Lithuanian asset manager Aivaras Abromavičius was appointed Ukraine‘s economy minister late last year to help save the country from bankruptcy. Is he up for the job, asks Bloomberg columnist Leonid Bershidsky. […]
Prime Minister Algirdas Butkevičius says that he opposed a universal tax on real estate. […]
Despite criticism of the Finance Ministry’s optimistic Lithuanian GDP growth forecasts for next year, Finance Minister Rimantas Šadžius says that the country’s economic growth will be faster than in the euro zone but “not explosive” and warns that difficulties caused by the crisis in the EU-Russia relations will be long-lasting. […]
International Monetary Fund (IMF) forecasts that Lithuania’s GDP will grow 3 percent this year and 3.3 percent next year. […]
The IMF mission chief for Lithuania sees no room for further increases in minimum monthly wages, saying that the ratio of minimum wages to average wages is rather high already, the business daily Verslo Žinios reports. […]
With Lithuania’s authorities planning to increase spending on national defence and to compensate for pension cuts, the economy might not grow fast enough to support increases in public spending and the government next year may have to broaden the revenue base and cut back on some expenses, the International Monetary Fund (IMF) said on Tuesday. […]
On Monday, Lithuanian Minister of Finance Rimantas Šadžius and representatives of the International Monetary Fund‘s (IMF) mission summed up the mission’s visit to Lithuania. […]
Lithuania and other Eastern European economies with close links with Russia could be seriously affected by a slowdown in the Russian economy or the sanctions imposed by the West against Moscow, analysts of the International Monetary Fund (IMF) have said. […]
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