Blockchain Centre Vilnius CEO Justas Šireika
Economy

Blockchain Centre Vilnius to be headed by Justas Šireika

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. […]

Romas Lazutka
CORPORATE

Romas Lazutka. Who is it that rules us and does Tapinas impact them?

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. […]

No Picture
Economy

Baltic States seek a single regional assessment

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. […]

Economy

Lithuania’s draft 2019 budget to reach government no earlier than next week

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. […]

Money
Economy

More business financing alternatives and investment opportunities introduced in Lithuania

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. […]

Vilius Šapoka
Economy

Vilius Šapoka, the Minister of Finance: the capital markets union is beneficial for all countries of the European Union

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. […]

Vilius Šapoka
Foreign affairs

Minister of Finance: Lithuania seeks to become China‘s financial service gateway to Europe

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. […]