Economy Archives - Page 54 of 144 - the Lithuania Tribune

Special envoy of Denmark comes to discuss the future of European Medicines Agency

March 16, 2017 Lithuania Tribune 0

On 22 March 2017 Denmark’s special envoy, Lars Rebien Sørensen, will be visiting Lithuania to present the Danish candidacy for hosting European Medicines Agency (EMA) and draw attention to the advantages of the Danish bid. He will meet with Lithuanian high level officials in order to explain why Denmark is working towards getting the EMA relocated from London to Copenhagen. the Danish Embassy in Vilnius announced in a press release. […]

Government, employers, unions finish discussions on new labour code

March 16, 2017 BNS EN 0

Representatives of the Lithuanian government, employers and trade unions signed an agreement on a number of issues during the last meeting of the Tripartite Council on Wednesday, the Social Security and Labour Ministry said. […]

Minister of health asks producers cut medication prices

March 15, 2017 BNS EN 0

Lithuania’s Health Minister Aurelijus Veryga has asked pharmaceutical manufacturers to lower prices for Lithuania, while representatives of the manufacturers say the call may have no effect, if the pharmaceutical pricing system is not revised. […]

Three bid in National stadium tender, door closed for Italian company

March 14, 2017 BNS EN 0

Three Lithuanian and foreign companies or consortia have passed the pre-selection stage of the bidding process for a concession to build and operate a 90-million-euro national stadium in Vilnius. The fourth potential bidder, Italy’s Pessina Costruzioni, missed the deadline for submitting its application. […]

Two Lithuanias and solutions to the puzzle of inequality

March 13, 2017 BNS EN 0

Social and economic inequality is a painful topic for any society facing the effects of globalisation. In recent years inequality has separated the Lithuanian capital from the rest of the country. Potential solutions were discussed […]

PM pledges to raise pensions, if economy grows

March 13, 2017 BNS EN 0

Lithuania’s Prime Minister Saulius Skvernelis has restated plans of raising pensions, if the country’s economy grows, adding that this would not depend on political will. […]

Government approves programme implementation plan

March 13, 2017 BNS EN 0

Lithuania’s government on Monday approved a plan for implementation of its programme. […]

Air Baltic cancels flight from Vilnius to Berlin

March 13, 2017 BNS EN 0

Latvia’s Air Baltic airline has canceled a flight from Vilnius to Berlin and back on Monday due to a strike in progress in airports of the German capital. […]

PM sees plans to terminate contracts with Hanner as blow to investment setting

March 8, 2017 BNS EN 0

The intentions of the Lithuanian National Land Service to terminate contracts with real estate developer Hanner over the lease of the territory of the former Žalgiris Stadium in Vilnius is a blow to the investment environment, Prime Minister Saulius Skvernelis has stated. […]

President moves to give public authorities free access to registers

March 7, 2017 Lithuania Tribune 0

Lithuanian President Dalia Grybauskaitė proposes that public authorities should be given free access to the state’s registers. […]

DNB, Nordea name their combined Baltic bank Luminor

March 7, 2017 Lithuania Tribune 0

The name of DNB’s and Nordea’s proposed combined bank in the Baltics will be Luminor. Announcing the new brand is another major milestone in establishing the combined bank. […]

Riga minibus operator, Lithuania’s Transrevis wins Vilnius public transport contract

March 7, 2017 BNS EN 0

A consortium of Latvia’s minibus passenger service operator Rigas Mikroautobusu Satiksme (RMS) and Lithuania’s intercity minibus service operator Transrevis will operate one-tenth of Vilnius’ public transport service routes after winning one of two parts of a tender announced by the Lithuanian capital to select private passenger service providers. […]

Lithuania’s spending on social security among EU’s lowest

March 6, 2017 BNS EN 0

The Lithuanian government’s spending on social security was one of the lowest among all 28 members of the European Union (EU) in 2015, Eurostat said on Monday. […]

Šaučikovas to become CEO of 15Min, BNS Lithuania

March 6, 2017 BNS EN 0

Ramūnas Šaučikovas will become the CEO of 15min, one of the biggest news environments in Lithuania, and BNS Lithuania as of March 6. […]

Some Lithuanian municipalities buy social housing above market price – state auditors

March 3, 2017 BNS EN 0

The Lithuanian State Audit Office has criticized some municipalities for the way of managing and distributing social housing. […]

Lithuania should improve tax collection figures – Dombrovskis

March 3, 2017 BNS EN 0

European Commission (EC) Vice-President Valdis Dombrovskis has stated in Vilnius that Lithuania should give up some value-added tax (VAT) privileges amid projected growth of state spending, as well as improve the collection of VAT and residents’ income tax. He also stressed the substantial progress made by Lithuania in the implementation of earlier EU recommendations […]

Natl Stadium concession tender must be extended until 4th application

March 3, 2017 BNS EN 0

Three consortia of companies have applied for construction and management concession of the 90 million euro National Stadium in Vilnius, with a decision on the fourth one yet to be made, Remigijus Šimašius, mayor of the Lithuanian capital, told BNS. […]

Government to complete pension system reform by late 2019

March 2, 2017 BNS EN 0

The Lithuanian government led by Prime Minister Saulius Skvernelis intends to make the first decisions in connection to restructuring of the pension system in the nearest future, while implementation of all reforms may take until the end of 2019, according to the measures of the government plan published on Thursday. […]

Lithuanians advised to make additional contributions, return to Sodra – FinMin

March 2, 2017 BNS EN 0

Lithuanian residents who are expected to have the lowest old-age pensions will be advised to make additional contributions to their pension fund or return to the state-run social insurer Sodra, says Finance Minister Vilius Šapoka. […]

SoDra postpones recovery of fees from emigrants until late March

March 2, 2017 BNS EN 0

After waiting for documents from emigrants about compulsory health insurance fees paid in foreign countries, the Lithuanian state-run social insurer, Sodra, has so far failed to check all documents and will postpone the recovery until the end of March, says Sodra chief Mindaugas Sinkevičius. […]