CORPORATE
GDP
CORPORATE
Lithuania‘s black economy ‘is bigger than entire state budget’
The black economy in Lithuania is estimated to be worth more than €9 billion, or more than one billion euros more than the country‘s budget this year, which includes EU funding and other international supports. […]
CORPORATE
Low life expectancy rate ‘a huge problem for Lithuania’
Lithuanian population productivity, compared to Western European countries remains very low and the International Monetary Fund (IMF) think this problem could be best solved by extending the life expectancy rate in Lithuania. “Life expectancy is […]
CORPORATE
Defence
CORPORATE
What should Lithuania do to increase the impact of tech industry on economy?
Lithuania’s information technology sector is frequently discussed as a growing part of the economy, attracting foreign investment, bringing the benefits of job creation and increased taxes for the state. However, director of IT solutions company […]
CORPORATE
Brussels forecasts slower growth for Lithuania
Lithuania’s economy will grow, but at a slower pace than predicted, according to European Commission forecasts with GDP growing by 3.1% in 2017 instead of the 3.4% previously predicted. However, the Commission said Lithaunia‘s economy […]
CORPORATE
Are Lithuania’s regions benefiting from economic growth?
Despite the Lithuanian economy growing for six consecutive years, the gap between regions in the country is not decreasing, according to the Swedbank Finance Institute’s annual comparative analysis of municipalities. “Along with economic exclusion, social […]
CORPORATE
Lithuania‘s economy to grow faster this year, say analysts
Lithuania‘s economy will grow faster this year driven by increases in exports and strong domestic demand, according to SEB Bank. SEB analysts expect that GDP growth in 2016 will be 2.8% and rise to 3.2% […]
CORPORATE
Lithuanian government targets budget surplus
The Lithuanian government is planning to have a balanced budget in 2017 and run a small surplus in 2018-2019, according to the Stability Programme presented by the Ministry of Finance on Wednesday. “This would allow […]
CORPORATE
Why are Lithuanian wages the lowest in the region? – An economist explains
The absence of an increase in foreign direct investment into Lithuania is one of the key reasons why the average wage in Lithuania is the lowest in the region. “The ratio of attracted investment is […]
Economy
Lithuania’s economic growth ‘green and sustainable’, climatologist says
Lithuania’s economy is growing without raising greenhouse gas emissions, suggesting that the country’s development is environmentally sustainable, says climatologist Arūnas Bukantis. […]
CORPORATE
Drastic changes needed in Lithuanian armed forces
After years of under-investment, a once-comatose Lithuanian army must now learn to walk again, and do so quickly, say high-ranking officials. […]
Uncategorized
What would economic disintegration in Russia look like?
Russia’s economy will likely contract gradually over the next three to four years and then become increasingly socialized, as the government implements price and currency controls, monopolizes foreign trade, embarks on a large-scale nationalization of private industries, and increasingly regulates salaries and consumption. […]
CORPORATE
Lithuania in world‘s top 10 for leasing finance
Lithuania has the ninth highest level of leasing finance in the world with lease agreements signed amounted to more than a billion euros last year in Lithuania. A third of leasing finance was used for […]
CORPORATE
Lithuanian companies increase investments as profits peak
Lithuanian businesses are decreasing savings and increasing investment as profits almost hit pre-crisis highs, with growing salaries and domestic consumption, and positive trends in Lithuania’s main export markets. Bank of Lithuania data shows that the […]
Economy
Lithuania’s economy ‘four years behind Estonia’ – Danske Bank
It will take three to four years for Lithuania’s economy to reach where Estonia is today, says Rokas Grajauskas, economist for Danske Bank. […]
Economy
Corruption costing Lithuania up to €8bn a year – EU study
Corruption could be costing the Lithuanian economy up to €8 billion a year, according to a new study of studies published by the European Union. […]
CORPORATE
CORPORATE