State enterprise the Deposit Insurance Fund, which paid out insurance to the customers of the bankrupt Bank Snoras, is yet to recover LTL 498 million (EUR 144.2 million) from the bank, estimates Chairman of the Board of the Bank of Lithuania Vitas Vasiliauskas.

In September 2014, the build-up of the current account balance (CAB) in surplus (LTL 346.8 million, or EUR 100.4 million) was driven by growth in the surplus balances of secondary income and capital account, as well as the remaining surplus in the balances of services.

Based on provisional data of the Ministry of Finance in Lithuania, in January-October 2014 the state budget received by 0.9% more than projected revenue from tax, whereas the aggregate state budget revenue collection plan has been fulfilled at 100.5%.

In October 2014, Klaipėda Port cargo turnover has grown by 24.3%: total of 3,652.8 thousand tons (including LNG – 48.6 thousand tons) were handled, i.e. 713.6 thousand tons more than in October 2013, reports BC port's marketing specialist Mantas Stoncius.

After Statistics Lithuania evaluated prices of 100 homogenous consumer goods and services it transpired that 39 goods and services became more expensive, 48 became cheaper, while prices of 13 goods and services did not change.

In 2015, natural gas price in Lithuania will grown by LTL 102 (EUR 29.5) per thousand cubic metres due to Klaipeda's Liquefied Natural Gas (LNG) terminal.

Orders are coming in thick and fast at Norwegian capital company Stansefabrikken's factory, located in the Lithuanian town of Ukmerge. The company forecasts growth of 10-15% and its turnover should reach EUR 21 million.

63 credit unions operating under the Lithuanian Central Credit Union (Lietuvos Centrine Kredito Unija – LCKU) earned LTL 183,000 (EUR 53,000) in profit in the first three quarters of 2014. In the first three quarters of 2013 they recorded a LTL 5.5 million (EUR 1.6 million) loss.

State controlled company Klaipedos Nafta during October 2014 reloaded 498,000 tons of oil products into its storage tanks, greater by 35.0% than during October 2013, when 369,000 tons were reloaded. During ten months of 2014 the company reloaded 4.39 million tons of oil products into its storage tanks, by 14.7% lower than during ten months of 2013.

The European Commission's autumn forecast projects weak economic growth for the rest of this year in both the EU and the euro area. Real GDP growth is expected to reach 1.3% in the EU and 0.8% in the euro area for 2014 as a whole. Growth is expected to rise slowly in the course of 2015, to 1.5% and 1.1% respectively, on the back of improving foreign and domestic demand. An acceleration of economic activity to 2.0% and 1.7% respectively in 2016 is expected to be driven by the strengthening of the financial sector (following the comprehensive assessment by the European Central Bank and further progress towards the Banking Union), as well as recent structural reforms starting to bear fruit.