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. […]
A growing number of self-employed people in Lithuania indicates the spread of the spirit of entrepreneurship, say economists. […]
Scandinavian banks are no longer interested in expanding lending in Lithuania due to falling returns, said Stasys Kropas, the president of the Association of Lithuanian Banks. […]
Stronger growth in the Eurozone and a stabilising international environment, supported by strong domestic consumption should boost Lithuanian businesses in 2016, according to Swedbank. […]
After riding themselves of dependence on unpredictable markets in Russia Lithuanian exporters are facing another potential crisis in Poland, according to Swedbank economist Nerijus Mačiulis. […]
“The beginning of 2016 was one of the worst years in history for raw material and stock prices,” said Swedbank Chief Economist Nerijus Mačiulis. On Tuesday, he presented his projections for economic growth in Lithuania, and the prospects for exports and the international economy. […]
Commercial banks in Lithuania have still not developed a common alternative for code cards, whose use will be restricted from April. […]
While the global fall in stock markets is affecting the performance of the Lithuanian and Baltic stock markets, the macro-economic performance of Lithuania and the Baltic states will have more of an influence on whether stocks rise or fall in the near future. […]
Swedbank‘s deal with Danske Bank on taking over the latter’s retail banking services might put the Swedish bank into a dominant market position and therefore will need to be signed off by the Competition Council, a lawyer says. Still, there should be no trouble securing the competition watchdog’s approval, the business daily Verslo Žinios reports. […]
A Baltic Sea region index compiled by Swedbank shows that despite considerable progress, Lithuania is still not as competitive as it could be. Lithuania was placed among the top third of the most competitive countries in the world, which is a better result than last year, but essential progress is still needed. […]
On Friday, representatives of the Labour Party held a symbolic rally outside the Vilnius headquarters of the biggest commercial banks operating in Lithuania – SEB, Swedbank and DNB. […]
Technologies are inevitably changing the global labour market and will wipe out certain professions. Global trends and technological development will also change Lithuania’s labour map, which may result in a shorter working week, Nerijus Mačiulis, an economist with Swedbank Lithuania, forecasts. […]
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