Gitanas Nausėda
CORPORATE

Brexit would cause ‘a string of problems’ for Lithuania – economist

Economist Gitanas Nausėda says that not only Lithuania‘s exports would suffer after Brexit, but so would its real estate and retail markets as a result of Lithuanian expatriates sending less money they make in the […]

Energy

Doha oil talks failure ‘beneficial to Lithuania’

The failure of oil-exporting countries to agree in Doha on freezing production is beneficial to Lithuania and other oil importers, a leading economist says. […]

CORPORATE

Can Lithuania compete with cheaper Polish produce?

Lithuanian shoppers have been making shopping trips to neighbouring Poland where despite comparable living standards prices of food and other goods are considerably cheaper. […]

LNG Terminal
CORPORATE

Will consumers feel lower gas prices?

Consumers will not see a big drop in the price of their gas following a new deal between Lithuanian gas trading company Litgas and Norway‘s Statoil which will cut the wholesale liquefied natural gas price by more than a third and reduce the maintenance costs of the LNG terminal by 23%. […]