No Picture
Economy

Lithuanian government plans no major tax changes in 2015

Lithuanian Prime Minister Algirdas Butkevičius claims that the government is not planning to make any major changes to the tax system next year or introduce any new tax exemptions. He adds that a rise in the excise duty on alcoholic drinks is considered. […]

Gitanas Nausėda
Economy

Lithuania could lose up to 5 percent of GDP due to Russian sanctions

Analysts at SEB Bankas estimate that Lithuania’s maximum economic losses in case of Russia‘s complete import ban could reach up to 5 percent of the gross domestic product, noting that such losses would be quite painful. […]

No Picture
Economy

Lithuanian tourism presented to over 100 Russian journalists

More than 100 representatives of Russia‘s national and local media have visited Lithuania this year at the invitation from the State Tourism Department. […]

Notary's office
Economy

Lithuanian parliament makes notarization of large transactions mandatory

The Lithuanian parliament has passed legislative amendments, put forward by President Dalia Grybauskaitė, that make it mandatory for parties to large transactions to get them attested by a public notary starting next year. […]