EconomyAfter evaluating Lithuania's economic situation and the impact of external factors on its economic growth tendencies, the Ministry of Finance has revised main macroeconomic projections for 2015-2017 and prepared projections for 2018. Investment volume in the commercial real estate in Baltics grows to EUR 855.0 mln in 20142015-03-22, 15:29The total volume of investments in commercial real estate in the Baltics exceeded EUR 850 million in 2014, compared to EUR 784.2 million in 2013, reports BC marketing coordinator from Colliers Kristine Spundina. In February 2015, imports of natural gas to Estonia reached 58.5 million cubic meters; the gas bought by new gas market participants from Lithuania amounted to almost 10 million cubic meters, or 17% of total imports. After three-day negotiations in Vilnius, Lithuania and Oman initialled the text of the intergovernmental agreement on investment promotion and mutual protection. The Environment Ministry's Commission for Carbohydrate Resources' Application Tender has approved tendering conditions for shale exploration and extraction in Western Lithuania. The call for proposals should be announced already in spring 2015. According to new data, more than 25,000 jobs are created each year by companies newly registered in Lithuania. The data, published by Creditreform Lietuva, also shows that after two years of operations this figure increases by another 60%, with some companies registering a tenfold growth in employee numbers. On Monday, 16 March 2015, Lithuanian Minister of Economy Evaldas Gustas attended a forum titled Science and Business Partnership: Mission Possible. Forecast: growth of the Lithuanian economy will be weaker, the price level will not rise and purchasing power will increase2015-03-16, 14:23The Bank of Lithuania forecasts that the domestic demand-driven Lithuanian economy will continue growing, albeit at a slower pace than previously expected. The worse outlook for the Russian economy, determined by persisting geopolitical tensions and falling oil prices, will have an essential influence on this change. The Bank of Lithuania forecasts that the domestic demand-driven Lithuanian economy will continue growing, albeit at a slower pace than previously expected. The worse outlook for the Russian economy, determined by persisting geopolitical tensions and falling oil prices, will have an essential influence on this change, the national bank said. In 2014, the Lithuanian concern Achema AB saw growth of its output volumes and revenues. Last year the corporate production rate increased by 14% (by 281,000 tons), compared with 2013. |
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