Teltonika’s move to halt its high-tech park project in Liepkalnis sends a signal to Lithuania that it should put in more effort and resources to economic development, the Lithuanian Confederation of Industrialists (LPK) has said.
Lithuanian Confederation of Industrialists
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The Lithuanian Confederation of Industrialists (LPK) proposes to politicians to halt tax changes until 2026, urging stability to secure sustainable and consistent economic growth.The Social Democratic Party (LSDP), leader in polls, has vowed to implement tax reform in a year.
The Lithuanian government's decision on Wednesday to raise the minimum monthly wage in Lithuania 9 percent to 607 euros, from the existing 555 euros (before tax), as of next year will hurt regional residents, the ones who theoretically should be benefiting from it, Ricardas Sartatavicius, executive ...
At its siting, the Seimas held a discussion on the future of the European Union (EU), including the current situation in the EU, recent developments in the EU, EU policy aspects and challenges with the greatest potential effect on Lithuania, a Seimas press release states.
The recent significant drop in the value of the Turkish lira promises cheaper goods for consumers in Lithuania but brings in more risks for Lithuanian businesses exporting to this Middle Eastern country, analysts say.
Economist Gitanas Nausėda, an adviser to SEB bank's president, has been named the most influential representative of the business sector and economists, according to a new survey by Spinter Tyrimai for the delfi.lt news website.
Today around 60 companies and associations participated in the Norwegian-Lithuanian B2B meetings organized by Enterprise Lithuania. On April 24-25 during the Norwegian-Lithuanian business days companies from both countries are discussing cooperation opportunities in the areas of innovation, high tec...
Britain is grateful to Lithuania for its solidarity over the poisoning of a former double agent and his daughter, the UK ambassador to Vilnius, Claire Lawrence, said.
The majority halted the new Labour Code in the hopes of an extra half a year allowing employer and employee representatives to reach compromise on the most disputed questions. It would appear that such expectations were overly optimistic.
Two years without the Russian market: How did Lithuanian dairy exporters deal with Moscow's embargo?
In August 2014, Russia banned a number of imports from the EU. Lithuanian dairy producers were particularly hard-hit by the embargo. Two years later, some of them have found other markets, while others are struggling to replace former revenues.
Lithuania's finance minister says there should not be any major changes in taxation after October's general elections, but adds that state finances should work towards ensuring sustainable economic growth. To read this article, try a €5.99 monthly subscription by clicking here.
China has been identified as a tempting new market for Lithuanian exporters, but few producers, outside the food industry, are making any forays into the world's most populous market. To read this article, try a €5.99 monthly subscription by clicking here.
