For the third year in a row, the winners of Best Employers in Lithuania were announced. In 2014, the Best Employers awards went to the digital advertising software company Adform, Cramo, a service company specialising in equipment rental services, and the insurance company Lietuvos Draudimas. […]
In September, 54 percent of Lithuanians were convinced that housing prices will grow even more in the future. Nevertheless, the house price sentiment index has been falling for a second quarter in a row. […]
Vilnius, the capital city of Lithuania, is going to host the international conference Space Economy in the Multipolar World (SEMWO) on 21-23 October, Vilnius University‘s press service reports. […]
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. […]
Pay gap between men and women in Lithuania was 12.5 percent in 2013. It increased 0.5 percentage points compared to the year before. […]
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. […]
The members of Investors’ Forum of Lithuania met with the chief presidential advisor, head of economic and social politics team Giedre Kaminskaitė-Salters. […]
In September, apartment prices dropped the most in Tallinn, by 4.1 percent. In Vilnius they decreased marginally, by 0.2 percent. Meanwhile, in Riga apartment prices remained without changes compared to the previous month. […]
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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In 2013 spending on research and experimental development (R&D) increased by 11.4 percent compared with 2012 and reached LTL 1.15 billion (EUR 332 million). […]
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. […]
The decision to fund an alternative gas pipeline through Poland and Lithuania is enormously important for Latvia, as it will end the country’s energy dependence and create an actual alternative for gas supply, Prime Minister Laimdota Straujuma (Unity) said in a press release today. […]
Parliament Speaker Loreta Graužinienė reckons that next July the minimum monthly salary could rise by LTL 100 (EUR 29). The head of Parliament is also open to discussions over the increase of non-taxable minimum income. […]
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. […]
Minister of Energy Rokas Masiulis has yet to give a concrete answer about whether Lithuania needs a new nuclear power plant (NPP) in Visaginas. According to him, Lithuania is finding its feet regarding energy security, thus there is no need to rush with the decision. […]
The newly appointed Minister of Energy Rokas Masiulis says that he will decide on the directions of his policies after he better studies costs of major energy projects. […]
Lithuania lacks proper energy strategy which would encompass climate change and objectives in the area of energy, says Giedrė Kaminskaitė-Salters, chief advisor to President Dalia Grybauskaitė. […]
International Monetary Fund (IMF) forecasts that Lithuania’s GDP will grow 3 percent this year and 3.3 percent next year. […]
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