Money
Economy

Annual inflation jumped to 1.7% at the end of 2016

Annual consumer price growth accelerated to 1.7% in December. Higher prices of food products (dairy products, meat), alcoholic drinks (beer), fuels, tobacco products as well as restaurant services contributed the most to annual inflation. […]

Money
CORPORATE

President signs 2017 state budget

President Dalia Grybauskaitė signed under the 2017 state budget project which already passed in Seimas. […]

Ingrida Šimonytė
CORPORATE

Economists working in Seimas have mixed responses to Budget 2017

Seimas has already finished packing the Christmas gifts we will be enjoying for at least a year. However economists who are members of Seimas are in no rush to celebrate. Liberal Kęstutis Glaveckas says that […]

Heating
Economy

Seimas leaves reduced VAT on heating in place until next June

The Lithuanian parliament has left the reduced 9-percent VAT rate on district heating in place until May 31, 2017, which means that district heating bills will not rise in January. […]