Blog archive

In late 2021, Europe was recognised as the largest crypto-currency economy in the world, with the continent receiving more than €870 billion in crypto in the same year.

European tax rates vary greatly across the continent, ranging from sky-high rates of 59% in Finland to a rock-bottom 9% in Hungary.

Recent financial data revealed that the Lithuanian financial system has successfully weathered the challenges posed by COVID-19, and that the war in Ukraine has not had a significant negative impact on the country’s economy.

The way we save, spend and invest our money continues to evolve, with fintechs leading the charge and shaking up the financial sector.

In the western world saving money and spending your earnings wisely is often considered the responsible way to act and a sign of a mature adult, whereas spending and living in the moment is for the young and irresponsible.

Fintechs - a mash-up of financial + technology - have been shaking up the traditional banking sector for more than a decade now. While the movement is ground-breaking, the thinking behind it is incredibly simple: make banking easy and accessible for everyone by taking it digital.

Supply shock, rapid growth of energy prices, rising inflation and a shortage of employees have become the most important challenges for the Lithuanian economy.