European Central Bank HQ in Frankfurt
European Union

Lithuania open to discussion on euro area budget, finance minister

Lithuania is open to discussions about the French president’s proposal to establish a position of the euro area finance minister and develop a separate budget of the area, says Lithuania’s Finance Minister Vilius Šapoka, noting that this was not the most urgent matter at the moment. […]

Gintautas Paluckas, Gdiminas Kirkilas
CORPORATE

Paluckas: I have a foreboding that the council will decide to withdraw from the coalition

“Personally I am sceptical. I tried talking, sitting down at one table, but I see less and less common vision and consensus in our diverged opinions. This political season’s end was the culmination. When you […]

A volunteer at the Kaunas Airport
Economy

Kaunas Airport copes with increased traffic after Vilnius Airport shuts for upgrades

Kaunas Airport is coping with increased traffic as most flights are being diverted from Vilnius to the smaller airport after Lithuania on Friday closed its main airport for the first time in Europe, the airport’s operator said. […]

Handshake
Economy

Study shows Lithuanians believe to be most business-savvy among Balts

Lithuanians believe that the most important thing for the start of the business is having enough savings and a great business idea (76 percent), while Latvians view know-how as the most important (73 percent) and Estonians think that the most important thing is an idea and know-how (79 percent), shows a survey of entrepreneurship of residents of the Baltic states conducted by Spinter research (Spinter Surveys) for DNB bank. The survey was published on Thursday. […]