Lithuania’s near-term economic outlook is positive, but there are doubts if the country will manage to catch up with Western Europe in the longer term, the head of the International Monetary Fund‘s mission to Lithuania said Vilnius on Monday, underlining the need for structural reforms and, in the education system, for consolidation of institutions and more flexible programs. […]
A mission from the International Monetary Fund (IMF) on Thursday is starting work in Lithuania. […]
The Lithuanian parliament on Wednesday overturned President Dalia Grybauskaitė‘s veto of a new Labour Code, leaving in place the law that was passed in June. […]
Lithuania’s economy should grow by some 2.5 percent this year and expand by around 3 percent next year, driven by strong wage growth that supports private consumption, experts from the International Monetary Fund said on Tuesday at the conclusion of their visit to Lithuania. […]
Lithuania would not be able to remain competitive if it abandoned a new Labour Code that has been passed by the Seimas, but vetoed by the president, the International Monetary Fund said. […]
An IMF mission commenced work in Lithuania. Representatives from the International Monetary Fund met with Minister of Finance Rasa Budbergytė and discussed the economic situation of Lithuania, state fiscal policy, next year’s budget and measures […]
A range of economists and employers have criticised the decision of Lithuania‘s government to raise the minimum wage again in July saying it has a limited effect on improving the lives of low income groups […]
Rasa Budbergytė, Lithuania’s former representative at the European Court of Auditors, has been appointed as the country’s new finance minister.
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About 300 people organized by Lithuanian trade unions gathered to protest the new Labour Code, which critics say will narrow the social benefits for employees.
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The International Monetary Fund (IMF) has said Lithuania needs to carry out structural reforms to its credit unions sector. Lithuania‘s central bank said the IMF in its latest report on Lithuania said that the country’s […]
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 […]
The IMF has said Lithuania needs to tackle skills shortages and mismatches between training and education and the demands of the market to drive economic growth and development. “Skills’ mismatch and skills’ shortages in Lithuania […]
The International Monetary Fund may resume credit to Ukraine in the coming months, according to the international rating agency Moody’s. In its review, Moody’s noted the Ukrainian government’s progress in reforming the country’s economy and […]
Lithuania’s taxation system is conducive to social inequality with a disproportionate burden falling on labour income, and taxes on capital half that of the European Union average, according to leading economists. […]
On April 3, the Panama Papers hit media outlets around the world, and the fallout was swift. […]
The International Monetary Fund (IMF) says Lithuania should put a pause on raising the minimum wage in order to sustain its economic growth. […]
International Monetary Fund (IMF) is starting its latest mission in Lithuania and along with examining a range of marcoeconomic conditions it will look to analyse the distribution of income and impact of the minimum wage on Lithuania’s economy. […]
The International Monetary Fund warned on Wednesday that will halt its €35 billion bailout programme to Ukraine unless the country takes immediate action to tackle rampant corruption. […]
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