EconomyFollowing Parliament’s approval, EU consumers will soon be able to use a single charging solution for their electronic devices. The latest turnover data of partners operating in passenger terminals at Lithuanian Airports show that the aviation recovery has had a positive impact on these businesses. The total turnover generated by retail and catering services businesses operating at airports in January-August this year amounts to almost EUR 32 million and is four times higher than in the same period last year. Compared to 2019 (pre-pandemic year) (same period), this year's turnover is almost EUR 4.5 million higher. Balance Sheet and Interest Rates of Monetary Financial Institutions, August 2022. On Friday, the Minister of the Economy and Innovation, Aušrinė Armonaitė, met with the President of the Republic of Lithuania, Gitanas Nausėda, to discuss the current situation of business and to present existing and possible additional support measures to facilitate the work of businesses in the event of the increase in the price of gas and electricity. Review of the Balance of Payments services exports and imports for Q2 2022 (Joint release by the Bank of Lithuania and Statistics Lithuania). Lithuania's biotechnology potential is being showcased in Oslo, Norway, this week, with the aim of establishing closer cooperation between the life science ecosystems of both countries. Amount of payment transactions carried out by electronic money and payment institutions has doubled2022-09-28, 19:19The income of the electronic money institution (EMI) and payment institution (PI) sector from licensed activities in the first half of 2022 increased 1.8 times year-on-year and amounted to €375 million. The amount of payment transactions almost doubled and reached €241 billion. The amount of payment transactions grew nearly 40% over the quarter. Lithuania in the top five EU countries with the most improved innovation ecosystem2022-09-27, 13:55Lithuania has retained its 19th place in the European Union in the European Innovation Scoreboard 2022 published by the European Commission, and has reached its highest level in terms of innovation ecosystem development since 2015. Latvia remained in 25th place, while Estonia lost two positions to drop to 12th. The European Commission has approved another aid instrument to help Lithuanian businesses affected by the war in Ukraine - loans for working capital and investment - prepared by the Ministry of the Economy and Innovation. The President: Foreign IT companies will find an excellent investment environment with a rich talent pool in Lithuania2022-09-25, 10:16As he continues his visit to New York, President Gitanas Nausėda met on Thursday with Alexander C. Karp, CEO of a US technology company Palantir Technologies. The meeting focused on the prospects for business development in Lithuania and the company’s plans. |
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