The number of Lithuanian residents with financial pressures last year was one of the largest among the European Union‘s 28 member states, according to Eurostat, the EU’s statistics department. […]
The Panama Papers can offer some insight into Lithuania’s oil industry at its crucial moment two decades ago as documents leaked from the Panamanian law firm Mossack Fonseca reveal bank accounts in Switzerland of former and present heads of Lukoil Baltija and Mažeikių Nafta. […]
Auditors have slammed Vilnius municipal heating company, Vilniaus Šilumos Tinklai (VŠT, Vilnius Heating Grid), for extending multi-million-euro loans to Air Lituanica, a municipal airline that went under last year. […]
Despite the sparse distribution of charging stations, more and more drivers are choosing to use quieter and more economical electric vehicles. […]
Nine out of ten German investors in Lithuania are happy with their choice to invest in the country, although many believe that the government could do more in areas like labour law and professional training, according to a survey by the German-Baltic Chamber of Commerce (AHK). […]
As Lithuania’s regions face a growing emigration crisis, some have begun calling for measures to deal with the aging apartment buildings that have been left behind as communities shrink. […]
Lithuania offers the fourth highest number of paid holidays for its workers in the world according to a new statistical analysis. […]
Lithuania has sent its first shipment of meat products to the United States, Prime Minister Algirdas Butkevičius said on Tuesday. […]
Businessman Nerijus Numavičius, Lithuania’s richest man, has officially become a taxpayer in the United Kingdom, where he resides, and can choose which country gets his tax money, 15min.lt reports. […]
Lithuania has been named among the 50 cheapest countries in the world to live in. […]
Minimal social insurance contributions should be paid as a percentage of the minimum wage even by employees who make less than that, says Mindaugas Sinkevičius, director of Lithuania’s Social Insurance Fund (Sodra). This would disincentivize employers to pay part of their employee’s wages illegally. […]
The beginning of spring in Lithuania’s real estate market has been intense with 23% more deals concluded in March than the previous month. […]
Vilniaus Prekyba Group shareholder Žilvinas Marcinkevičius has sold his 15% stake in the company to its majority shareholder Nerijus Numavičius after a court rejected an injunction request. […]
It will take three to four years for Lithuania’s economy to reach where Estonia is today, says Rokas Grajauskas, economist for Danske Bank. […]
Lithuanian citizens still have a tough time accessing data about how state institutions are using taxpayer’s money. […]
Žilvinas Marcinkevičius will be allowed to sell his 15% stake in Vilniaus Prekyba, the largest business group in Lithuania, to Lithuanian billionaire Nerijus Numavičius‘ Bertona Holdings Limited after a Vilnius court rejects a request by another shareholder to stop the deal. […]
The leaked documents from the Panamanian law firm Mossack Fonseca reveal that Lithuania’s Ūkio Bankas served as an intermediary in dubious transactions involving a close friend of Russian President Vladimir Putin. […]
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