Klaipedos Nafta, the developer and operator of the Lithuanian liquefied natural gas (LNG) terminal, on 27 November received a Natural Gas Regasification License from the National Commission for Energy Control and Prices.

Statistics Lithuania informs that, based on non-final data, in 2013, gross domestic product (GDP) increased in all counties. In 2013, the largest increase in nominal GDP per capita was observed in Vilnius and Kaunas counties – by 6.6 and 6.4% respectively; nominal GDP per capita in the whole economy grew by 6%.

Lithuanian Minister of Economy Evaldas Gustas says business environment will continue to be improved, but does not predict how Lithuania will be ranked in the World Bank's Doing Business ranking.

On 19 November, the Supreme Court of the Republic of Lithuania adopted decision by cassation in cases regarding the legal obligation of the state of buyout of the shares of the expired legal entity AB Lietuvos Elektrine of the minority shareholders and the correct pricing of these shares.

Extraordinary event has occurred in Lithuania's telecommunications market – one of the most lucrative internet, cable TV and landline telecommunications service providers Cgates is going to be sold.

Statistics Lithuania informs that in October 2014 industrial production totalled LTL 6 billion (EUR 1.75 billion) at current prices and, compared to September, grew by 5.5% at constant prices, seasonally adjusted – by 4.9%.

Minister of Energy in Lithuania Rokas Masiulis welcomed the participants of the Baltic Energy Forum 2014. He emphasized that the Liquefied Natural Gas (LNG) terminal will change the rules that the energy market operates under.

Lithuania-based Lithuanian Free Market Institute (LFMI) was awarded Atlas Network's prestigious Templeton Freedom Award for its Municipal Performance Index for Freedom and Free Enterprise.

On November 17th, Polish Business Awards were handed out for the third time in Lithuania in 2014. Trade and Investment Promotion Section of the Polish Embassy is organising Polish Business Awards.

The European Central Bank will take unconventional monetary measures if the economic situation in the euro area requires them, ECB President Mario Draghi reiterated to economic and monetary affairs MEPs on Monday. As the Banking Union takes shape, risks could migrate from banks to the non-banking sector, he warned. Also, speaking as chair of the Systemic Risk Board, he added that there is "a vast scope for more coordination of sanctions against banks between the US and Europe".