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Lithuania has third lowest labour costs in EU

Lithuania had the third lowest labour costs in the EU according to the latest figures from Eurostat, the European statistics agency. […]


What are the key risks facing the Lithuanian economy?

Gitanas Nausėda, Žygimantas Mauricas and Nerijus Mačiulis, all economists at leading commercial banks in Lithuania, are optimistic about Lithuania’s economy in the coming year but they highlighted some of the greatest economic risks Lithuania faces in the coming year – most of them international rather than domestic. […]


50% increase in state investment in IT education to meet skills shortage

The Ministry of Education is proposing to increase state financed positions at universities for information technology studies by 50% in response to increasing demand for skilled IT professionals in Lithuania’s labour market. […]