Ministry of Finance lowers GDP growth forecast, raises inflation forecast
The Ministry of Finance is worsening this year’s economic forecast and believes that the gross domestic product (GDP) will grow by 2.9 percent in 2026.
Bendrasis vidaus produktas (BVP)
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Vaidas Žagūnis. Business moods at the beginning of autumn: what does the new season promise for companies?
Autumn for business this year begins against a backdrop of conflicting signals. Concerns include rising gas prices, accelerating inflation again, geopolitical uncertainty, and market expectations for more…
Japan’s economy grew faster than forecasted
On Tuesday, the revised data showed that Japan’s economy grew faster in the second quarter than initially thought.
„OP Corporate Bank“ improves Lithuania’s GDP growth forecast to 3.2 percent.
Finnish financial group OP Pohjola’s bank OP Corporate Bank improves the forecast announced in June and believes that Lithuania’s economic growth will accelerate to 3.2% this year – earlier…
The president hopes that next year’s defense budget in euros will be higher than this year’s
President Gitanas Nausėda hopes that the defense system budget in euros will be higher next year than this year.
Euro area GDP increased by 0.6% in the second quarter, employment by 0.1%.
The gross domestic product (GDP) of the Eurozone in the second quarter of this year increased by 0.6% compared to the previous quarter, while that of the entire European Union (EU) increased by 0.7%. Meanwhile, for…
Research Institutes: Germany’s Economic Growth Prospects Improve
As Germany’s economy weathers the impact of the war in the Middle East, the growth of Europe’s largest economy is expected to be faster this year than previously forecast, on Thursday…
What the Black Central Bank Scenario Predicted for Russia
For the first time in three decades, the Russian economy may shrink for two consecutive years, inflation may return to the record highs of the early war years, consumers may have to cut back on spending, and the government may face the threat of complete depletion of the National Wealth Fund. This scenario is outlined…
Latvia’s GDP increased by 2.8% in the first half of the year.
Latvia’s gross domestic product (GDP) in the first half of this year increased by 2.8% compared to the same period in 2025, the statistics office showed on Monday…
Estonia’s annual GDP growth rate slowed to 1.8% in the second quarter.
Estonia’s gross domestic product (GDP) in the second quarter, compared to the same period last year, increased by 1.8% and the growth was much smaller than in the first quarter,…