Economic growth

Government asks MPs to allow it to borrow funds to meet 2 pct defense spending target

The Lithuanian government has asked the parliament to allow it to borrow funds to increase defense funding and thus meet NATO 's 2 percent of GDP spending...

Ušackas announces decision to run for Lithuanian president next May

Vygaudas Ušackas , a Lithuanian diplomat and former foreign minister, announced on Wednesday his decision to stand in next May's presidential election .

Lithuania to meet NATO's 2 pct defense spending target - PM

Lithuania will meet its commitment to spend 2 percent of GDP on defense this year even if it will have to spend over 10 million euros additionally due to its...

Innovation development is impeded by sluggish cooperation between science and business

This May, the annual analysis of Lithuanian innovation development prepared by the Agency for Science, Innovation and Technology (MITA) showed the necessity...

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