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% […]
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 […]
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 […]
Lithuania’s economy is growing without raising greenhouse gas emissions, suggesting that the country’s development is environmentally sustainable, says climatologist Arūnas Bukantis. […]
After years of under-investment, a once-comatose Lithuanian army must now learn to walk again, and do so quickly, say high-ranking officials. […]
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. […]
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 […]
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 […]
It will take three to four years for Lithuania’s economy to reach where Estonia is today, says Rokas Grajauskas, economist for Danske Bank. […]
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. […]
Lithuania’s Ministry of Finance has significantly revised down its forecasts for GDP growth in 2016 to 2.5% for the year, down from the 3.2% growth predicted last year. […]
Gitanas Nausėda, Žygimantas Mauricas and Nerijus Mačiulis, all economists at leading commercial banks in Lithuania, are optimistic about Lithuania’s economy in the coming year but they highlighted some of the greatest economic risks Lithuania faces in the coming year – most of them international rather than domestic. […]
Lithuanians are happier than either Latvians or Estonians, but not as happy as people in Russia or Poland, according to the World Happiness Index. The world’s happiest people live in the Nordics and Switzerland. […]
Lithuania’s cities will need to specialise more in specific industries and capabilities it they want to remain competitive in attracting foreign direct investments, said Dr Samir Hamrouni, head of the World Economic Zones Organization and the chief advisor at the Dubai technological park, Silicon Oasis. […]
Lithuanian economists have criticized the government’s “inaction”, saying that the country’s economy have grown despite rather than because of its economic policies. However, challenges loom ahead. […]
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