consumption

Finance Ministry: country's economy will slow next year

Lithuania's Finance Ministry is not changing its outlook and continues to estimate that the country's economy will slow next year, although it still will...

Finance minister: shadow economy visibly shrinks in country

The scope of shadow economy has visibly decreased over the past decade in Lithuania, Finance Minister Vilius Sapoka says as it has become fashionable to...

Scientists: alcohol control measures fail to change consumption habits (1)

Lithuania's alcohol control policy based on bans and tax increases has failed to have any major influence on consumption habits, according to a survey...

National Audit: social assistance system fails to meet minimal needs

The social assistance system in Lithuania fails to meet the minimal consumption needs for poor residents , and a large share of those receiving social...

Lithuania's growth forecast lifted for this year

The European Commission has lifted its forecast for Lithuania's GDP growth for this year and also expects the country's economy to expand faster next year.

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