EconomyLithuania to present cargo services to Chinese businessmen2014-04-02, 15:26On 2-4 April, a delegation of Chinese businessmen, who are working in Belarus, will pay a visit to Lithuania. The guests will meet with representatives of Lithuanian institutions, which are responsible for transport and economy areas. Bank of Lithuania approves guidelines on cash changeover2014-04-01, 13:47In preparation for the adoption of the euro in Lithuania, the Board of the Bank of Lithuania approved the Guidelines on Cash Changeover that specify the members of the cash changeover process during euro adoption and their functions, the principles of acquisition of euro, euro and litas handling as well as other cash changeover related principles. Lithuania's FinMin: every invested euro has to pay dividends2014-03-31, 13:03Every invested euro has to pay dividends; therefore, before starting a new venture, we should firstly consider its benefits and upkeep, says Lithuania's Minister of Finance Rimantas Sadzius. Bank of Lithuania to transfer EUR 6 mln to public budget2014-03-30, 10:09The Board of the Bank of Lithuania approved the set of financial statements of 2013 and decided to transfer its profit, which amounts to LTL 20.6 million (EUR 5.97 million), to the public budget. Ernst & Young: Lithuania's economy growth to reach 5.5% in 20152014-03-29, 14:45After the rapid 2013 development reaching 3.2%, the growth of Lithuania's gross domestic product (GDP) should continue gaining momentum and should exceed 4%. Budget Committee: in worst-case scenario with Russia, Lithuania would lose EUR 144 mln2014-03-28, 19:10According to Chair of Committee on Budget and Finance Bronius Bradauskas, in a worst-case scenario for economic relations with Russia, Lithuania would lose LTL 0.5 billion (EUR 144 million) from the budget and about LTL 3 billion (EUR 866 million) of the gross domestic product (GDP). Lithuania's PM: business searching for new markets to get EUR 57 mln2014-03-27, 17:57In the context of Ukraine's crisis, the Government will allocate LTL 200 million (EUR 57 million) for Lithuania's businessmen striving to re-orient the business from the problematic eastern markets or to create new business. Lithuania's current account balance exceeds 732 mln litas in Q42014-03-26, 16:12The surplus balances of services and of current transfers, as well as the narrowing foreign trade and income balance deficits, led to the build-up of a 732.1 million litas current account balance (CAB) surplus in Lithuania's balance of payments in the fourth quarter 2013, the Statistics Department of the Bank of Lithuania said in a statement. Danske: GDP growth in Lithuania and Latvia will remain the same, Estonia’s will decrease2014-03-25, 21:00Consistent economic development in Lithuania in recent years has been supported by domestic demand and euro area membership expectations, hoping for a faster growth in investment. Yet the potential of economic growth in the country may be disturbed by stalled development of exports, since the Ukrainian-Russian conflict poses a major threat and causes uncertainty. DPD Lietuva to build the biggest in Baltics state-of-the-art parcel sorting terminal in Kaunas2014-03-24, 14:17DPD Lietuva, a parcel delivery company which has been growing successfully for the last few years, is now expanding its business even further. It has signed a contract with Kaunas Free Economic Zone – the place, where the company intends to build the biggest state-of-the-art parcel sorting terminal in the Baltic States. |
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