Euros
Economy

Lithuania to have surplus 2018 budget – Minister of Finance

Lithuania’s 2018 budget will have a surplus, Finance Minister Vilius Šapoka has pledged, however, did not specify how much the the state revenue would exceed the spending. […]

Vilnius National Stadium
Economy

Poland’s Budimex staying in Lithuanian natl stadium tender – Vilnius municipality (Updated)

Budimex, one of Poland’s biggest construction groups, has decided to stay in the bidding process for a concession to build and operate a 90-million-euro national stadium in Vilnius, the Lithuanian capital’s municipality said. […]

No Picture
Economy

Minimum wage to be raised by more than EUR 10 in January – PM

Lithuania’s minimum monthly salary will be raised by more than 10 euros next January, from the current 380 euros, Prime Minister Saulius Skvernelis said on Thursday. […]

No Picture
Economy

PM says alcohol excise hike brings expected results

Lithuanian Prime Minister Saulius Skvernelis says that this year’s drastic increase in excise duties on alcoholic drinks has produced the expected results as alcohol consumption has fallen, but the state has not lost tax revenue. […]