The Seimas in Lithuania is proposed to accept the amendments to the Law on Immovable Property Tax which will impose the taxes on the unused unfinished buildings.

In the third quarter of the year 2013, the use of the Lithuania's production capacities was increasing and approached the average of the European Union (EU).

European economic governance decisions must not be made by a latterday "Congress of Vienna" – they will succeed only if parliaments across the EU work well together and are closely involved and in control of them, said European Parliament President Martin Schulz on Monday. He was speaking at the opening of this year's European Parliamentary Week, which brought together MEPs and national MEPs to discuss all aspects of economic governance and policy coordination.

The Government of Lithuania approved the proposal of the Ministry of Communications to increase the funding of the Advanced Electronic Services projects by LTL 11.2 million (EUR 3.2 million) by reallocating saved and unallocated funds from the EU 2007-2013 Operational Programme Economic Growth.

While striving for Lithuania to become the most attractive Baltic State for the investors, Minister of Environment Valentinas Mazuronis was to try to reduce the bureaucracy in the spheres of territory planning, construction and exploitation; however, he highlighted that there was a need to do no harm to safety requirements.

The Ober-Haus Lithuanian apartment price index (OHBI), which records the rates of change in apartment prices in the five major Lithuanian cities (Vilnius, Kaunas, Klaipeda, Siauliai and Panevezys), grew by 0.1% in December 2013, said company Ober-Haus Real Estate in a statement.

The international rating agency Standard & Poor's assigned its BBB long-term senior unsecured debt rating to the Eurobond issued by the Republic of Lithuania on Wednesday.

Lithuania's company Lietuvos Energija will strive to double its value and to become the most valuable energy company in the Baltic States. While striving for this, the company plans grand investments among which – cogeneration power plants or combined heat and power plants (CHP plants) in the biggest Lithuania's cities and the development of the Kruonis Pumped Storage Plant (Kruonis PSP).

The released information about the possibility that the smoked meat products were to be prohibited in Lithuania made a noise in Lithuania; however, Lithuania's Prime Minister Algirdas Butkevicius said that this was not to happen. Moreover, Butkevicius said that the institutions responsible for the explication of the forthcoming reforms were not properly performing their duties.

Comprehensive rules to govern financial markets were agreed informally by negotiators for Parliament and the Council of Ministers on Tuesday. These rules are designed to close the loopholes in the existing legislation, ensuring that financial markets are safer as well as more efficient, investors are better protected, speculative commodity trading is curbed and high-frequency trading is regulated.