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. […]
The real estate agency Citus is merging with RE/MAX Lietuva to form the biggest real estate firm in Lithuania with over 220 agents. […]
Julius Numavičius, a shareholder of Vilniaus Prekyba group which owns Lithuania’s biggest supermarket chain Maxima, has asked a court to block another shareholder, Žilvinas Marcinkevičius, from selling his stake in the company. […]
Lithuania’s Financial Crime Investigation Service (FNTT) is to investigate the involvement of Lithuanian banks in offshore deals revealed in the Panama Papers. […]
Documents leaked from the Panamanian law firm Mossack Fonseca reveal a suspected billion-dollar money laundering ring involving close associates of Russia‘s President Vladimir Putin. A Lithuanian bank could have been involved in the schemes. […]
Lithuania is looking to begin exporting dairy products to Brazil as soon as possible, according to Lithuanian Minister of Foreign Affairs Linas Linkevičius. […]
The Lithuanian parliament, Seimas, Friday struck down a controversial piece of legislation adopted a week ago to regulate milk prices. […]
Lithuania’s residential property prices fell 2.1% in the fourth quarter of 2015, according to data from Statistics Lithuania. […]
The city of Vilnius has authorised the sale of products from automobiles and automobile trailers, paving the way for food trucks to operate throughout the city. […]
The Lithuanian government has greenlit using money from European Union structural funds to finance informal learning programmes in Lithuanian schools. […]
The Swedish clothing retailer H&M (Hennes & Mauritz) is opening its first store in Kaunas, Lithuania’s second city, this year. […]
Corruption could be costing the Lithuanian economy up to €8 billion a year, according to a new study of studies published by the European Union. […]
There is no need for such drama over Lithuanians’ shopping trips to Poland with the same cross-border shopping happening between countries across the world, according to Lina Antanavičienė, an adviser to Lithuanian President Dalia Grybauskaitė. […]
On Friday, Lithuanian Prime Minister Algirdas Butkevičius said that China will allow Lithuanian dairy products to enter the Chinese market and that Chinese certificates will soon reach Lithuania. […]
Belgium’s Brussels Airlines, which suspended flights to Vilnius after Tuesday’s terrorist attacks in Brussels‘ Zaventem airport, is moving its flights to the airport of Liege, located approximately 80 kilometres east of the Belgian capital. […]
Lowering the value-added tax (VAT) rate for all goods and services would be preferable to exemptions on select products, like food, Lithuania’s Finance Minister Rimantas Šadžius. […]
Lithuania scored well on this year’s Economic Freedom of the World index, which put it in the 19th spot, ahead of other Baltic states and many European Union members. However, further advances could be hampered by corruption, says Fraser Institute economist Dr. Robert Lawson. […]
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