In September, apartment prices dropped the most in Tallinn, by 4.1 percent. In Vilnius they decreased marginally, by 0.2 percent. Meanwhile, in Riga apartment prices remained without changes compared to the previous month. […]
Lithuania’s statistics office cannot say if prices are rising due to the country’s upcoming euro adoption, noting that discounts and seasonal factors continued to have the biggest impact on prices in September. […]
The Chairman of the Board of the Bank of Lithuania, Vitas Vasiliauskas, has begun his visit in Washington DC, where on 10-12 October he will take part in the annual meetings of the International Monetary Fund (IMF) and World Bank. Here the heads of central banks and ministers of finance will seek to coordinate actions that would speed up economic growth and ensure long-term development. During the meetings it is planned to announce the updated world economy projections, the Bank of Lithuania informs.
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In 2013 spending on research and experimental development (R&D) increased by 11.4 percent compared with 2012 and reached LTL 1.15 billion (EUR 332 million). […]
The European Commission has confirmed that the Lithuanian fishing vessel Jūros Vilkas (Sea Wolf) was not in Russian waters when it was apprehended and forcibly towed to the northern port of Murmansk, the Lithuanian Agriculture Ministry said on Thursday. […]
Parliament Speaker Loreta Graužinienė reckons that next July the minimum monthly salary could rise by LTL 100 (EUR 29). The head of Parliament is also open to discussions over the increase of non-taxable minimum income. […]
Lithuania might soon be allowed to export meat products to the United States of America, the Baltic country’s Prime Minister Algirdas Butkevičius has been informed. […]
Britain’s law firm DLA Piper has won a contract worth 2.472 million euros, including VAT, to advise Lithuania’s shut-down Ignalina Nuclear Power Plant (INPP), which is carrying out multi-billion-litas decommissioning projects. […]
Prices of consumer goods and services increased by 0.4% in September, compared with August, while consumer prices declined by 0.1% in annual terms. Average annual inflation remained at 0.2% in September and was 1.5 percentage points lower than a year ago. […]
Lithuania’s Economy Minister Evaldas Gustas has signed an agreement of a European Cooperating States with the European Space Agency (ESA) in Paris. […]
International Monetary Fund (IMF) forecasts that Lithuania’s GDP will grow 3 percent this year and 3.3 percent next year. […]
The IMF mission chief for Lithuania sees no room for further increases in minimum monthly wages, saying that the ratio of minimum wages to average wages is rather high already, the business daily Verslo Žinios reports. […]
With Lithuania’s authorities planning to increase spending on national defence and to compensate for pension cuts, the economy might not grow fast enough to support increases in public spending and the government next year may have to broaden the revenue base and cut back on some expenses, the International Monetary Fund (IMF) said on Tuesday. […]
Eesti Meedia Group, the owner of 15min.lt, one of the leading online news outlet in Lithuania, is buying Allegro Baltics from South African-owned Naspers. […]
The first batch of the Lithuanian euro coins left the vault of the Bank of Lithuania on 6 October. It is designated to one commercial bank, which was the first to take 2-euro coins for EUR 45,000, the central bank said in a statement on Monday. […]
Lithuania’s national budget will most likely be balanced in 2017 instead of 2016, as expected before, Finance Minister Rimantas Šadžius says. […]
After ten years of planning, Transachema, a company of the Achema Group (AG), is ready to start operating as a private rail carrier by using public infrastructure of the state-owned company Lietuvos Geležinkeliai (Lithuanian Railways). […]
On Monday, Lithuanian Minister of Finance Rimantas Šadžius and representatives of the International Monetary Fund‘s (IMF) mission summed up the mission’s visit to Lithuania. […]
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