Lower energy prices could strengthen the competitiveness of the EU economy and boost economic growth and job formation; it also means more money left to spend. The integrated energy market gives us this chance. Its speedy implementation will ensure our security and sustainable use of our natural resources.

In July 2013, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports amounted to LTL 7 billion, imports – LTL 8.2 billion. Exports of goods of Lithuanian origin amounted to LTL 4 billion. The foreign trade deficit of Lithuania amounted to LTL 1.2 billion.

The price of Russian natural gas will be reduced in the future, however, for now it remains the issue of the negotiations. Aleksey Miller, CEO at Russian gas giant Gazprom, says that the price of natural gas for Lithuania will definitely decrease, yet the exact extent of discount will turn out after further negotiations, informs LETA/ELTA.

On September 8–10 during the informal meeting in Vilnius the Ministers of Agriculture will discuss the family farming prospects in the context of globalization. The meeting will provide a solid foundation for the further discussions run by society and farmers' organizations in 2014, which the General Assembly of the United Nations declared to be the "International Year of Family Farming".

On Tuesday, Lithuania's Prime Minister Algirdas Butkevicius received French Minister for Foreign Trade Nicole Bricq. During the meeting, the issues of the bilateral relations between Lithuania and France, the perspectives of the economy, the investments and the agreements related to the free trade with U.S. and Japan were being discussed.

A great amount of Americans can be shocked by that fact, that during the European economic crisis the EU stocks can get you 20% on ROI's. This information was stated in the report prepared by the firm Morningstar.

The net profit of the Lithuania-based oil company Klaipedos Nafta increased by 2% up to 21.4 million litas during the first six months of 2013 if compared to the same period of 2012 – 21 million litas, reported the company.