EconomyIn response to the Ministry of the Economy and Innovation's (EIMIN) objective to cut red tape and simplify regulation, ten of its subsidiary institutions have submitted concrete plans to streamline their operations. These plans include streamlining processes, removing redundant requirements, and introducing digital solutions to improve operational efficiency and the ease with which businesses and citizens can access services. Individuals, businesses and other organisations purchased defence bonds for EUR 2.8 million during the seventh issue placement, where 311 transactions were concluded. Following the launch of the distribution of defence bonds this year, buyers purchased these bonds for a total of EUR 23.2 million through seven issues. Lithuania may soon become a much more attractive location for deeptech start-ups, which base their business model on years of research and innovation. An initiative of the Ministry of the Economy and Innovation (EIMIN) plans to extend the age of such start-ups from 5 to 10 years. This would allow more deep-tech companies to qualify for public support. On 15 April evening, international credit rating agency Moody’s Investment Service published a report on Lithuania, assessing the country’s economic outlook. It highlights the country’s strong public finances, fiscal policy and growing economy. Lithuanian Government Eurobonds Are Now Admitted to Trading on Nasdaq Baltic First North Foreign Bond List2025-04-16, 15:01Nasdaq (NDAQ) announces that the Lithuanian Government Eurobonds have been admitted to trading on Nasdaq Baltic First North foreign securities trading list by Nasdaq Vilnius as of today, April 15. On 9 April, Minister of Energy Žygimantas Vaičiūnas attended the annual conference of the European Wind Energy Association, Wind Europe 2025, in Copenhagen (Denmark). The United States is not only a key ally but also an exceptionally important economic partner for Lithuania, Prime Minister Gintautas Paluckas emphasized during a meeting with the American-Lithuanian Business Council. Continuing his financial diplomacy, Minister of Finance Rimantas Šadžius participated in the conference "Capital Markets for a More Competitive Europe – a Nordic - Baltic Contribution and Perspective on the Capital Markets Union" in Stockholm. The Minister, together with the leaders of the Nordic and Baltic countries and the European Commission (EC), discussed how to promote economic competitiveness and growth in a security-sensitive situation and to exploit the potential of capital markets for this purpose. Lietuvos bankas published the provisional data on direct investment (DI) for the fourth quarter of 2024. According to the latest data release: The 2025 Lithuanian Economic Survey presented by the OECD includes positive GDP growth forecasts, focus on ageing and fiscal sustainability challenges2025-04-03, 13:29Today in Vilnius, Isabell Koske, Deputy Director of the Country Studies Branch at the OECD, presented Lithuania's 2025 Economic Survey and Recommendations, which focused on the challenges posed by an ageing population and fiscal sustainability. |
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