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Economy

Seimas approves ceiling on social security contributions

Following years of discussions, the Lithuanian parliament endorsed on Thursday the government’s proposal to set an income ceiling on social insurance contributions. […]

MSC Francesca
Economy

Lithuania’s Klaipėda welcomes largest container ship in its history

Lithuania’s port of Klaipėda on Sunday welcomed the largest container ship, Francesca, to ever enter the port in its history. […]

Economy

Lithuania’s Jan-May budget revenue EUR 14.3 mln below target

Lithuania’s central government and local authorities collected a total of 3.452 billion euros in budget revenue between January and May, some 14.3 million euros, or 0.4 percent, less than expected, but 187.3 million euros, or 5.7 percent, more than in the same period last year, the Finance Ministry said on Monday. […]

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Economy

Lithuania’s coastal businesses fail to attract football fans heading to Kaliningrad

Businesses in Lithuania’s coastal cities of Klaipėda and Neringa have failed to attract football fans heading to Russia‘s region of Kaliningrad to watch World Cup matches. […]