Marius Dubnikovas, a financial analyst, said on the “Lietuvos rytas” TV programme “Nauja diena” that the possible Chinese sanctions against Lithuania would not easily shake the country’s economy but require a combination of other unfavourable […]
During Q1 this year, the Lithuanian economy was not stopped by unfavourable global winds – GDP growth remained rapid, reaching 3.9%. However, having an open economy, Lithuanian cannot ignore what is happening abroad. In recent […]
In June, Lithuania exported goods worth €1.83 billion and imported for €2.06 billion, according to preliminary data from Statistics Lithuania. Compared to June last year, exports contracted 7.5%, while imports went down 8.1%. Some of […]
From the first of May all consumers will have to pay more for purchases from non-European Union countries. On May 1, 2016, the new EU Customs Code will enter into force and the new code […]
The plans of the Russian phytosanitary service Rosselchoznadzor to ban imports of flowers from some European Union (EU) countries, including Lithuania, may have something to do with politics, says Lithuania’s Foreign Minister Linas Linkevičius. […]
Statistics Lithuania reports that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in May 2015 amounted to EUR 2 billion, imports – EUR 2.2 billion. […]
This summer, Russia banned imports of agricultural products from the European Union countries for one year, while various sanctions on Lithuanian dairy and meat products have been applied for a long time already. Ban on Lithuanian foods, excessive customs checks on Lithuanian trucks or other market restrictions are the means of political pressure. […]
Statistics Lithuania reports that, based on non-final data from customs declarations, Intrastat reporting and VAT returns data, exports in July amounted to LTL 7.4 billion (EUR 2.14 billion), while imports to LTL 8.1 billion (EUR 2.34 billion). […]
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