Economy

Government to consider raising non-taxable income level

On Monday, the Government intends to return to the Seimas‘ proposal to increase the non-taxable income (NPD) to €350.

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Algirdas Butkevičius
Economy

Butkevicius says union criticism and ‘a few protesters’ behind presidential veto of Labour Code

Lithuania’s Prime Minister Algirdas Butkevicius has claimed that the Lithuanian President’s decision to veto the new Labour Code could drag it back into a Soviet era and was driven by unions and “several tens of protestors”. […]

Economy

Impacts of Brexit on Lithuanian economy outlined by Finance Minister

The United Kingdom‘s decision to leave the European Union will directly and indirectly affect Lithuania’s economy, the country’s new minister of finance said on Wednesday.

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Daumantas Dvilinskas
Economy

TransferGo raises €3.1m from investors

TransferGo, the Lithuanian international money transfer service has closed a multi-million euro funding round with investors that it hopes will make it a global brand.

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