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CORPORATE

Economist Vytenis Šimkus: how much might Brexit cost Lithuania?

The mists over the future of UK – EU relations currently still lingers. It appears that Theresa May’s cabinet is starting to completely lose control of the situation. According to political experts, the agreement she has obtained has practically no chance of receiving support in the UK’s House of Commons. The European Court of Justice introduced even more uncertainty on Monday, by declaring that the UK can unilaterally cancel the Brexit process, economist Vytenis Šimkus writes on lrt.lt. Currently all the scenarios are plausible, but what could each of them means for the Lithuanian economy? […]

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Economy

Lithuanian government may decide on car tax in fall – finance minister

The Lithuanian government may take decisions on a car tax in the fall in an effort to tackle the pressing problem of pollution and encourage motorists to choose less-polluting vehicles, Finance Minister Vilius Šapoka said on Thursday. […]

Stasys Jakeliūnas, Ingrida Šimonytė
CORPORATE

I. Šimonytė: A. Kubilius and I are the consequence of the crisis

With calls in Seimas to review whether during Andrius Kubilius‘ term as prime minister in 2009-2012, borrowing from commercial banks did not cause widespread damage to the state, MP Ingrida Šimonytė retorts that this question […]

International Monetary Fund
Economy

IMF warns Lithuania that further minimum wage rise may harm competitiveness

An International Monetary Fund (IMF) mission that concluded its visit to Vilnius on Monday warned the Lithuanian government that further minimum wage increases may harm the country’s competitiveness. […]

International Monetary Fund
Economy

IMF mission starts work in Lithuania

A mission from the International Monetary Fund (IMF) on Thursday is starting work in Lithuania. […]