Bank of Lithuania

Lithuanian govt was under pressure to impose blanket property tax - PM

Lithuanian Prime Minister Saulius Skvernelis says that his government experienced pressure to introduce a blanket tax on real estate, describing its...

Lithuanian c. bank says developing digital collector coin 'possible'

The Bank of Lithuania says that last weekend's hackathon showed that it is possible to develop a digital collector coin.

Lithuanian central bank says increase in retirement age 'inevitable'

As Lithuania's population declines, the country may have to increase its retirement age in the future to solve the problems of the pension system, a central...

Lithuania moving fast forward to becoming a cashless society (2)

A future without cash was the subject of the Swedish-Lithuania Business Forum on Thursday in Vilnius. How to achieve that cashless society, the merits and...

Proposal to up minimum wage to EUR 420 reaches Lithuania's Tripartite Council

A proposal to increase the minimum wage by 20 euros to 420 euros next year has reached Lithuania's Tripartite Council which is set to make the decision later.

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