Ministry of Finance

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The Ministry of Finance said on Monday that Lithuania is to set up a Green Finance Institute for the smooth transition to a green economy, efficient use of renewable energy resources and to become a regional leader in the field of green finance.

Fitch Ratings has affirmed Lithuania's long-term foreign-currency issuer default rating (IDR) at "A-" with a positive outlook after positively assessing Lithuania's public finance and economic situation.

In an effort to bolster financial stability, the Lithuanian Ministry of Finance intends to submit a deficit-free 2017 budget to the government, says Finance Minister Rasa Budbergytė. To read this article, try a €5.99 monthly subscription by clicking here.

The Lithuania Tribune, BNS

After Standard & Poor's said that Lithuania would be the most affected by Brexit among all Eastern European nations, Lithuania's Ministry of Finance said that the international rating agency drew misleading conclusions. To read this article, try a €5.99 monthly subscription by clicking here.