Labour Code
Economy

Lithuania may lose competitiveness if it abandons new labor code – IMF

Lithuania would not be able to remain competitive if it abandoned a new Labour Code that has been passed by the Seimas, but vetoed by the president, the International Monetary Fund said. […]

Economy

Lithuanian stores to demand IDs from all alcohol buyers

All alcohol buyers, irrespective of their apparent age, will from now on be asked to produce identification documents in most supermarkets across Lithuania. Critics of the initiative, proposed by the country’s majors retail chains, say it is a trick to exert pressure on politicians considering further alcohol sales restrictions. […]

Economy

Amber tourism offers untapped opportunities for Lithuania – Neringa mayor

Amber trinkets and souvenirs are bountiful in Lithuanian souvenir shops and, if you are lucky, you can find pieces of amber washed on the Baltic shore after a storm. However, Lithuania could make better use of the ‘Baltic gold’ to attract more tourists, the mayor of Neringa believes.

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Gitanas Nausėda, Jolanta Blažytė, Robertas Dargis
Economy

Lithuania’s most influential entrepreneurs and economists

Economist Gitanas Nausėda and businessman Robertas Dargis are believed to be the most influential figures in Lithuania’s business and economy, according to a survey by DELFI. […]