After Lithuania joined the euro area on 1 January 2015, about 20 counterfeit euro notes have been discovered in the market, says Interior Minister Saulius Skvernelis, adding that the number of suspected forgeries is considerably higher, but they are made outside Lithuania. […]
Lithuania has this year joined the other Baltic countries in adopting the euro. Entering the common European currency can give the country’s economy an additional boost, with more foreign investment on the cards, especially from Sweden, Invest Lithuania said. […]
This year in the World Economic Forum meeting in Davos, one of the most prestigious events attended by world political and business leaders, Lithuania will have a much better representation compared to the previous years. […]
Law Firm VARUL and Estonian Chamber of Commerce in Lithuania (in partnership with Estonian Embassy in Vilnius) are organizing the 4th mergers and acquisitions (M&A) conference on 28 January. […]
Andriejus Stančikas, chairman of the Chamber of Agriculture of Lithuania, is convinced that the European Union‘s (EU) decision to allow member-states to independently decide on growing GMO is not well-advised: more resilient and cheaper GMO crops will eventually push out traditional crops anyway. […]
Statistics Lithuania forecasts that monthly deflation measured by the Harmonised Index of Consumer Prices (HICP) is likely to be zero in January and amount to 0.0 percent, compared to December 2014. […]
Russia intends to lift sanctions on imports of food and farm products from certain European Union (EU) countries, which were introduced last August. However, the list of the countries does not include Lithuania, the Agriculture Minister and the Chief Veterinary Officer have said. […]
Lithuania’s delegation at this year’s Berlin International Green Week, an important international trade fair held annually in Berlin, is going to focus on finding new markets. […]
The period of dual circulation of litas and euro cash in Lithuania ended on 15 January. […]
Professional services firm EY (Ernst&Young) forecasts that Lithuania’s GDP will grow 3.6 percent in 2015. The adoption of the euro, reduced financial risks and cheaper borrowing will allow the Lithuanian economy to grow three times faster than the euro area average, whereas in two years economic growth can reach a 5-percent rate. […]
Two weeks after the adoption of the euro, the single European currency now accounts for more than one-half, or some 60 percent, of cash in circulation in Lithuania, the central Bank of Lithuania said, reminding that Thursday is the last day when shoppers can use both currencies, the euro and the litas, to pay in shops. […]
Most Lithuanians would like to work for Ilja Laurs, according to a survey by job hunting website cvmarket.lt which has named the most popular businessperson in Lithuania for the first time. According to the website, Lithuanians favour modern employers who treat employees fairly. […]
Euro area membership will give Lithuania more stability and security, European Council President Donald Tusk said in Vilnius on Wednesday. […]
Danske Bank, the largest financial services group in Denmark and the second largest in terms of assets owned in Northern Europe, is establishing an IT service centre for its group of companies, Danske Group IT Lietuva (DGITL), in Vilnius. […]
According to website vz.lt, US insurance giant AIG is going to establish 400 new jobs in Vilnius by the end of 2015. AIG customer service centre in Vilnius will provide services to foreign markets. […]
Lithuania adopted the euro on 1 January 2015, thus becoming the 19th member of the euro area. With the dual circulation period ending on 15 January, a crucial part of the changeover will be completed this week, the European Commission said in a report. […]
The Lithuanian seaport of Klaipėda resumed normal operations on Sunday evening after a storm that had halted vessel traffic during the weekend, a spokeswoman said on Monday. […]
After Lithuania adopted the euro, the number of millionaires – i.e., people with assets of over one million – in the country has gone down ten times. […]
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