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. […]
The first Wizzair plane from Luton Airport near London landed in Palanga Airport on Wednesday with the western part of Lithuania becoming an important transport hub. […]
About 3,000 dairy farmers are planning to rally outside the Ministry of Agriculture in Vilnius next week, demanding government assistance amidst collapsing milk prices. […]
Lithuania’s Prime Minister Algirdas Butkevičius has invited China’s online retail giant Alibaba Group to set up a logistics and packing center in Lithuania. […]
Lithuania is planning to spend €10 million in 2017 on developing infrastructure for electric cars. Seventeen new charging stations are planned to be installed on highways across the country in addition 150 in cities and towns. […]
Excessive bureaucracy and overly strict rules on bringing in skilled foreign workers for sectors where there are shortages are damaging Lithuanian-based companies’ ability to compete in global markets, according to the head of the Lithuanian Business Federation. […]
On Tuesday, China Merchants Group (CMG), a Chinese state-owned transportation, logistics, real estate and financial conglomerate, confirmed that it will continue with plans to invest in Lithuania, Verslo Žinios reports. […]
School teachers in Lithuania and Latvia are the least earning educators in Europe, according to an updated European Commission report. […]
Spending on social protection by the Lithuanian government was among the lowest in the European Union in 2014, according to new data from Eurostat. […]
Swedbank has been given the go-ahead by Lithuania’s Competition Council to take over the retail banking business of Danske Bank in Lithuania. […]
Lithuanian Airports is to invest €5 million in expanding the passenger terminal at Vilnius Airport to increase its capacity to five million passengers from the current four million capacity. […]
Helisota, a Lithuanian subsidiary of aviation giant Avia Solutions Group (ASG) is to repair Airbus helicopters under a new deal with the world’s largest helicopter manufacturer. […]
The currently existing value-added tax (VAT) of 21 percent can stand to be reduced, believes Prime Minister Algirdas Butkevičius. […]
Lithuanians are bracing themselves for the arrival of sharp winter cold snap over the next week with temperatures expected to plummet to -10 degrees Celsius and blizzards predicted for some areas on Friday. […]
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