Business

Nausėda rejects idea of higher VAT as source of defence funding

President Gitanas Nausėda rejects the proposal that value added tax ( VAT ) would be raised to fund Lithuania ’s defence needs. He suggests taxing...

Procurement agency’s report does not change our plans to build national stadium – Hanner

Real estate developer Hanner says the Public Procurement Service’s ( VPT ) report on the updated national stadium project does not change its plans to...

Michelin Guide arrives in Lithuania

The first Lithuanian restaurant selection of the Michelin Guide will be unveiled during a special event in June, the Ministry of the Economy and Innovation...

Lithuania records highest increase in services production in EU in January

In January 2024, compared with December 2023, seasonally adjusted services production increased by 1.5% in the euro area and by 1.0% in the EU, according to...

Go Vilnius plans to draw 25% more British, German tourists with new campaign

Go Vilnius on Thursday presented a new advertising campaign for the city, which is expected to boost the number of tourist arrivals from the UK and...

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