Committee on Budget and Finance

Banks make record profits: does Lithuania benefit from this?

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...

Social Democrat Labour seek a president: A. Butkevičius mentioned as a potential candidate to his own surprise

The Lithuanian Social Democratic Labour Party could back the presidential bid of Prime Minister Saulius Skvernelis if he chose to run for president,...

Questions for the president about commercial and central banks’ actions in crisis investigation

The Seimas Committee on Budget and Finance will request President Dalia Grybauskaitė to answer questions on the financial crisis. She will be sent...

S. Jakeliūnas’ statement surprises bank association head: are you trying to cause panic in the markets?

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...

Crisis is not around corner but slowdown signs are visible, Lithuanian central banker says

Lithuania's central banker says he sees no clear signs of an upcoming new economic crisis but warns about slowing growth.