Gediminas Šimkus EN

  • Economy

The biggest threats to the Lithuanian economy: is economic contraction just the beginning?

Lithuania's gross domestic product (GDP) has been declining for two consecutive quarters. When this happens, the country is considered to…

1 year ago
  • Economy

Newest Bank of Lithuania forecasts: what awaits in 2019

After evaluating world and the country’s economic trends, the bank of Lithuania is lowering this year’s economic growth forecast from…

6 years ago
  • Economy

Lithuanian central bank says increase in retirement age ‘inevitable’

As Lithuania's population declines, the country may have to increase its retirement age in the future to solve the problems…

6 years ago