Gediminas Šimkus EN

Newest Bank of Lithuania forecasts: what awaits in 2019

After evaluating world and the country’s economic trends, the bank of Lithuania is lowering this year’s economic growth forecast from 3.4% to 3.2%. Next...

Lithuanian central bank says increase in retirement age 'inevitable'

As Lithuania's population declines, the country may have to increase its retirement age in the future to solve the problems of the pension system, a central...