Effective containment measures, a well-functioning health system and swift public support to firms and households have helped Lithuania to weather the COVID-19 crisis to date. That said, the pandemic still carries significant economic risks, and the recent upsurge in infections is very concerning. O...
economic crisis
9 articles
Lithuania's coronavirus situation is under control and its infection rate and economic indicators are better than in most other European countries, an advisor to President Gitanas Nauseda said on Tuesday.
Digital solutions can provide a safe way for consumers and businesses to manage their day-to-day tasks during crisis without compromising their health or safety. As a result, businesses have to adapt to the new demand for digitized services in order to stay relevant.
The last few weeks have turned our world upside down. It seems like a lifetime ago that we were going about our everyday business. But by now, some of you reading will have had symptoms, many of you will know someone who is sick and every single one of us are worried about our loved ones.
Media organizations have on Tuesday asked government institutions to defer tax payments and provide state subsidies to mitigate the impact of the coronavirus crisis.
Members of the Lithuanian parliament's Committee on Budget and Finance (CBF), which is looking into the circumstances surrounding the 2009-2010 economic crisis, say the European Commission and the European Central Bank (ECB) should have contributed more to assessing the causes and effects of the glo...
Record-low interest rates and employees' confidence about their financial future have been heating the Lithuanian real estate market.
Some Lithuanian businesspeople have compared 2016 to the situation in 2006, the boom year before the 2008 crash. To read this article, try a €5.99 monthly subscription by clicking here.
Even the €8 increase in the average pension will not help pensioners in Lithuania, who receive one of the most frugal pensions in Europe. President Dalia Grybauskaitė is encouraging lawmakers to index pensions, which would make them increase together with growing average wages in the nation, and the...