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Country

October 24, 2024

Germany

With 82.9 million inhabitants with high purchasing power (GDP per capita of USD 50 862 in 2021), Germany is the fourth largest economy in the world, the largest market in the EU and a major exporter and importer (it ranks 3rd in the world in both flows). It is one of the most advanced and developed economies in the world, highly innovative and export- oriented. Industry's 30% contribution to GDP is considered high, confirming that manufacturing industry and related services are at the heart of the German economy,

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Country

October 24, 2024

Netherlands

The Netherlands is located in North-West Europe, sharing borders with Belgium and Germany. The country is a constitutional monarchy and parliamentary democracy, with the beautiful city of Amsterdam as its capital. For its size, the Netherlands is quite densely populated with an average of 492 inhabitants per square kilometer. This is reflected in the population and in 2012, statistics show that the country’s population has reached 16.77 million.

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Country

September 17, 2024

Croatia

Croatia, a member of the European Union, has demonstrated economic resilience and growth despite recent global challenges. The country's economy is diversified, with strong sectors in tourism, services, industry, and agriculture. Economic growth is expected to continue, supported by ongoing reforms and strategic investments.

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Country

September 17, 2024

Channel Islands

The Channel Islands, comprising Jersey and Guernsey, are British Crown Dependencies located in the English Channel near the French coast. Known for their robust financial services sector, the islands have developed a diverse and resilient economy despite their small size and population.

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Country

September 17, 2024

Bulgaria

Bulgaria, an upper-middle-income country in Eastern Europe, has shown economic resilience despite facing significant challenges. The economy is diverse, with strong sectors in manufacturing, services, and agriculture. Economic growth is expected to accelerate in the coming years, supported by ongoing reforms and investments.

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Country

June 19, 2024

Bosnia and Herzegovina

Coming soon..

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Country

September 17, 2024

Andora

Andorra, a small but prosperous country in the Pyrenees mountains, has shown remarkable economic stability. The nation's economy is heavily reliant on tourism, banking, and retail, with tourism alone accounting for roughly 80% of GDP. Andorra attracts millions of visitors annually due to its duty-free shopping and winter sports resorts.

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Country

September 13, 2024

Albania

Albania, a developing country in the Western Balkans, has been making strides toward economic stability and growth. Despite facing numerous challenges, including a major earthquake in 2019, the COVID-19 pandemic, and the impact of the Ukraine war, Albania's economy is expected to continue its recovery in 2024.

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Country

September 13, 2024

Cyprus

Cyprus, a high-income country in the EU, has a service-based economy with significant contributions from tourism, financial services, and shipping. Despite facing economic challenges in recent years, Cyprus is expected to experience moderate growth in 2024.

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Country

September 13, 2024

Czech Republic

The Czech Republic, known as Czechia, is a developed country in Central Europe. The nation's economy is highly industrialized, with strong sectors in manufacturing, services, and export industries. Despite the economic disruptions caused by the COVID-19 pandemic and the war in Ukraine, Czechia is expected to experience moderate economic growth in 2024.

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Country

September 28, 2024

Denmark

Denmark, a Nordic country located in Northern Europe, is renowned for its high standard of living, robust welfare state, and innovative economy. With a population of approximately 5.8 million people, Denmark has a well-developed economy characterized by a strong emphasis on renewable energy, pharmaceuticals, manufacturing, and services.

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Country

September 28, 2024

Estonia

Estonia, a Baltic country located in Northern Europe, is renowned for its advanced digital infrastructure, innovative technology sector, and strong economic performance. With a population of approximately 1.3 million people, Estonia has transformed itself into a modern, high-income economy since gaining independence from the Soviet Union in 1991.

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Country

September 28, 2024

Faroe Islands

The Faroe Islands, an autonomous territory within the Kingdom of Denmark, is situated in the North Atlantic Ocean between Iceland and Norway. Known for its picturesque landscapes and thriving marine life, the Faroe Islands have a resilient and diverse economy. The population of the Faroe Islands is approximately 53,000, with the capital city being Tórshavn.

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Country

September 28, 2024

Finland

Finland, a Nordic country located in Northern Europe, is renowned for its high standard of living, advanced technology sector, and robust economic performance. With a population of approximately 5.5 million people, Finland's economy is diverse and well-developed, with key sectors including information technology, telecommunications, forestry, manufacturing, and services. The country is also a member of the European Union and uses the Euro as its currency.

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Country

September 28, 2024

Gibraltar

Gibraltar, a British Overseas Territory located at the southern tip of the Iberian Peninsula, has demonstrated significant economic resilience and growth potential despite various global and regional challenges. The economy is diverse, with major contributions from the financial services, shipping, and tourism sectors. Economic growth is expected to continue, supported by strategic investments and ongoing reforms.

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Country

October 24, 2024

Greece

Greece is a developed country in the EU and is highly dependent on its service sector as well as its tourism sector in order to gain profits. After going through a large economic boom from the 1950s to the 1970s as well as somewhat high GDP growth in the early to mid 2000s, Greece’s economy took a turn for the worse and struggled intensively, primarily due to the Great Recession, the Euro crisis as well as its own debt crisis.

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Country

September 28, 2024

Greenland

Greenland, an autonomous Danish territory, has shown significant economic resilience and growth potential despite facing numerous challenges. The country’s economy is diverse, with key sectors including fishing, mining, and tourism. Strategic investments and ongoing reforms are expected to drive economic growth in the coming years.

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Country

September 28, 2024

Hungary

Hungary, a high-income mixed economy in Central Europe, continues to demonstrate resilience and growth potential despite global economic challenges. The country's economy is diverse, with significant contributions from the services, industrial, and agricultural sectors. Economic growth is expected to recover in the coming years, supported by strategic investments and ongoing reforms.

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Country

September 28, 2024

Iceland

Iceland, a Nordic island nation located in the North Atlantic, is renowned for its strong economic performance and high standard of living. The country's economy is diverse, with key sectors including tourism, fisheries, renewable energy, and technology. Economic growth is expected to continue, supported by strategic investments and ongoing reforms.

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Country

September 28, 2024

Ireland

Ireland, a highly developed country in Western Europe, continues to demonstrate significant economic resilience despite facing numerous global challenges. The country's economy is diverse, with strong sectors in technology, pharmaceuticals, financial services, and agriculture. Economic growth is expected to recover and strengthen in the coming years, supported by strategic investments and ongoing reforms.

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Country

October 24, 2024

Isle of Man

The Isle of Man, a self-governing British Crown Dependency located in the Irish Sea, is known for its high standard of living and robust economy. Despite its small size, the Isle of Man has built a resilient and diverse economy that continues to thrive through strategic planning and adaptation to global economic trends.

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Country

September 13, 2024

Italy

Italy is a developed country in the EU and highly depends on its manufacturing, tourism, and service sectors for economic growth. After experiencing significant economic growth from the 1950s to the 1970s and relatively high GDP growth in the early to mid-2000s, Italy's economy faced challenges primarily due to the Great Recession, the Eurozone crisis, and its structural issues.

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Country

June 19, 2024

Latvia

Coming soon..

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Country

June 19, 2024

Liechtenstein

Coming soon..

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Country

June 24, 2024

Lithuania

The domestic market in the Baltic states is dominated by the Swedish banks SEB and Swedbank. Payment methods vary slightly across Estonia, Latvia, and Lithuania with cards, banks transfers, and wallets being the most widely used. In Lithuania prepaid products like paysafecard is a preferred payment method. BankLink was the most popular e-commerce payment method among e-shoppers in Lithuania, as per every six in ten surveyed between May and July 2022. BankLink requires the customer to select a bank from which to make a payment and then to log into the selected internet bank to confirm the payment order. In the second place among Lithuanian e-commerce customers was the payment with Visa or Mastercard, followed by cash-on-delivery (COD).

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Country

June 19, 2024

Luxembourg

Coming soon..

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Country

June 19, 2024

Monaco

Coming soon..

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Country

September 17, 2024

Montenegro

Montenegro, a small but dynamic country in Southeastern Europe, has shown considerable resilience and adaptability in its economic landscape. The economy is diverse, with significant contributions from tourism, services, and industry. Economic growth is expected to continue, supported by ongoing reforms and strategic investments.

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Country

September 17, 2024

North Macedonia

North Macedonia, an upper-middle-income country in Southeast Europe, has demonstrated economic resilience despite numerous challenges. The country's economy is diverse, with strong sectors in services, industry, and agriculture. Economic growth is expected to improve in the coming years, supported by ongoing reforms and investments.

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Country

September 17, 2024

Norway

Norway, a high-income country in Northern Europe, is known for its highly developed economy, rich natural resources, and high standard of living. The nation's economy is robust, with significant contributions from the petroleum sector, renewable energy, and a diversified range of industries.

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Country

June 24, 2024

Poland

Poland's payment landscape has evolved significantly in recent years, aligning with global trends towards cashless transactions. The country offers a diverse array of payment methods, catering to both traditional and digital preferences. In this comprehensive overview, we will explore various payment methods, including credit cards, debit cards, e-wallets, SEPA transfers, and mobile payment options.

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Country

October 24, 2024

Romania

Romania, a developing country in Eastern Europe, has shown resilience despite numerous challenges. The nation's economy is diverse, with strong sectors in services, industry, and agriculture. Economic growth is expected to pick up in the coming years, supported by ongoing reforms and investments.‍In 2023, Romania's GDP grew by 2.1%, driven by private consumption and public investment. The economy is projected to accelerate to 3.3% in 2024, supported by higher real disposable incomes and robust public investments, despite weaker external demand from main EU trading partners​.

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Country

September 17, 2024

San Marino

San Marino, one of the world's smallest countries, boasts a stable and high-income economy. Despite its small size, San Marino's economy is highly diversified, with significant contributions from tourism, banking, and manufacturing.

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Country

September 13, 2024

Serbia

Serbia, an upper-middle-income economy in Central Europe, has shown resilience despite numerous challenges. The country's economy is highly industrialized, with strong sectors in energy, automotive, machinery, mining, and agriculture. Economic growth is expected to accelerate in the coming years, supported by ongoing reforms and investments.

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Country

September 13, 2024

Spain

Spain, a developed country in the EU, has a highly diversified and industrialized economy, with strong sectors in manufacturing, services, and exports. Despite economic disruptions caused by the COVID-19 pandemic and the war in Ukraine, Spain is expected to experience moderate economic growth in 2024.

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Country

October 24, 2024

Switzerland

Switzerland has a population of around 8.7 million inhabitants and a high GDP per capita, which will reach USD 91,603 in 2021 (data from the EIU - The Economist Intelligence Unit). The Swiss economy is one of the most prosperous, modern and competitive in the world, characterised by a highly developed tertiary sector (driven by financial services) and by an industry based on high technology and innovation.

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Country

October 24, 2024

United Kingdom

The United Kingdom (UK) is the 5th largest economy in the world and the 2nd in Europe. The country ranks as the 14th largest exporter of goods and second largest importer of services worldwide, and as the 7th largest importer of goods and 6th largest importer of services. On 31 January 2020, the UK left the European Union, after 47 years of membership, and a Trade and Cooperation Agreement was subsequently negotiated between the parties, applicable from 1 January 2021. Implementing the new trade relationship with the EU and combating the COVID-19 pandemic have been huge challenges for the country.

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Country

June 19, 2024

Sweden

The largest Nordic economy, with a population of 10.4 million inhabitants, Sweden is one of the most developed, competitive and modern economies in the world, combining a system based on cutting-edge technology with a wide range of social benefits and high living standards.

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Country

October 24, 2024

Portugal

With almost nine hundred years of history, Portugal is one of the oldest countries in the world. Geographically situated on Europe’s west coast, on the Iberian Peninsula, it borders Spain to the north and east, and the Atlantic Ocean to the west and south. It also includes the Autonomous Regions of the Azores and Madeira, two archipelagos located in the Atlantic Ocean.Data from 2020 indicates that Portugal has a population of approximately 10.3 million, with about 47% of that population considered to be working. The Portuguese language is spoken by more than 220 million people, spread over almost every continent.

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Country

October 24, 2024

Belgium

Belgium is a constitutional monarchy with three regions (Flanders, Wallonia and Brussels Capital). There is a government at federal level, and three regional governments (one Flemish, one Walloon, and one from the Brussels Capital region). There are also three communities: Flemish, French and German-speaking. The main cities, apart from Brussels, are: Antwerp, Bruges, and Ghent in the Flanders Region and Arlon, Charleroi, Liège and Namur in the Walloon Region. Belgium is 30,688 km2 and has a population of 11.2 million people.

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Country

October 24, 2024

Austria

Austria is a developed country located in Central Europe, with a highly developed and modern payment infrastructure. Despite this, payment habits in Austria still reflect a preference for traditional methods, such as cash, while also showing a growing acceptance of digital payments. In Austria, cash remains the most popular form of payment. In 2019, 82% of all transactions and 65% of the total transaction value were made in cash. Debit cards are primarily used for payments starting at

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Country

October 24, 2024

France

With 68.0 million inhabitants with high purchasing power, France is the 7th largest economy in the world, the second largest in the European Union, and one of the leading exporters and importers worldwide (9th as exporter and 6th as importer).The French economy is highly developed and is mainly based on the services sector (79.4% of GDP - 2022 estimate). The agricultural sector, aeronautics, automobile, and luxury goods industries are also noteworthy.

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Country

September 30, 2024

Malta

Malta, a developed country in the EU, relies heavily on its service sector and tourism industry for economic growth. After experiencing steady economic growth from the late 1990s through the mid-2000s, Malta’s economy, like many others, was impacted by the global financial crisis. However, it has since recovered robustly, with significant contributions from financial services, information technology, and iGaming sectors​.

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