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CORPORATE

Lithuanian housing bubble to unwind not burst say experts

Last year, investment into residential real estate in Lithuania returned to the pre-crisis levels of 2007. Economists say, however, that the growth is sustainable and a real estate “bubble” could, in worst case, deflate a little rather than explode as it did in 2008. […]

Economy

Lithuania will not ask EC to scrap daylight saving time

The Lithuanian government said on Monday it would not ask the European Union to scrap daylight saving time, saying there is no evidence that advancing clocks one hour during summer months has negative impact on people’s health or the country’s economy. […]

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Uncategorized

Russia to conduct ‘most extensive nuclear missile tests in 25 years’

Russia is planning to conduct its most extensive nuclear missile tests in over a quarter-century, according to media reports in Germany. […]

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CORPORATE

Vilnius tourists hit million mark boosted by Japanese influx

Vilnius was visited by almost a million tourists last year, up 5% on 2014, according to the latest figures from the Department of Statistics. […]