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Economy

Price of residential real estate in Vilnius continues to grow

Based on preliminary data on residential property prices provided by the Centre of Registers, in the third quarter of 2014, compared with the second quarter, prices fell only of apartments in old blocks of flats. Nonetheless, prices still exceeded the 2013 level. […]

USA flags
Foreign affairs

Lithuanian PM and US Congressman Schiff discuss mutual economic interests

Halfway through the visit to the United States, Lithuanian Prime Minister Algirdas Butkevičius had a meeting with Congressman Adam Schiff, as well as business and trade associations. […]

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. […]