Algirdas Butkevičius
Economy

PM apologizes to for massive traffic disruption in Vilnius during euro banknote delivery

Prime Minister has apologized to the residents of Vilnius for traffic disruption caused by the delivery of the first batch of euro banknotes during Wednesday rush hour. […]

Rimantas Šadžius
Economy

Finance minister presents national budget proposal to Lithuanian parliament

Lithuania’s 2015 budget bill will be adjusted if there is reason to believe that the growth of the country’s economy is slightly lower than the currently forecasts, the finance minister has said. […]

No Picture
Economy

Flows of Russian tourists sharply down in Lithuania

The number of Russian tourists in Lithuania is on a sharp decrease, the commercial TV channel LNK reported on Saturday. According to the news broadcast, forecasts are very dim for Christmas and the New Year‘s Eve, periods that would normally attract large flows of Russians to Lithuania. […]

No Picture
Economy

Finance minister: Lithuania’s economic growth won’t be explosive next year

Despite criticism of the Finance Ministry’s optimistic Lithuanian GDP growth forecasts for next year, Finance Minister Rimantas Šadžius says that the country’s economic growth will be faster than in the euro zone but “not explosive” and warns that difficulties caused by the crisis in the EU-Russia relations will be long-lasting. […]