Nobel Prize winner and Yale Professor Robert Shiller overshadowed the entire Fintech Conference on Thursday in the Radisson Blue in Vilnius. More than 500 policy makers, academics and business representatives from Lithuania, the United States, Sweden and several other countries attended the conference addressing various future impacts on financial transactions in the Radisson Blue. […]
Lithuania’s government has decided to raise the next year’s budget spending by 55 million euros, as compared with the initial project, to be able to raise salaries for doctors and public servants, as well as provide more social assistance to municipalities, says Prime Minister Saulius Skvernelis. […]
The Norwegian Embassy in Lithuania in cooperation with the Norwegian Chamber of Commerce hosted on Friday morning a presentation in the Comfort Hotel in Vilnius that allowed for a peek into the various parts that are transforming the energy puzzle. After opening remarks from Anne Sofie Bjelland, the Norwegian Chargé d’affaires, three specialists addressed innovation from very different angles and tackling very diverse aspects of changes affecting energy production and consumption. […]
The Lithuanian government supports a proposal to ban by law the sale of goods designed to promote war and a positive attitude toward aggression against other states. […]
Lithuania’s draft budget for 2018 complies with the fiscal requirements of the Stability and Growth Pact, the European Commission said on Wednesday. […]
The United States’ trade policy and possible negotiations on a free trade agreement with the European Union (EU) will not get in motion anytime soon, as they are not a key priority for the current US administration, say analysts of the US conservative public policy research centre Heritage Foundation. […]
Lithuanian Prime Minister Saulius Skvernelis says that the minimum wage will grow moderately next year and will not have an adverse effect on the country’s competitiveness. […]
Lithuanian Energy Minister Žygimantas Vaičiūnas says that a compromise satisfying all parties would be sought in parliamentary debates on proposals to obligate companies important for national security to notify authorities about large transactions. […]
There is still a lot of industry in Kaunas. A closer look reveals that there is also a lot of innovation going on in and around the city. These were the findings of a large delegation of Danish, Finish, Norwegian, and Swedish Chamber of Commerce participants during last Friday’s visit to Lithuania’s central located industrial hub. […]
After meeting with executives of Ukraine International Airlines last week, the Kaunas city municipality expects to have a route from its local airport to Kiev, Kauno Diena daily said on Monday. […]
The basic amount used for calculating public-sector salaries in Lithuania will likely be raised by 6.5 euros next year, but it will remain below the pre-crisis level. […]
German automotive component giant Continental committed itself to investing 95 million euros in a new factory in Lithuania and the government pledged to assist the company and issue all the necessary permits in a timely manner under an agreement signed in Vilnius on Wednesday. […]
The release of the so-called Paradise Papers, a global investigation revealing offshore activities of some of the world’s most powerful people and companies, has once again highlighted the need for coordinated global action to stop various tax schemes, Lithuanian Finance Minister Vilius Šapoka said. […]
Lithuanian Prime Minister Saulius Skvernelis says that the government could extend the list of professions subject to simplified procedures for employing foreigners if a shortage of certain specialists emerged in the market, but he thinks that there is no need for facilitating entry into the country for all foreigners. […]
Bono, the leader of the legendary Irish music bands U2, has been one of the largest investors in Utena, a city 100 km north of the Lithuanian capital Vilnius, for the past decade, 15min.lt news portal said. […]
Lithuania would not mind if the post-2020 European Union (EU) financial assistance would be linked with a specific country’s performance in structural reforms, says Lithuania’s Finance Minister Vilius Šapoka. […]
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