging-Europe.com. Continue reading Fitch And the World Bank: Economic Growth To Remain Solid Within CEE In 2016
Almost every single economy in emerging Europe implemented at least one reform in the last year to improve their business environment. In consequence, as many as 16 economies in the region are featured in the Top 50 of the World Bank’s Doing Business 2016 report. Emerging Europe speaks to Rita Ramalho, Manager of the World Bank–IFC Doing Business, who has compiled a resume about the emerging Europe region especially for us, about how the reforms introduced have helped make doing business easier across the region. Continue reading World Bank’s Doing Business Report 2016 Resume For Emerging Europe
Estonia and the two other Baltic states —Latvia and Lithuania— are Emerging Europe’s winners of the Milken Institute’s Global Opportunity Index — Attracting Foreign Investment across four broad categories: economic fundamentals, ease of doing business, quality of regulation, and rule of law. Estonia ranked 12th and was followed by Latvia (29th) and Lithuania (37th). The leader got its highest note for the quality of regulations, Latvia and Lithuania — for the ease of doing business.
Over the recent years, Lithuania has managed to place itself amongst the top destinations for international businesses. There is no secret behind our latest successes. It’s rather a combination of factors that have contributed to making Lithuania an attractive place to run a business.
Kaunas, Lithuania’s second largest city, has historically been a leading centre of the country’s economic, academic, and cultural life. Now Kaunas is in the spotlight as the city was heralded as the Emerging City of the year in Central and Eastern Europe during the recent Shared Services And Outsourcing Awards. Emerging Europe spoke to Visvaldas Matijošaitis, Mayor of Kaunas, about the city’s strengths and prospects for future growth.
Poland has 8,478 rapidly expanding firms employing over 900,000 staff, equivalent to more than 100 each, says Von Essen, the leader in international & offshore contractual support, legal & tax advisory services and global mobility. The company’s analysts say this reflects Poland’s drive to gain ground on the core members of the EU since its accession a decade ago in terms of economic development.
The common currency will help the Lithuanian economy grow after the country becomes the 19th member of the Eurozone on 1 January 2015, says EY’s Eurozone Forecast December 2015.
A general trend upwards in demand in the real estate market continues across the EU Baltic States of Lithuania, Latvia and Estonia, according to the Ober-Haus ‘Real Estate Report 2014’ focussing on the capitals of Vilnius, Riga and Tallinn.