The cart is being pulled by nigh on equal forces in different directions, thus it’s shaking and remaining in one place. Such a means of transportation is comparable to our current state leadership, Vytautas Bruveris […]
Lithuania’s Finance Minister Vilius Šapoka called on the eurozone and the European Union to establish a single anti-money laundering system after a money laundering scandal hit the Swedish banking group Swedbank on February 20. […]
Technology companies from 14 countries around the world, including Australia, China, Canada, Switzerland and others have established partnership with Blockchain Centre Vilnius (BCV), which was founded just a year ago. In an annual event hosted by the centre on January 23, blockchain technology experts from the World Trade Organisation, European Commission and Parliament, as well as Lithuanian institutions gathered to discuss the application of blockchain technology in international trade. During the event, Justas Šireika was introduced: he will be taking charge of the BCV, as well as a new start-up financing fund, according to a Blockchain Centre Vilnius press release. […]
The government has taken aim at the informal economy, just as many prior to it has. This time, the construction sector, meat produce trade, healthcare institutions and minor traders are in its sights, lrt.lt writes. […]
If you think that it is politicians that rule us, you are mistaken. They do not rule, instead they have been bickering for two years, if not over fur coats, then over the budget. And neither the fur coats, nor the budget is theirs. The fur coats belong to Greta, the budget – to Vilius [Šapoka]. As for ruling, that’s only by the hired prime minister and finance minister from uber. Neither of them is a politician by personal choice. The prime minister at least did his work for the party during the elections, while the minister of finance is akin to having been summoned from nowhere through the taxi app. […]
Ministers of finance of Lithuania, Latvia and Estonia, the European Commission and NASDAQ appealed to the global provider of equity indexes MSCI for a possibility of assessing the Baltic states not individually, but as a single region in using an industry classification system. The aim is to start a debate with MSCI for a possibility of improving the equity index of the countries. The appeal to MSCI has been initiated together with European Bank for Reconstruction and Development (EBRD). MSCI is one of the most important forefront index constructors, whose indexes are followed by the largest global investors, a press release from the Lithuanian Finance Ministry states. […]
Lithuania’s government plans to collect around 200 million euros in revenue from the shadow economy next year, the finance minister says. […]
Lithuanian economy will slow slightly next year but the country will have an accumulated reserve of 1.5 billion euros late next year to be used in times of financial difficulties, Finance Minister Vilius Šapoka says. […]
Lithuania’s government on Tuesday backed the bill on the 2019 state and municipal budget with a 0.4 percent GDP of public finances. […]
The Lithuanian government will not discuss a draft budget for 2019 this week after the issue was removed from the agenda of the Cabinet’s meeting on Wednesday. […]
Lithuania’s government is starting discussions on the country’s 2019 budget as the document will be submitted to ministers during a Cabinet meeting on Wednesday. […]
The Seimas opposition blocked on Thursday the ruling bloc’s unexpected proposal to give the greenlight for the government to borrow money not only for increasing the defense budget, but also for providing funding to the Lithuanian Social Democratic Labor Party (LSDDP). […]
Lithuania’s image on the international scene is promising: in 2017 alone, 35 fintech companies were established here, and a few weeks ago the 16+1 Heads of Government of China and the countries of Central and Eastern Europe agreed to set up a financial technology coordination centre and organise a high-level fintech conference in 2019. […]
Reduction of administrative burden on investment funds and more favourable environment for their activities in Lithuania, and at the same time, creation of better possibilities of business financing and greater opportunities for investors is the main goal of the draft laws on collective investment undertakings (CIU) which the Ministry of Finance submitted today to the Government. […]
Today 8 countries of the EU have expressed united position on creation of the single capital markets union. It will contribute to sustainable growth of economics, stability of the financial system and diversity of sources for funding of business within the EU. The statement has been signed by the ministers of Demark, Estonia, Finland, Ireland, Latvia, Lithuania, Sweden and the Kingdom of the Netherlands, a press release from the Lithuanian Ministry of Finance states. […]
Lithuania and another seven Northern European countries are urging the European Union to take more decisive action to build a single capital markets union in an effort to increase non-bank financing opportunities for businesses. […]
The Lithuanian government may take decisions on a car tax in the fall in an effort to tackle the pressing problem of pollution and encourage motorists to choose less-polluting vehicles, Finance Minister Vilius Šapoka said on Thursday. […]
In the meeting of heads of Governments of China and the Central and Eastern European countries 16+1, wherein Lithuania was represented by Vilius Šapoka, the Minister of Finance, it was agreed to establish a financial technologies coordination centre of 16+1 format in Vilnius and to organize high-level fintech conference in 2019, a press release from the Ministry of Finance states. […]
Arūnas Adomėnas, director general of Lithuania’s Customs Department, has stepped down. […]
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