CORPORATE
Baltic M&A market grows 28% in 2016
The level of mergers and acquisitions in the Baltic states grew by 28% in the first four months of this year, bucking a global decline in M&A, according to a report by Prudentia. In the […]
Development
CORPORATE
Lithuanian IT entrepreneurs find success in Africa
Lithuanian IT entrepreneurs are increasingly looking to Africa to grow their business and develop new products, with a range of companies from Lithuania already building a strong track record of success on the continent. “The […]
Economy
Small businesses willing to borrow to expand
Small businesses in Lithuania are willing to invest into expansion, according to a survey. […]
Economy
EC to give €53 million to foster growth across Lithuanian-Polish border
On Wednesday, the European Commission adopted the new cross-border cooperation programme INTERREG V-A Lithuania – Poland, whose total budget is €62 million, of which more than €53 million will be provided from the European Regional Development Fund (ERDF). […]
Foreign affairs
Lithuania falls short of its development aid commitments
Proudly transitioning from an aid receiver to an affluent Western society, Lithuania has yet to live up to its commitments of financial help to the world’s poorest. […]
Economy
Lithuania receives first installment of EIB loan
On Thursday, 8 October, Lithuania received the first part of a loan from the European Investment Bank (EIB), EUR 300 million. Lithuania will pay 1.51 percent annual interest which has been fixed for the duration of the loan, i.e., 25 years. […]
Society
Lithuania ranked 56th in World Happiness Report
Based on the latest survey, the World Happiness Report 2015, Lithuania is 56th on the list of the world’s happiest countries. The report was produced by the Sustainable Development Solutions Network (SDSN) on the United Nations initiative and includes 158 countries. […]
Opinion
Opinion: Stress-testing welfare states
I would like to present an innovative way of seeing how the welfare state can mitigate wide-spread socio-economic risks and measure individual vulnerability to poverty. This will help address the issue of whether we are living in a society of risk and anxiety or whether the welfare state, with its social protection system, can mitigate these risks and safeguard people from falling into poverty. […]
Economy
Lithuanian government wants 40 percent of export production based in regions
The Lithuanian Government and business promotion organizations want to achieve the goal of producing 40 percent of the country’s export production in the regions by the end of this decade. Around two fifths of new businesses are sought to be established in Lithuania’s regions. […]
Economy
EC confirms Lithuania’s Rural Development Programme
On Friday, the European Commission officially confirmed the Lithuanian Rural Development Programme. […]
Politics
Lithuania shares regional development and local governance experience with Ukrainian officials
Deputy Minister of Regional Development, Construction and Housing and Communal Services of Ukraine Roman Chuprynenko during his meeting with Lithuanian Deputy Interior Minister Julius Morkūnas was presented with Lithuania’s experience in the area of reforms of regional development and local governance, the Interior Ministry said. […]
Economy
Rural Development Programme distributed 90 percent of support to Lithuanian beneficiaries
According to the data of the end of December 2014, EUR 2 billion or 90 percent of financial support of the Rural Development Programme for 2007-2013 (RDP) were already paid to Lithuanian beneficiaries. […]
Foreign affairs
Lithuanian president leaving for Davos to attend World Economic Forum
Lithuania’s President Dalia Grybauskaitė is leaving for the Swiss ski resort of Davos on Wednesday to attend the prestigious World Economic Forum. […]
Society
Lithuania moves up in UN Human Development Report
Lithuania has moved up in the recently released United Nations’ Human Development Report which measures improvements in health and longevity, income and education, and personal security. […]