Thursday, 12 March 2026

Lithuania has overtaken Italy and Spain in her standard of living

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36 years ago yesterday, on March 11, 1990, Lithuania became the first country to secede from the Soviet Union. Lithuania has overtaken Italy and Spain in its standard of living. A lot of Russian mafia money is laundered through the Baltic states but that does not explain how Lithuania attained a Western level of income. Low taxes, technology and FinTech do. Does Catholicism play a part? Catholic Lithuania feels like a southern, western country in  northern and eastern Europe.



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