Lithuania’s Ministry of Finance has significantly revised down its forecasts for GDP growth in 2016 to 2.5% for the year, down from the 3.2% growth predicted last year. […]
The Lithuanian government could collect more revenue from the value-added tax (VAT) by lowering the rate and thus cutting the black market, according to a SEB Bank economist. […]
Gitanas Nausėda, Žygimantas Mauricas and Nerijus Mačiulis, all economists at leading commercial banks in Lithuania, are optimistic about Lithuania’s economy in the coming year but they highlighted some of the greatest economic risks Lithuania faces in the coming year – most of them international rather than domestic. […]
Sex reassignment surgery is as yet unavailable in Lithuania but the necessary legislation to allow the procedure is on its way. […]
While recent corruption scandals are damaging the ruling Social Demcrats’s opinion poll ratings, their coalition partners the Order and Justice party’s ratings seem unaffected by a raft of their own scandals. […]
After sixteen years in the European Union, Lithuania has to decide what it is: a donor, a user of EU support or a full-fledged stake-holder, says Lithuanian EU Commissioner Vytenis Povilas Andriukaitis. […]
The amount of electricity being generated by renewable resources in Lithuania is increasing – in Pagėgiai municipality in Western Lithuania alone, the wind farm that began operating there this year – the largest of its kind in the Baltics – generates about 2% of the country’s energy needs. However, according to the farm’s owners, their work would still be impossible without support from the government. […]
The region’s biggest bitcoin conference, Bitcoin Conference 2016 will be held at the ISM University of Management and Economics in Vilnius on April 8. […]
Foreign investors located in Lithuania generate higher returns on equity than in other countries, a study by foreign investment development agency Invest Lithuania shows. […]
The European Commission will fine Lithuanian Railways up to €50 million for disassembling almost 20 kilometres of the Rengė section of railway track, reports the Polish portal Energetyka24.com, citing European Commission sources. […]
Dalius Misiūnas, the managing director of UAB Lietuvos Energija has been selected as the 2015 Manager of the year by the weekly magazine Veidas and a panel of experts. […]
Education Minister Audronė Pitrėnienė said that the state would not take funds to raise teachers’ wages from the financing of non-formal education for children. […]
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