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Latest EU study: three out of four Lithuanians work at small and medium-sized enterprises

Small and medium-sized enterprises (SMEs) create three out of four jobs in Lithuania and that is 10 % higher than the EU average. SMEs are economic growth drivers in Lithuania as stated in the “Small Business Act” for Europe report published by the European Commission. This is the latest EU study aimed at assessing measures for improving environment for small and medium-sized business. […]

Studentai (KU nuotr.)

Funding distribution frustrates universities

123 million euro, a sum reported by the news portal previously, is to be earmarked for the optimisation of the higher education network. However, it would appear that the distribution of funding is causing increasingly much confusion – some universities do not understand, how the funding was assigned, while education experts already mused earlier, whether higher education institutions would receive funding even if they hadn’t performed mergers. […]