EconomyIn the publication "The Euro is coming to Lithuania" — replies to the most popular questions2014-05-04, 14:27The Bank of Lithuania has issued a publication by which it is aimed to make the public more knowledgeable about the adoption of the euro, euro banknotes and coins with the Vytist extending the history of national currency. It is expected that the publication will encourage the public to take an interest in the euro adoption and help prepare for this important event. EcoMin: good assessment by German companies in Lithuania will encourage investment2014-04-27, 11:05Almost a half of Lithuania-based German companies say they are planning to increase investment and the number of employees in 2014, while 9 from 10 German investors would chose Lithuania once again, a poll carried out by German-Baltic Chamber of Commerce in Estonia, Latvia and Lithuania has revealed. Lietuvos bankas: well-functioning single market needs an integrated financial regulation and management system2014-04-26, 12:27Financial sector regulation, oriented towards the changing market conditions, crisis prevention and management, an efficiently functioning banking union and structural transformation are essential preconditions for the strengthening of both Lithuania's and the whole European Union's economy and for fostering convergence, i.e. the economic convergence of the member states, claims Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania. Lithuania's FinMin: proposal to establish equal minimum wage in all EU is unrealistic2014-04-25, 13:30Lithuanian Minister of Finance Rimantas Sadzius was sceptical about the Order and Justice Party's proposal to sign an agreement on equal minimum income in the European Union countries. In Q1, Lithuanian budget received EUR 1.553 bln revenue2014-04-24, 12:11According to the data of the Ministry of Finance, in January-March 2014, the state and municipal budgets received LTL 5.363 billion (EUR 1.553 billion) in revenue. This is by 0.9% or LTL 48 million (EUR 13.9 million) more than expected and 10% more year-on-year. Vilniaus Baldai operates with bigger turnover in January-March2014-04-23, 10:06Vilniaus Baldai, one of the largest Lithuanian furniture manufacturing companies, during a period 2014 January – March operated with a turnover in amount of 52,914 thousand litas (15,325 thousand euros). 2015 Lithuanian euro coin samples have been minted2014-04-22, 10:44The Board of the Bank of Lithuania approved the 2015 issue Lithuanian euro coin samples, which will the basis for the Lithuanian circulation euro coins, the Bank of Lithuania said in a statement. Trading in Invalda LT shares will be stopped from 23rd April2014-04-21, 15:36Invalda LT, one of the major Lithuanian investment companies, requests to suspend trading of the company's shares on NASDAQ OMX Vilnius Stock Exchange from 23 April 2014 due to the ongoing process of split-off of the Company, the company announced in a press release. PZU purchases RSA assets in Baltics and Poland2014-04-20, 16:09PZU SA has today reached an agreement, subject to regulatory and antitrust approvals, to purchase Lietuvos Draudimas AB in Lithuania, AAS Balta in Latvia, the business of the Estonian branch of Codan Forsikring A/S and Link4 Towarzystwo Ubezpieczen S.A. in Poland. The total aggregate consideration amounts to approx. EUR360m. The acquisitions are a key step in fulfilling PZU's strategy of international expansion. Gediminas Kirkilas, Deputy Speaker of the Seimas: Germany will support Lithuania’s entry to the euro area2014-04-19, 09:36"The German Bundestag will vote in favour of Lithuania's entry to the euro area in 2015. It is an ordinary procedure in the German Parliament, but our country greatly supports Lithuania's euro area membership," said Manuel Sarrazin, Spokesman of the Committee on the Affairs of the European Union of the German Bundestag at the meeting in Seimas held today. |
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