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CORPORATE

Lithuanians spent 25% more in Poland in the last quarter of 2015

Lithuanians spent €78 million in Poland‘s shops in the three last months of 2015, according to the Polish Central Information Board (CIV) in a report on money spent in Poland by foreign shoppers. […]

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CORPORATE

Unemployment continues to drop across EU while rising in Lithuania

According to Eurostat, the European Union‘s statistical department, unemployment fell through the Euro zone and the EU in January while growing slightly in Lithuania. […]

Economy

Euro generates savings of over €125m for Lithuania

The introduction of the euro at the beginning of 2015 has had a significant economic impact on Lithuania, its citizens and businesses, according to the Bank of Lithuania (LB). […]

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Society

Foreign nationals make up under 1% of Lithuania’s population

Foreign citizens accounted for 0.8% of the total population of Lithuania on January 1, 2014. Among them, one eight (0.1% of the total population) were citizens of other member states of the European Union (EU), while the remaining share (0.7%) were non-EU citizens. Most foreigners living in Lithuania were from Russia, Belarus, Ukraine, Poland, and Latvia, Eurostat, the statistical office of the EU, reports. […]

Society

Over 100,000 emigrants have returned to Lithuania over the past decade

On International Migrants Day (18 December), Statistics Lithuania announced that, over the last decade, 126,000 new residents immigrated into Lithuania while 438,500 emigrated. From 2005 to 2014, the percentage of emigrants of ages 20-39 grew from 51.9 to 59.2 percent. In 2014, as many as 82 percent of working-age people had not worked for a year or longer before leaving the country. […]

Algirdas Butkevičius
Politics

Lithuanian PM disagrees that income gap is growing

Lithuanian Prime Minister Algirdas Butkevičius has contested suggestions that social exclusion in the country is growing. […]