Pensioners
Economy

PM pledges to raise pensions, if economy grows

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. […]

Luminor bank
Economy

DNB, Nordea name their combined Baltic bank Luminor

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. […]

A wallet
Economy

Lithuania should improve tax collection figures – Dombrovskis

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 […]

President Donald Trump addressing the US Congress
Economy

Trump won’t destroy world economy – Lithuanian economist

US President Donald Trump will not derail world economy or revise its course, says Gitanas Nausėda, adviser to SEB Bankas’ president, noting that one person can cause problems but is not influential enough to bring down a growing economy. […]