Economy

Annual inflation rate in Lithuania at 0.4%

The euro area annual inflation rate was 2.4% in March 2024, down from 2.6% in February. A year earlier, the rate was 6.9%. European Union annual inflation...

Lithuania and Andorra sign double taxation avoidance agreement

On 17 April, Lithuania ’s Minister of Foreign Affairs Gabrielius Landsbergis and Minister of Foreign Affairs of Andorra Imma Tor Faus signed a double...

Amber Grid sues GIPL contractor for damages

Amber Grid , Lithuania ’s gas transmission system operator, has filed a lawsuit against Alvora, the contractor for the construction of the GIPL gas...

Electricity price in Lithuania down by 9% in March

In March 2024, compared with February 2024, the wholesale price of electricity decreased by 9% in Lithuania to EUR 68.29/MWh. In Latvia and Estonia,...

Government to tighten employment regulations for third country nationals

On Wednesday, the Lithuanian Government approved the proposal to tighten employment regulations for foreigners and to revise quotas for third country...

Lithuania records highest increase in services production in EU in January

House prices in Lithuania up by 8.3% in Q4 2023 y-o-y

Law enforcement conducts searches at GIPL gas pipeline contractor, Latvian and Polish companies – media

Ten Lithuanian companies earned over EUR 100mn pre-tax profit in 2022

EPSO-G Group directs record investment towards energy independence

Vilnius was visited by 1.2mn tourists in 2023

Belarus suspends imports from Lithuania after border checkpoint closures

In Lithuania, 122,000 employees received minimum wage and less in October 2023

Lithuanian leadership of Vičiūnai-Rus represented Russian interests in meetings in Moscow

Electricity price in Lithuania down by 36% in February

AUGA group starts production and sale of biomethane as new commercial activity

Lufthansa cancels Tuesday’s flights between Vilnius and Frankfurt

Prices for consumer goods and services up by 0.7% in February

Pension accumulation law violated Constitution

Grain stolen in occupied territories of Ukraine may be transported through Lithuania

Lithuania to tighten employment conditions for foreign workers amid abuse of migration regulations

Regular flights will connect Vilnius airport with Lisbon and Hamburg

Police commissioner general recommends to refrain from shopping trips to Poland for now

Group of legislators proposes suspending Russian and Belarusian agricultural imports

Amber Grid demands to rectify deficiencies in certification of GIPL pipeline components

Industrial production up by 7.1% in January

Hilton to replace Kempinski hotel in Vilnius

Ryanair will base one more aircraft in Kaunas

Alytus region has been sorting food and kitchen waste for five years. Is there something to learn from the pioneers?

Average annual inflation at 7.3% in January