EconomyCargo turnover of Klaipeda port in March grew by 12.9%2014-04-13, 11:09In March 2014, the results of cargo turnover in Klaipeda Seaport were quite near the best cargo handling results achieved throughout the entire period of the history of the Seaport – 3 234,3 thou. tn; the best month through the entire history of the Seaport was October of 2011 – 3 298,2 thou. tn. S&P raises Lithuania's debt rating two notches on euro2014-04-12, 13:38Lithuania's credit rating was raised two notches by Standard & Poor's on a stronger-than-expected fiscal performance and higher prospects the Baltic nation will qualify for euro adoption in 2015. In the fourth quarter of 2013, the annual growth rate of Lithuania's financial assets (2%) exceeded that of liabilities (0.4%). In Q4 2012, the said growth rates accounted for 5 and 2%, respectively. Exports increased by 5.9% and imports by 1.4% in Lithuania in February2014-04-10, 16:35Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in February 2014 amounted to LTL 6.2 billion, imports – LTL 6.5 billion. Exports of goods of Lithuanian origin amounted to LTL 3.6 billion. Exports increased by 5.9% and imports by 1.4%. EU takes Russia to WTO over ban on pork imports2014-04-09, 12:35The European Union launched a case against Russia at the World Trade Organization (WTO) on Tuesday, over a ban imposed on all EU pork imports after cases of African swine fever were detected in the bloc, the DPA news agency reports. Lithuania's direct selling market grew by 8.1% in 2013 to EUR 39 mln2014-04-08, 12:23Sales (VAT excluded) of Lithuanian Direct Selling Association (LTPA), grew by 8.1% in 2013, to LTL 136 million (EUR 39 million). In 2012 it stood at LTL 126 million (EUR 36 million). Renovation of 345 apartment blocks begins in Lithuania2014-04-07, 13:06With 345 contracts signed and scaffolding in place by 82 apartment blocks, renovation programme is moving ahead in spring 2014 in Lithuania. Fitch upgrades Lithuania's sovereign debt rating2014-04-05, 14:11Fitch evaluated the Lithuania's steps towards the management of the pubic funds, the membership in the euro area and upgraded the perspective of the Lithuania's sovereign debt rating from stable to positive. Income of Vilkyskiu Pienine increased by 23% in 20132014-04-04, 15:47In the year 2013, consolidated income of the Group of Vilkyskiu Pienine AB (hereinafter in the text shall be referred as to the Company) comprised LTL 364 million (EUR 105.5 million), and compared with the income of the year 2012, which was LTL 296 million (EUR 85.6 million), it increased by 23%. The majority of businessmen support the adoption of the euro in Lithuania, however, at the same time, they think that the state and they themselves need more time for preparations. |
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