Lithuanian economy

The United Kingdom's decision to leave the European Union will directly and indirectly affect Lithuania's economy, the country's new minister of finance said on Wednesday. To read this article, try a €5.99 monthly subscription by clicking here.

If the United Kingdom were to vote to leave the European Union (EU) at Thursday referendum, this will have only limited negative effects on Lithuania in the short-to-mid-term. In the long run, however, negative repercussions of Brexit may actually reach Lithuania. To read this article, try a €5.99 m...

The Bank of Lithuania expects the country's economy to grow 2.6%, leaving its earlier projections unchanged. To read this article, try a €5.99 monthly subscription by clicking here.

In three weeks, British citizens are voting on whether to remain in the European Union. The results of the referendum are hard to predict with any certainty, but one thing is clear - Brexit would be most painful for the United Kingdom itself and the country's economy. The situation of expat Lithuani...

The increasing flood of Lithuanians shopping in Poland has given birth to a range of new enterprises across Lithuania and the surprising possibility of another shopping destination developing.

Lithuania had the third lowest labour costs in the EU according to the latest figures from Eurostat, the European statistics agency.

Corruption could be costing the Lithuanian economy up to €8 billion a year, according to a new study of studies published by the European Union.

Lithuanian population is in steady decline and domestic industry is losing consumers but so far the impact of this negative change has been reduced by a growing rate of domestic consumption.

Lithuania has been ranked 19th in the Economic Freedom of the World index ahead of the other Baltic States but well behind other developed counties, according to a US research institute.

Lithuania’s Ministry of Finance has significantly revised down its forecasts for GDP growth in 2016 to 2.5% for the year, down from the 3.2% growth predicted last year.

Gitanas Nausėda, Žygimantas Mauricas and Nerijus Mačiulis, all economists at leading commercial banks in Lithuania, are optimistic about Lithuania's economy in the coming year but they highlighted some of the greatest economic risks Lithuania faces in the coming year - most of them international rat...

Lithuanian economists have criticized the government's "inaction", saying that the country's economy have grown despite rather than because of its economic policies. However, challenges loom ahead.

Lithuania's economic growth was lower than initially estimated in the final quarter of 2015, the latest figures from Statistics Lithuania showed on Monday.