The updated Financial Market Supervision Policy of Lietuvos bankas is to enter into force on 1 January 2025. It highlights the key principles, reflects the latest practices and recommendations of international institutions as well as enhances the focus on the quality of services provided to consumers and on a dialogue with financial market participants.

The Ministry of Finance has informed the European Commission that it has selected another project of strategic importance under the 2021-2027 European Union Funds Investment Programme, namely the reconstruction of a longer than 12 km section of the A5 Kaunas-Marijampolė-Suvalkai main road, from 85 km to 97.06 km.

The Government has approved a proposal of the Minister of the Economy and Innovation, Lukas Savickas, to allow large investors to extend deadlines for investments, job creation and wage commitments. Amendments to the Law on Investments will be submitted to the Seimas for consideration next week.

On Wednesday, Minister of the Economy and Innovation Lukas Savickas will submit to the Government for consideration an amendment to the Law on Investments, which will allow large investors to extend the deadlines for investments, job creation and wage commitments. These amendments have been initiated in view of the practical difficulties faced by investors implementing large projects.

Lietuvos bankas published the monetary financial institution (MFI) balance sheet and interest rate data for November 2024, which show that:

After the economic recovery last year, the country's economic development is expected to reach 2.8% in 2025. Inflation will remain low in 2024 year, while in 2025 year it will rise to 2.5%. The unemployment rate is set to fall to 7.1% in 2025 and the wage growth to remain strong enough to reach 7.9%. This is foreseen in the updated economic development scenario prepared by the Ministry of Finance.

For industrial enterprises, efficient fuel storage is essential for seamless operations and cost optimisation. An underground fuel tank provides a reliable solution for companies requiring substantial fuel reserves while addressing space and environmental concerns. In British conditions, where land use is often tightly regulated, and environmental standards are stringent, underground tanks offer unique advantages. Built from steel with additional corrosion protection, these tanks ensure longevity, compliance, and practicality for industrial applications.

The European Commission (EC) disbursed EUR 463 million to Lithuania under the third supplemented payment request for the plan "New Generation Lithuania ". So far Lithuania has already received almost EUR 1.4 billion for the implementation of the plan "New Generation Lithuania".

The Ministry of the Economy and Innovation has signed a major investment project contract with UAB Narbutas International for the construction of a new furniture factory in Ukmergė district. The project will create 300 new jobs and involve an investment of at least EUR 110 million.

The Ministry of the Economy and Innovation is launching a €54.89 million call to support the sustainable transformation of Lithuanian industry. The call will enable industrial enterprises in the country to invest in improving energy efficiency, thereby reducing energy intensity and harmful gas emissions.