Economy

“K-shaped” recovery and have the Baltic economies joined the Northern European League?

The COVID-19 recession was widely expected to be the worst global economic crisis since the Great Depression and much worse that the Great Recession of 2008-2009. It can still be, but recent economic data suggests […]

Nerijus Mačiulis
Economy

Mačiulis. The decade of records, prosperity and progress

The second decade of the 21st century, which was also the third decade after the re-establishment of the Republic of Lithuania, was exceptionally high. The 2010s in Lithuania were marked by a rapid rise of […]

Vilius Šapoka
Economy

Lithuania must save for future amid growing economy – Minister of Finance

Lithuania formed a surplus 2018 state budget for the first time since regaining independence in 1990, says Finance Minister Vilius Šapoka, adding this is necessary amid fast economic development and the need to accumulate reserves for a rainy day. […]

Rivona warehouse
Economy

PM sees no signs of crisis

Lithuanian Prime Minister Saulius Skvernelis said on Wednesday that he saw no signs of crisis after Ramūnas Karbauskis, chairman of the ruling Lithuanian Farmers and Greens Union (LFGU), mentioned earlier in the day that another global economic crisis might be on the way. […]