A few weeks ago, some of the participants at the new cabinet’s meeting must have been overtaken by a sense of déjà vu. It was a similarly urgent meeting in the weekend that the previous […]
On the News radio (“Žinių radijas”) show, Lithuania‘s bank board‘s director Vitas Vasiliauskas said that whilst the world economic scenario is being portrayed dramatically in Lithuania, the visible signs of ambiguity are preventing from making […]
The ruling majority and Seimas Budget and Finance Committee (BFK) chairman Stasys Jakeliūnas, who is leading them into battle against the head of the Bank of Lithuania (BL), were unable to pass a no-confidence motion […]
The cabinet’s tax and public sector policy is not contributing to resolving income inequality issues, Bank of Lithuania board chairman Vitas Vasiliauskas says. […]
Lithuania’s central banker says he sees no clear signs of an upcoming new economic crisis but warns about slowing growth. […]
The Bank of Lithuania could have tightened supervision rules for the banking sector before the last crisis but failed to do so, Vitas Vasiliauskas, chairman of the Bank of Lithuania, says. […]
The recent money laundering story involving banks operating in the Baltic states has a negative impact on the reputation of the whole region’s banking sector, says Vitas Vasiliauskas, board chairman of the Bank of Lithuania. […]
Lithuania’s elite sees Darius Jauniškis, director of the State Security Department (VSD), as being the most influential among the country’s civil servants and lawyers, Delfi.lt reported on Monday. […]
Peculiar mentions regarding the pension system changes planned for next year which spread this week have not left a good impression on Bank of Lithuania board chairman Vitas Vasiliauskas. “Regarding pensions, if memory serves right, […]
Developers now openly talk that the rise in real estate prices that has been ongoing for a few years and rising sales have declined. Supply continues to rise, but increasingly fewer homes are being purchased […]
Government chancellor Milda Dargužaitė, central bank governor Vitas Vasiliauskas and public procurement chief Diana Vilytė are ranked as Lithuania’s most influential civil servants, Delfi.lt reported on Monday. […]
Lithuania’s Parliamentary Speaker Viktoras Pranckietis says he would approve introduction of new taxes in the country, noting it would not be a popular step in the society. […]
Lithuania’s President Dalia Grybauskaitė says that the government-proposed tax changes should ensure more social justice, while the current proposals will raise heating prices and the new ceiling on social insurance payments will further increase the income of those making the highest salaries. […]
The European Central Bank evaluated the Lithuanian, Latvian and Estonian economies, also warning regarding future threats. There are three of them, but the very first is how to maintain competitiveness, which is declining due to […]
The accession of German-owned retail chain Lidl to Lithuania has pulled down the prices for food products in Lithuania, however, says Prime Minister Saulius Skvernelis, emphasizing they would never be as low in Lithuania as they are in the neighboring Poland. […]
Returning from the head banker meeting in Frankfurt recently, the head of the Bank of Lithuania Vitas Vasiliauskas states that wage growth in Lithuania is, on one hand, a positive factor, however on the other […]
“The conducted analysis of the 2016 real estate marked by us revealed that while in the beginning of the year house prices increased by 3 pct. nearing the end of the year the number reached […]
Amid a rapid decline in Lithuania’s worker-to-retiree pension, the central Bank of Lithuania is sounding the alarm and calling for the pension system to be reformed and for future pensions to be linked to personal contributions. […]
Lithuania’s financial system could withstand a series of international and domestic shocks, including a sudden deep recession according to the chairman of Lithuania’s central bank. “Banks can withstand large shocks. Our stress tests shows that […]
While banks in Lithuania are resilient enough to possible shocks in the financial markets, a possible burst of the real estate bubble in Scandinavia presents a potential hazard, according to Lithuania’s central bank. […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes