CORPORATE

Bank of Lithuania forecast – how will we live next year?

Employers are struggling for employees still remaining in Lithuania and are raising wages at the fastest rate in the European Union, but emigration is hurting long term economic growth. […]

CORPORATE

Lithuanian government borrows €15m

Lithuania issued government bonds worth €15 million on Monday. The state will pay 0.489% interest on average for the bonds that will mature in eight years. By 1 July, the central government’s debt amounted to […]

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CORPORATE

Lithuania runs current account surplus in first quarter of 2016

Lithuania ran a current account surplus of €37.1 million in the first quarter of 2016 compared to a deficit of over €300 million in the first quarter of 2015. The current account surplus was equal […]

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Opinion

What would effects of Brexit be on Lithuania and wider world?

In three weeks, British citizens are voting on whether to remain in the European Union. The results of the referendum are hard to predict with any certainty, but one thing is clear – Brexit would be most painful for the United Kingdom itself and the country’s economy. The situation of expat Lithuanians would also be inevitably affected. […]