Lithuania’s Finance Minister Vilius Šapoka called on the eurozone and the European Union to establish a single anti-money laundering system after a money laundering scandal hit the Swedish banking group Swedbank on February 20. […]
15,000 Vilnius marathon participants will get a chance to use Lympo Run, an app which will reward runners with crypto tokens for running, a press release from Lympo states. […]
Danske Bank Group announced that it is stopping onboarding new local customers in Lithuania and plans to exit from serving local business and private banking customers. Although it was announced that it means no immediate changes for current local customers, customers are free to look for other banking services. […]
Citizen and business purchasing power growth does not compensate a declining population and this is one of the reasons for the withdrawal of Danske Bank, financial analyst Jekaterina Rojaka told LRT Radio in the show […]
A growing economy not only strengthens a country‘s image abroad, but also means better living conditions for its people. Lithuanian economists predict that this year the Lithuanian economy will grow far more rapidly than last year. Exports, however, will not be the main factor of this. […]
Danske Bank‘s chief economist for the Baltic countries believes that Lithuania’s incoming government should give priority to reforming the country’s education system in order to improve the situation in the labour market and help ensure sustainable economic growth, but he warns that possible differences in opinions between the ministry and the Seimas may prevent major changes from occurring. […]
The total debt of Lithuanian companies at the moment is around a billion euro. The level of debt is however decreasing, while crediting conditions and business liquidity have been improving, suggesting the beginning of a […]
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