public finance

  • Economy

Vasiliauskas: ambiguous signs emerge in Lithuania

On the News radio (“Žinių radijas”) show, Lithuania‘s bank board‘s director Vitas Vasiliauskas said that whilst the world economic scenario…

4 years ago
  • CORPORATE

Lithuanian government borrows €15m

Lithuania issued government bonds worth €15 million on Monday.The state will pay 0.489% interest on average for the bonds that…

8 years ago
  • Politics

Balanced budget unlikely because of social spending – Seimas speaker

Parliamentary Speaker Loreta Graužinienė doubts the promises made by Finance Minister Rasa Budbergytė that Lithuania will have a balanced budget…

8 years ago
  • CORPORATE

Salary increases to require €120m from Lithuanian budget

Finance Minister Rasa Budbergytė has met with the Labour Party parliamentary group to discuss possibilities to increase public sector salaries…

8 years ago
  • Politics

Government to seek balanced budget in 2017

In an effort to bolster financial stability, the Lithuanian Ministry of Finance intends to submit a deficit-free 2017 budget to…

8 years ago
  • Politics

‘No new taxes in the near future’ – new Finance Minister

The current government has no plans to introduce any new taxes, says Lithuania's new finance minister, backtracking from her earlier…

8 years ago
  • CORPORATE

Lithuania runs current account surplus in first quarter of 2016

Lithuania ran a current account surplus of €37.1 million in the first quarter of 2016 compared to a deficit of…

8 years ago
  • CORPORATE

Lithuanian government issues €25m bonds

The Lithuanian government issued bonds on Monday worth €25 million with the average return of 0.041%.Nasdaq Vilnius, which handled the…

8 years ago
  • Economy

Lithuania ‘can have surplus budget’ this year

Lithuanian Finance Minister Rimantas Šadžius says that the government could finish the year with extra funds in the state coffers.…

8 years ago
  • CORPORATE

How much tax per capita did Lithuanian municipalities collect last year?

Vilnius led the way in the level of taxes it collected per capita at an average of €800 in 2015,…

8 years ago
  • CORPORATE

Audit to assess whether Lithuania has too many public servants

The National Audit Office is carry out a audit on whether Lithuania has too many civil servants and whether money…

8 years ago
  • CORPORATE

Lithuanian government targets budget surplus

The Lithuanian government is planning to have a balanced budget in 2017 and run a small surplus in 2018-2019, according…

8 years ago
  • CORPORATE

Vilnius to borrow €25m for investment projects

The City of Vilnius is planning to borrow almost €25 million for investment projects this year.City officials say the money…

9 years ago
  • CORPORATE

Lithuanian tax revenues up over 5% in first three months of year

Tax revenues collected by the Lithuanian state and municipalities were up 5.7% in the first quarter of 2016.State and municipal…

9 years ago
  • Economy

‘Too hard to access information about how taxpayers money is spent’ – watchdog

Lithuanian citizens still have a tough time accessing data about how state institutions are using taxpayer’s money. [...]

9 years ago
  • CORPORATE

‘Taxpayers’ money wasted’ as Lithuania’s public sector wage bill climbs to €1bn

The Parliamentary Audit Committee has calculated that the government sector last year took a tenth of taxpayers' money, almost €1…

9 years ago
  • CORPORATE

Lithuanian municipalities’ revenues €80m higher in 2015

Revenues collected by municipalities around Lithuania increased in 2015 with 57 municipalities receiving more than €80 million in extra revenues…

9 years ago
  • Economy

Tax revenues ahead of projections so far

Lithuania's central government and municipalities collected €1.132 billion in taxes over January-February 2016, exceeding the target by €25.1 million, or…

9 years ago
  • CORPORATE

Eurogroup commends Lithuania’s budget implementation, finance minister says

Lithuania has been commended by the Eurogroup, the meeting of eurozone's finance ministers, for its efforts to cut budget deficit…

9 years ago
  • CORPORATE
  • Opinion

Vilnius to spend millions on city regeneration but critics remain

Vilnius City Council will spend millions of euros regenerating the Neris riverbank, building two new swimming pools, improving cycle lanes…

9 years ago