Algirdas Butkevičius

PM Butkevičius says Lithuania became energy independent in 2015

Prime Minister Algirdas Butkevičius says the euro introduction, power interconnections with Poland and Sweden, and reforming the Labour Code are Lithuania’s three biggest achievements of 2015. He also reviews the country’s future plans for 2016 on TV programme Alfa Savaitė. […]

No Picture

Most Lithuanians feel price hikes after euro adoption

As many as 65 percent of Lithuanians, most of them younger people (aged 15-34 years), say they are already used to changes after the euro adoption, the latest survey for September has shown. However, compared to February’s survey, considerably more respondents believe that prices of goods and services have gone up after the introduction of the new currency. […]


Consumer prices fell by 1.5 percent in January

In January the prices of consumer goods and services declined by 1.5% in annual terms and by 1.3% in monthly terms. This was the biggest annual deflation since 2003. Average annual inflation was at 0%. […]

No Picture

Euro adoption and crisis in Ukraine reduced Lithuanians’ optimism, according to poll

In December 2014 only every third Lithuanian claimed that the situation in the country has been improving. Compared with November 2014, the number of optimists decreased by 6 percent. According to sociologist and lecturer of Vilnius University, Professor Romas Lazutka, the outburst of pessimism at the end of the year was related to the change of national currency and the ongoing conflict in eastern Ukraine. […]