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Economy

Investor confidence in the Lithuanian economy reaches a three-year low

The trust of foreign capital companies operating in Lithuania in the country’s business prospects have faltered this last quarter of the year and are at their lowest in three years. This was revealed by research on investors’ confidence in Lithuania performed by the association Investors’ Forum. The negative moods among investors were mostly due to the lack of political stability and continuing growth in the gap between wages and work efficiency, lrt.lt writes. […]

Discussion with Nordic Investors in the Seimas  Photo © Ludo Segers @ The Lithuania Tribune
Economy

Lithuanian policymakers and Nordic investors discuss investment climate: “Attracting investment more crucial than ever”

While Lithuania continues to make improvements to its investment climate, policy solutions are still needed to make it more attractive to foreign companies willing to invest and create jobs in the country. A discussion hosted at the Lithuanian parliament brought together Lithuanian policymakers, Nordic investors and business associations to talk about FDI, taxes and what it would take for Lithuania to move closer to its Northern European neighbours. […]

Artūras Černiauskas chairman of the Lithuanian Confederation of Trade Unions
Economy

Reactions to decision to reject president veto on Labour Code

The Lithuanian parliament on Wednesday overturned the presidential veto of a new Labour Code that was adopted by the Seimas in June, thus paving the way for the legislation aimed liberalizing labor relations to come into effect in early 2017. […]