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Last year, bank profits were the largest since 2007 and their incomes were built by loan interest payments. Is the Lithuanian banking system stable and do the citizens actually receive the best possible services? Bank Association president Mantas Zalatorius and Seimas Budget and Finance Committee ch...
A month ago, Lithuania was the first country in Europe to grant a specialised banking license to the company Revolut, which caused member of Seimas Stasys Jakeliūnas suspicions. The MP contacted the Financial Crime Investigation Service (FNTT) and State Security Department (VSD), asking them to chec...
In response to an LRT complaint regarding harm to the public broadcaster’s reputation, the Seimas Ethics and Procedures Commission has recommended MP Stasys Jakeliūnas to be more reserved in expressing his opinion in public, lrt.lt writes.
The Seimas Committee on Budget and Finance will request President Dalia Grybauskaitė to answer questions on the financial crisis. She will be sent questions about the actions of commercial banks and the Bank of Lithuania by committee chairman Stasys Jakeliūnas. Former Prime Minister Andrius Kubilius...
There is too great a concentration of Swedish banks in Lithuania, thus one of them should be sold. This was a statement by Seimas Budget and Finance Committee chairman Stasys Jakeliūnas on Wednesday. SEB bank and Swedbank – these are namely two Swedish capital banks operating in Lithuania and other ...
The LRT has complained over the MP’s statement, which has harmed the Lithuanian national broadcaster’s formal reputation, lrt.lt writes.
A group of Lithuanian lawmakers suggest initiating impeachment proceedings against MP Mykolas Majauskas, representing the opposition conservative Homeland Union – Lithuanian Christian Democrats, for his alleged improper sexual conduct.
Economist Gitanas Nausėda, leaving the position of advisor to SEB bank president, plans to announce his decision on whether he will run for Lithuanian president soon.
Lithuania's three-year tax system reform on Tuesday passed the second reading in the Seimas.
The majority leaders in the Lithuanian parliament are changing their proposed plans for the personal income tax, social insurance contribution rates and non-taxable income rates.
The Lithuanian government's proposed tax and pension system reform has begun stalling after reaching the parliament.
The Lithuanian parliament on Thursday asked the Committee on Budget and Finance (CBF) to scrutinize the handling of public finances by the country's previous governments since 2005.
