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Swedbank Lithuania generated EUR 410 million comprehensive income in the first half of 2024. The bank’s net interest income amounted to EUR 328 million and net commission income was EUR 62 million. Swedbank’s net profit in the first half of this year amounted to EUR 175 million.
As the saying goes, money can’t buy happiness. That certainly seems to be true in 2020 — rates of depression and anxiety are up, even though many households have more cash on hand than usual. Savings rates in the U.S. spiked to a previously unfathomable 34% in April and sat at a still-high 14% in Se...
Lithuania's labor income growth slowed down during three months of coronavirus quarantine restrictions, but bounced back in June to the level seen at the start of the year, according to figures released by Sodra on Thursday.
Lithuanian President Gitanas Nauseda says he plans to propose to the country's parliament in the fall to introduce a flat residential income rate for all types of income, and to apply different rates based on its size.
The gap between rich and poor is always discussed and creates social unrest. Countries try to make this gap smaller but in some countries, it is still widening.
The Lithuanian president's office sees no major drawbacks in the government's proposed tax changes aimed at increasing the poorest people's income and expects constructive discussions on the plan, an advisor to President Dalia Grybauskaitė said on Tuesday.
