100 euro note
Economy

Lithuania’s stats office says doesn’t know if prices rise due to euro entry

Lithuania’s statistics office cannot say if prices are rising due to the country’s upcoming euro adoption, noting that discounts and seasonal factors continued to have the biggest impact on prices in September. […]

Vitas Vasiliauskas
Economy

Geopolitical risk is affecting stability of world’s economy – Bank of Lithuania head

The Chairman of the Board of the Bank of Lithuania, Vitas Vasiliauskas, has begun his visit in Washington DC, where on 10-12 October he will take part in the annual meetings of the International Monetary Fund (IMF) and World Bank. Here the heads of central banks and ministers of finance will seek to coordinate actions that would speed up economic growth and ensure long-term development. During the meetings it is planned to announce the updated world economy projections, the Bank of Lithuania informs.
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Pensioners meeting in Vilnius
Politics

Half of Lithuanians dissatisfied with how democracy works

A poll commissioned by ELTA news agency and conducted on 10-17 September by Baltijos Tyrimai shows that approximately half of Lithuanians aged over 15 are unhappy with the way democracy is working. […]

No Picture
Foreign affairs

Russia unresponsive to Brussels calls to release Lithuanian fishing vessel

The European Commission, which is helping Lithuania to establish the circumstances of the detention of a fishing vessel by Russian officials, has not received any response from Moscow to its inquiries, Lithuania’s Agriculture Minister Virginija Baltraitienė says. […]

Energy Minister Masiulis and PM Butkevičius
Energy

British index to determine gas price for Lithuania’s LNG terminal

Energy Minister Rokas Masiulis says that the price of gas supplied through the Liquefied Natural Gas (LNG) terminal will be determined by the international market as it will be calculated based on the United Kingdom‘s National Balancing Point (UK NBP) gas prices. […]