No Picture
Economy

Sales of new apartments in Vilnius surpass record year of 2014

Between January and September 2015, real estate developers sold 2,650 new apartments in Vilnius, 8 percent more compared with the same period last year. Supply in a year grew 26 percent, to 4,200 apartments. […]

Swedish Business Awards 2015
Economy

Swedish Business Awards: Swedish businesses choose Lithuania for modern ideas and smart people

Lithuanian President Dalia Grybauskaitė together with King Carl XVI Gustaf of Sweden, who is on a state visit in Lithuania, attended the Swedish Business Awards Ceremony on Thursday. […]

No Picture
Economy

Concerns about Lithuania’s budget deficit

After the Finance Ministry has submitted proposal for the 2016 state budget, which envisages a slightly bigger fiscal deficit than this year, the National Audit Office says this raises the risk for long-term sustainability of government finance. President Dalia Grybauskaitė warns that Lithuania might exceed the limit provided by the EU’s fiscal compact. […]

No Picture
Economy

Lithuanian parliament clamps down on instant credit loans

The Seimas of Lithuania, parliament, has approved amendments to the Law on Consumer Credit which are aimed at regulating the consumer credit market in order to promote responsibility of consumer credit lenders and their clients. […]