The Government has decided to increase the minimum monthly wage to LTL 1,035 (EUR 300) and the minimum hourly wage to LTL 6.27 (EUR 1.82) from 1 October, 2014.

Lithuania Post, one of the largest companies in the country, has implemented an up-to-date IT system that will ensure smooth work of the company and higher quality level of the services provided. For the purpose of this modern centralized IT troubleshooting management and solution monitoring system, the company has made an investment of LTL 250 thousand.

Lithuanian Mint has already minted about half of the Lithuanian euro coins planned for this year - 97 million pieces. This is about one quarter of the estimated amount to be issued in two years' time. According to the head of the Bank of Lithuania, coins have landed in stores.

In the second quarter of the year 2014, compared to the first quarter, housing prices in Lithuania grew by 4.1%, according to the estimates of Statistics Lithuania.

Although preliminary data suggest that the deficit of the social security fund "Sodra" is decreasing, the debt of the state-owned company is still increasing dangerously.

President of Lithuania Dalia Grybauskaite is submitting legislative amendments under which investment in strategic economy sectors and territories in the vicinity of strategic objects would be permitted only following an extensive assessment whether the activities of the potential investor do not pose a threat to the national security.

Prime Minister Algirdas Butkevicius attended the international conference 10 Years with the European Union Investing in Lithuania's Future, which was organised on the occasion of the fifteenth anniversary of Investors' Forum activity. The prime minister highlighted the improvement of business climate.

In the second quarter of the year 2014, the income of Lithuanian non-financial companies for goods sold and services rendered amounted to LTL 57.5 billion (EUR 16.6 billion) or by 3.7% more than in the same quarter last year and by 8.9% more than in the first quarter of this year.

Competent authority of Hong Kong Special Administrative Region of the People's Republic of China has officially approved the certificate of importing Lithuanian dairy products.

From January to August 2014, the state budget received more income from taxes than it had been projected, totalling LTL 12.294 billion (EUR 3.563 billion).