With Saulius Skvernelis’ cabinet reaching its first birthday, a chorus of Happy Birthday is nowhere to be heard. On the contrary, experts note that this cabinet has given little basis to expect fundamental reform in […]
The Seimas State Historical Memory Commission announced this week that it will seek a Seimas ruling that the Vytis should be placed in Lukiškių Square. Not only “Farmer” historian Arūnas Gumuliauskas stands behind this initiative, […]
Lithuanian Finance Minister Vilius Šapoka expects that the country will become a member of the Organization for Economic Cooperation and Development (OECD) next year. […]
Lithuania’s Finance Minister Vilius Šapoka will be in Brussels on Monday and Tuesday to attend meetings of the Economic and Financial Affairs Council (Ecofin) of the euro group and the European Union (EU). […]
When presenting the proposed tax reforms the cabinet stated that they seek more equal taxation of citizens performing various activities. Members of Seimas, Farmers and Greens included, do not agree with such plans by Prime […]
The release of the so-called Paradise Papers, a global investigation revealing offshore activities of some of the world’s most powerful people and companies, has once again highlighted the need for coordinated global action to stop various tax schemes, Lithuanian Finance Minister Vilius Šapoka said. […]
Lithuania would not mind if the post-2020 European Union (EU) financial assistance would be linked with a specific country’s performance in structural reforms, says Lithuania’s Finance Minister Vilius Šapoka. […]
Guenther Oettinger, the EU commissioner in charge of budget and human resources, is to come on a visit to Lithuania on Thursday. […]
Lithuania formed a surplus 2018 state budget for the first time since regaining independence in 1990, says Finance Minister Vilius Šapoka, adding this is necessary amid fast economic development and the need to accumulate reserves for a rainy day. […]
Lithuania has submitted the 2018 budget draft to the European Commission (EC) and the euro group. Finance Minister Vilius Šapoka says the draft is in line with the national and European Union’s (EU) fiscal discipline rules. […]
The Lithuanian government’s proposal to raise the excise duty on tobacco products next year is a result of the efforts to improve public health rather than generate more budget revenue, says Finance Minister Vilius Šapoka. […]
Lithuania’s 2018 state budget will be a surplus, and its spending will grow from this year, says Finance Minister Vilius Šapoka, however, refusing to specify any budget-related figures. […]
Lithuanian Finance Minister Vilius Šapoka thinks that it is too early to speak about creating an EU finance minister, saying that the focus should now be on planned projects that need to be carried out. […]
Lithuania’s government is keeping its promise to reintroduce a reduced value-added tax (VAT) on heating, with Finance Minister Vilius Šapoka pledging to submit relevant amendments to the Cabinet on Wednesday. […]
Lithuania’s 2018 budget will have a surplus, Finance Minister Vilius Šapoka has pledged, however, did not specify how much the the state revenue would exceed the spending. […]
Dalius Misiūnas is stepping down from the top position at the state-run energy holding Lietuvos Energija (Lithuanian Energy) after more than six years in office, the Finance Ministry said. […]
Dalius Misiūnas, chairman of the management board and CEO of the state-owned energy group Lietuvos Energija (Lithuanian Energy), on Thursday was questioned by Special Investigation Service (STT) officials. […]
The Lithuanian Special Investigation Service, or STT, has launched a pre-trial investigation into a possible abuse by disclosing classified information submitted to the Finance Ministry about a candidate to become a member of the supervisory board of the state energy group Lietuvos Energija (Lithuanian Energy). […]
20 Lithuanian companies of financial technologies merged into the association “Fintech Lietuva”, the establishment of which has been encouraged and supported by the Ministry of Finance, Bank of Lithuania and other public authorities. […]
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