Bank of Lithuania

Politicians‘ fear rather than low technological capacity prevents Lithuania from having electronic voting

“Blockchain movement is not solely a technology, it changes Lithuania‘s economics,” claimed economics and finance analyst Paulius Kunčinas at the...

TransferGo receives electronic money license from the Bank of Lithuania

The Bank of Lithuania has provided an electronic money license to the international money transfer startup TranferGo. This license opens up new development...

Tripartite Council fails to reach agreement on raising minimum wage

Lithuania's Tripartite Council on Tuesday failed to reach agreement on raising the minimum wage. Employers are inclined to back the government's proposal...

After exceptional growth last year, Lithuanian exports have lost momentum

Exports of goods of Lithuanian origin, excluding mineral products, continue to grow, though at a somewhat slower pace than last year. In early 2018, nominal...

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