CORPORATE
Kęstutis Girnius. Low taxation – low teachers’ wages
The desire of the public sector to have better lives and fighting to obtain it is understandable. […]
Eurostat
Society
Economy
Probe in Lithuania finds no “drastic” EU differences in prices of non-food goods
A price comparison probe by Lithuania’s Justice Ministry and the State Consumer Rights Protection Authority (SCRPA) has found no “drastic” differences in the prices of non-food goods in Lithuania and other EU countries. […]
Society
Society
Economy
Eurostat finds food prices in Lithuania among EU’s lowest
Prices for food and non-alcoholic beverages in Lithuania last year were among the lowest across the European Union (EU), figures from the EU statistical office Eurostat showed on Thursday. […]
CORPORATE
Dargis – I’ve been talking for 11 years that demographics will touch us painfully
The demographic forecasts released by the European Union statistics agency Eurostat are the most painful for Lithuania of all the Union’s members. Lithuania is to diminish most rapidly. If this year the country has a […]
Society
Lithuania #1 among Baltic States by number of tourist overnight stays
Tourists spend more nights in Lithuania than in Latvia or Estonia. According to EUROSTAT, the official statistical office of the European Union, in 2016 the number of overnight stays of tourists (local as well as foreign) who stayed in Lithuanian accommodation establishments, including rural tourism, was the largest in the Baltic states and comprised 7 million, while in Estonia and Latvia this number amounted to 6.2 million and 4.4 million respectively, the State Department of Tourism reported in a press release.
announced in a press release. […]
Economy
Lithuania’s spending on social security among EU’s lowest
The Lithuanian government’s spending on social security was one of the lowest among all 28 members of the European Union (EU) in 2015, Eurostat said on Monday. […]
Society
Economy
Youth unemployment halved in Lithuania, but growing economy is not the sole factor
Youth unemployment in Lithuania has shrunk significantly over the last few years. Specialists say, however, that this is as much to do with emigration as with the growing economy. […]
CORPORATE
Is Lithuania ready for the end of EU money bonanza?
At the moment, Lithuania receives about €623 of EU support per person. The amount will go down significantly after 2020. “This is when we’ll see who’s been swimming naked,” says economist Žygimantas Mauricas. […]
CORPORATE
Lithuania has third highest rate of preventable deaths in EU
Lithuania has the third highest level of preventable deaths in the EU according to a new Eurostat survey. Romania had the highest number of preventable deaths in the EU forllowed by Latvia and Lithuania. The […]
Economy
Lithuanian e-commerce growing but lagging behind neighbours
From January to May, the number of mail or internet orders in Lithuania increased by 34.9% compared to the same period in 2015. E-commerce is opening more and more local and international opportunities for the country’s small- and medium-sized businesses. […]
CORPORATE
Lithuania’s unemployment rate falls again in April
Lithuania’s unemployment rate dropped from to 8.2% in April as unemployment across the European Union fell slightly from 8.8% to 8.7%, according to Eurostat data. This is a slight decrease on the 8.4% unemployment rate […]
CORPORATE
Lithuania has third highest inflation rate in Europe
The combined annual inflation in Lithuania in April was one of the highest among the 28 European Union countries and only lower than in Sweden and Belgium, Eurostat data released on Wednesday shows. “The rate […]
CORPORATE
Lithuania only Baltic state to see exports grow in Q1
Lithuania‘s exports grew by an annual rate of 1% to €5.2 billion in the first quarter of 2016. Lithuania was the only Baltic country to post an increase in exports in the first quarter of […]
CORPORATE
Fall in Lithuania’s industrial producer prices among biggest in EU
Lithuania has reported one of the biggest falls in industrial producer prices among the 28 European States in March. Industrial producer prices in March 2016 fell 6.3%, compared to March 2015, according to Eurostat data […]
CORPORATE
Ministry of Finance projects balanced budget in 2017
Lithuania’s Ministry of Finance hopes for balanced public finances in 2017 and intends to run up a surplus in 2018. The Ministry of Finance announced these projections in the Lithuanian Stability 2016 annual program that […]