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 […]
Due to the summer sales, monthly prices have decreased by 0.3% in July, whereas annual inflation remained steady for the sixth month in a row and stood at 2.4%. Prices of goods were 1.9% higher […]
Lithuania ranks two positions higher on the Global Innovation Index rating scale, – 38th among 129 countries in the world. According to four indicators, Lithuania is among the top ten countries. Comparison of industrial property […]
Precisely 5 years have passed since the time when on 1 July 2014, the merger of all the Lithuanian airports into one company – Lithuanian Airports, took place. The results show that the unification of […]
The share of higher-class housing purchases in Vilnius continues to grow. In the first five months of this year, nearly 2400 newly built apartments were sold in the Lithuanian capital, with one of every eight […]
A survey showed that one in six Lithuanian residents have never been abroad. In terms of residents that have never stepped outside their homeland, Lithuania is way ahead of Latvia and Estonia. According to the […]
A new apartment in a nice location in Vilnius is no longer a privilege affordable to people with a high level of income only. A two-person family earning an average salary in Vilnius can afford […]
The last episode of HBO’s miniseries Chernobyl aired this week, ending the bone-chilling historical drama. As of today, the show stands as the highest-rated TV series on IMDB. Contrary to the public belief, Chernobyl film location was not only in […]
In Q1 this year, the average monthly gross income was 9.4% higher than a year ago. Wage growth in Lithuania looks even more impressive is net wage growth – due to the reduced tax burden, […]
The free market provides bountiful rewards to the winners and metes out harsh punishment on the losers. But there are unsuccessful players in the free market that the invisible hand of the market is starting […]
The perpetually stalling negotiations over the United Kingdom’s (UK) leaving the European Union (EU), the so-called Brexit, are a matter of some concern for people in different walks of life. One such group is online […]
This year Lithuania is in the 29th position in the World Competitiveness Ranking compiled by the Swiss International Institute for Management Development (IMD). Compared to the previous year, Lithuania moved 3 positions higher upwards in […]
The ruling majority and Seimas Budget and Finance Committee (BFK) chairman Stasys Jakeliūnas, who is leading them into battle against the head of the Bank of Lithuania (BL), were unable to pass a no-confidence motion […]
Following Google’s announcement that it has severed relations with Huawei, seen by Washington as a national security threat, Lithuanian telecoms companies say they do not know yet how the sanctions will affect the Chinese technology […]
Mobility Package presents a rare case in Lithuania – bitter disputes on an EU legislative project. Not regarding the villa of a provincial mayor, not yet another fight against alcohol or some other local scandal, […]
In order to provide optimum long-term directions and priorities for the development of the sector, the Ministry of Transport and Communications initiates the strategy for the development of Lithuanian transport and communications until 2050. Various […]
A traditional capsule burying event symbolically marked the start of the construction of millennial-focused Moxy hotel in Kaunas on May 15. This new-concept hotel of the Marriott chain will be the first in the Baltic […]
The Swedish Chamber of Commerce in Lithuania in partnership with law firm TGS Baltic and the Embassy of Sweden in Vilnius for the 6th time brought together about 100 banking and finance experts, regulators and […]
More empty commercial premises in Vilnius’ Old Town — such a choice of spaces have not been seen for a long time. What is happening? The development of Vilnius Old Town, the resurrection of some […]
Only one third of employees in the three Baltic states consider their current job to be decent, shows survey. Authors of the research aimed to define what do people think is „decent“ for their job […]
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