Finance Ministry

Finance minister: Lithuania's economic growth won't be explosive next year

Despite criticism of the Finance Ministry's optimistic Lithuanian GDP growth forecasts for next year, Finance Minister Rimantas Šadžius says that the...

Lithuanian politicians mull introducing tax on cars in spring

In a sharp reversal to its previous stance, the current ruling majority is already mulling a possibility to introduce a car tax , the Lietuvos Rytas daily...

Lithuania's Finance Ministry suggests scrapping VAT exemptions for heating in 2015 budget proposal

The Lithuanian Ministry of Finance proposes to scrap a VAT exemptions for district heating, saying that a draft state budget for 2015 earmarks sufficient...

Poorer economic forecasts won't affect Lithuania's defence budget

Forecasts suggest that Russia's restrictions on imports from the European Union will have a negative effect on Lithuania's economy; however, this will not...

Agriculture minister: Russian embargo can reduce Lithuania's economic growth more than estimated

A failure to compensate the losses suffered by the dairy and meat sectors due to Russia ’s restrictions on the imports of food and farm products may shave...