Fitch Ratings has affirmed Lithuania’s Long-term foreign and local currency Issuer Default Ratings (IDR) at A-. The outlooks are stable, the rating agency said in a statement, Reuters quotes Fitch. […]
Member of Parliament, chairman of the Order and Justice Party parliamentary group Petras Gražulis has proposed a law that the minimum monthly salary could not be lower than half of the average salary in Lithuania. […]
The Bank of Lithuania, for the first time, invested a small part of its foreign reserve assets in China‘s securities. To do that, Lithuania’s central bank had to receive the approval of the People’s Bank of China and finish necessary legal procedures for investment in China’s capital market. […]
The seven winners of the 8th edition of European Enterprise Promotion Awards (EEPA) were announced on Thursday. Lithuania’s App Camp was recognized for its project Mobile Apps Laboratories, an initiative that, according to the jury, best promotes entrepreneurial spirit. […]
Since the beginning of September, the State Consumer Rights Protection Authority (VVTAT) has received more than 150 complaints related to the Euro adoption. […]
This Friday in Kiev, the State Tourism Department of Lithuania (VTD) and the Lithuanian Embassy in Kiev are promoting tourism to Lithuania. Representatives of Ukrainian travel agencies that are already working with Lithuania and new ones will be taking part in the presentation. […]
In the report on the implementation of the SBA (Small Business Act for Europe), Lithuania is above the European Union’s (EU) average in the areas of entrepreneurship, administration, state support and public procurement, funding possibilities and business conditions. The report was presented on Friday in Naples, Italy, during the 2014 SME Assembly. […]
Excessively optimist forecasts and no instruments for boosting the domestic market in the 2015 Lithuanian budget proposal may lead to economic problems, says Gitanas Nausėda, adviser to the SEB bank president. […]
The Prosecutor General‘s Office announced on Thursday that the decision to terminate the pre-trial investigation into the actions of Bank Snoras bankruptcy administrator Neil Cooper was both lawful and legal. […]
Japanese games industry research and analysis agency Media Create has identified Lithuania as the hottest spot for game producers in Central and Eastern Europe in a new report. […]
The Lithuanian Ministry of Finance proposes to scrap a VAT exemptions for district heating, saying that a draft state budget for 2015 earmarks sufficient funds to compensate low-income families for increased heating bills. […]
Air Lituanica, an airline controlled by the city of Vilnius, has signed a cooperation agreement with Air France and KLM Royal Dutch Airlines for connecting flights to Paris and Amsterdam. […]
The EU project SmartFlex has announced the completion of a production line for manufacturing individually designed solar photovoltaic (PV) façades on an industrial scale. […]
The European Commission has adopted a new programme for emergency market measures for perishable fruit and vegetables in the wake of the Russian ban on imports of certain EU agricultural products, the EC informs. […]
The European Commission continues its efforts to obtain the release of Jūros Vilkas (Sea Wolf), a Lithuanian fishing vessel detained in the Russian port of Murmansk. […]
The European Union (EU) is concerned by the Russian decision to arrest the Lithuanian fishing vessel Jūros Vilkas (Sea Wolf) and demands that it be released without delay, reads a communiqué published on Tuesday. […]
African swine fever (ASF) was ascertained after testing samples of a hunted wild boar in Alytus district, the State Food and Veterinary Service (VMVT) has informed. This is the seventh ASF case in wild boar population in Lithuania and second in Alytus district this year detected in wild animals. […]
Lithuanian capital’s public transport drivers threaten to go on strike due to salary delays. […]
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