The distribution of the ninth issue Government savings notes (GSN) ended on Monday, where residents purchased GSN for EUR 4.75 million and 243 transactions were made. Residents will be paid 3 per cent of annual interest on this new one-year GSN issue.

The Minister of the Economy and Innovation Aušrinė Armonaitė will visit the UK this week to meet with the heads of the country's leading companies to discuss opportunities for expansion in Lithuania.

The "Billion for Business" initiative will be launched next week, giving businesses access to loans of up to €250 million.

On Tuesday, a Memorandum of Understanding for building an ammunition plant in Lithuania has been signed between the Lithuanian authorities and Germany’s defence industry giant Rheinmetall. The document, showing Lithuania’s commitment to strengthening its own and regional security, while forging a close partnership with Germany, has been signed by Minister for Economy and Innovation, Aušrinė Armonaitė, Minister for National Defence, Laurynas Kasčiūnas, and Maximillian Froch, Director of Strategic Program Organization International at Rheinmetall AG.

The National Energy Regulatory Council (NERC) announces that the second tender for a 700 megawatt (MW) offshore wind farm in the Baltic Sea has not taken place. The Law on Renewable Energy stipulates that there must be at least 2 tenderers for a tender to take place. However, only one economic operator took part in the announced tender.

The Government approved the draft amendment to the Law on Tax Administration prepared by the Ministry of Finance and the State Tax Inspectorate (STI), by which from 1 July 2026, taxes, economic monetary sanctions, fines and amounts awarded by the court would be administered on a one-stop shop basis via the STI system. The implementation of the draft amendment will result in a significant reduction of the costs incurred by residents due to debt recovery and the administrative burden.

The Ministry of the Economy and Innovation is investing to create new sustainable jobs and attract investors to the Akmenė, Jonava and Mažeikiai regions. A total of €52.82 million will be allocated to 9 projects. An additional amount is also planned for other positively evaluated projects.

The Ministry of Economy and Innovation is launching the call in the amount of EUR 4.5 million for contracting authorities and entities in order to increase the number of innovative public procurement. The funds under this call will provide for the possibility to purchase innovative products and goods for non-economic activities.

The infrastructure design for the Kaunas Passenger Station area will be carried out by the Spanish company Ardanuy Ingenieria under a contract worth EUR 9.88 million (excluding VAT). The project is an integral part of the new European Rail Baltica Kaunas node. Among the tasks for the contractor is the design of a new railway bridge over the Nemunas River.

The Employment and Social Affairs Committee endorsed a political deal on a new bill aiming to improve the working conditions of platform workers.