EconomyThe Ministry of Finance in Lithuania has proposed to loan the State Social Insurance Fund Board (SoDra) LTL 745.4 million (EUR 207.2 million). The total consolidated revenue of Agrowill Group, AB for the six months of 2014 was LTL 41.891 million (EUR 12.132 million). For the six months of 2013 the total consolidated revenue of Agrowill Group, AB was LTL 18.618 million (EUR 5.262 million). SC Klaipedos Nafta (Klaipeda Oil) net profit for the six months of 2014 amounts to LTL 12.7 million (EUR 3.7 million) or less by 40.7% if compared to the same period of 2013 – LTL 21.4 million (EUR 6.2 million). The President of the European Central Bank, Mario Draghi, will visit Lithuania for the first time2014-09-01, 10:08On 25 September the President of the European Central Bank (ECB), Mario Draghi, will visit the Bank of Lithuania. This will be the first visit to Lithuania by the head of the ECB. During the visit M. Draghi will participate in the conference dedicated to the euro adoption, informs euro.lt. In 2014, AB SEB Bankas Group offered a full-range of banking services to private individuals, corporate customers and finance institutions. As of 30 June 2014, AB SEB Bankas and two companies: UAB SEB Investiciju Valdymas, UAB SEB Venture Capital were the members of the Group in Lithuania, the bank announced. The Ministry of Economy in Lithuania, seeking to stimulate export and reduce companies' losses arising from sanctions imposed by Russia will additionally allocate LTL 13.2 million (EUR 3.8 million) to implement projects under the measure New Opportunities. Until the euro adoption the Bank of Lithuania will frontload to the commercial banks euro banknotes and coins, as well as euro coin sets. According to the provisional data of Statistics Lithuania, in II quarter 2014, accommodation establishments accommodated by 9.5% more guests than in the same quarter of 2013 and received 637.7 thousand tourists. The Bank of Lithuania (Lietuvos Bankas) signed an agreement with the German central bank, Bundesbank, regarding the acquisition of euro banknotes in all denominations. In seeking to satisfy the demand for euro banknotes and to ensure their necessary stocks during the euro adoption, 132 million units of euro banknotes will be brought in to Lithuania; their weight — 114 tonnes. The Government of Lithuania will consider to partially compensate dairy and meat producers for losses. |
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