With 345 contracts signed and scaffolding in place by 82 apartment blocks, renovation programme is moving ahead in spring 2014 in Lithuania.

Fitch evaluated the Lithuania's steps towards the management of the pubic funds, the membership in the euro area and upgraded the perspective of the Lithuania's sovereign debt rating from stable to positive.

In the year 2013, consolidated income of the Group of Vilkyskiu Pienine AB (hereinafter in the text shall be referred as to the Company) comprised LTL 364 million (EUR 105.5 million), and compared with the income of the year 2012, which was LTL 296 million (EUR 85.6 million), it increased by 23%.

The majority of businessmen support the adoption of the euro in Lithuania, however, at the same time, they think that the state and they themselves need more time for preparations.

On 2-4 April, a delegation of Chinese businessmen, who are working in Belarus, will pay a visit to Lithuania. The guests will meet with representatives of Lithuanian institutions, which are responsible for transport and economy areas.

In preparation for the adoption of the euro in Lithuania, the Board of the Bank of Lithuania approved the Guidelines on Cash Changeover that specify the members of the cash changeover process during euro adoption and their functions, the principles of acquisition of euro, euro and litas handling as well as other cash changeover related principles.

Every invested euro has to pay dividends; therefore, before starting a new venture, we should firstly consider its benefits and upkeep, says Lithuania's Minister of Finance Rimantas Sadzius.

The Board of the Bank of Lithuania approved the set of financial statements of 2013 and decided to transfer its profit, which amounts to LTL 20.6 million (EUR 5.97 million), to the public budget.

After the rapid 2013 development reaching 3.2%, the growth of Lithuania's gross domestic product (GDP) should continue gaining momentum and should exceed 4%.

According to Chair of Committee on Budget and Finance Bronius Bradauskas, in a worst-case scenario for economic relations with Russia, Lithuania would lose LTL 0.5 billion (EUR 144 million) from the budget and about LTL 3 billion (EUR 866 million) of the gross domestic product (GDP).