Even though Coronavirus has not reached Lithuania to this day, a Lithuanian based company created a Coronavirus App. All three samples tested for the new coronavirus came back negative in Lithuania today according to the […]
In 2019, Lithuania was covered as a travel destination by TIME, The Times, The Independent, Travel+Leisure, Le Monde and a variety of specialized publications and blogs, which have audiences in the millions. “Lithuania increasingly appears […]
At the end of the 2019 year, Lithuanian economic growth has not fully lost momentum and this is something to celebrate. However, it does not inherently guarantee that without extra effort, we can expect further […]
Considering the ever-changing needs of consumers in the financial services domain, the digitisation of services will be the main topic of this year’s Fintech Inn conference. Due to the rapid growth of fintech companies, there […]
2019 was an exciting year for the telecommunications market: consumer trend changers dictated market growth, while the US-Chinese struggle changed everything – from general device use to national security concerns, Petras Masiulis, Tele2 CEO for […]
The government’s decision to increase allowance rates given to posted drivers needs to be changed, while the EU’s constraints on the transport sector based on the EU Mobility Package must be evaluated responsibly. Otherwise, Lithuania […]
They say that only after the first one hundred days can you really begin to be more critical of a president’s decisions, choices and behaviour. A hundred days is the limit for when the warmup […]
In recent years, not only employee wages but also business owners’ profits have been rising. And increasing profits do not always reach the employees’ wallets. Bank of Lithuania economists, who made such conclusions, explain that […]
The sort of chaos we now see in Seimas hadn’t yet been seen in Seimas after the restoration of independence. True, prior to deciding on organising snap elections (so far the only) in 1992, there […]
The system of bottle deposit, which was imposed three years ago gave people something they had waited for a long time – a possibility to sort beverage packaging. The long-term experience of rich countries could […]
“Nothing is certain but death and taxes.” This phrase was coined over a hundred years ago by US politician and inventor Ben Franklin. While not for these words, but more than a hundred years after […]
New proposals from President Gitanas Nausėda on how to reduce social poverty and improve demographic conditions have been met with criticism from economists. They believe that G. Nausėda’s proposals do not appear responsible and have […]
Lithuanian researchers have recently developed an ultra-short pulse laser, which could solve the problem of nuclear waste disposal and management. The system is powerful enough to potentially eliminate nuclear waste and accelerate its decay period […]
Lithuanians living in emigration are increasingly buying homes in their homeland not from borrowed money, but from what they earned and saved. The earlier fear of real estate brokers, of emigrants rather investing in homes […]
Lithuania’s major cities have seen an impressive rise in the wealthy, with Vilnius even being a leader in this among Eastern European capitals. By the way, wealthy individuals, who count their monthly incomes in the […]
A year ago, Kaunas was waiting for one of the most influential people in the world – Pope Francis. This year it seems like the heads of foreign countries have lost their interest in the […]
Already this year, the most powerful economy in Europe, that of Germany, could face recession. This country is one of the main trade partners of and investors in Lithuania. But our country’s industry is calm […]
The first-ever Digital Quality of Life (DQL) research indexed 65 countries, covering a population of over 5.5 billion people was carried out by privacy company Surfshark. Lithuania ranked 23rd in the final index and was […]
According to the affordability of goods and services in 2018, Lithuania lies ahead of many EU countries, the newest EU survey data says. However, Lithuanians are not rushing to celebrate; they say that the prices […]
Unemployment has shrunk 0.4pp in the second quarter of 2019 but was 0.2pp higher than a year ago – the first annual increase in unemployment since 2010. However, the reasons for the increase in unemployment […]
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