Nerijus Mačiulis EN

EC recommendations for Lithuania: less tax on labour, more tax on wealth (1)

Lithuania has received recommendations from the European Commission on the most pressing issues in the economy that need addressing. Disturbingly, over 30...

Different challenges await new mayors of Lithuania's biggest cities

New mayors of Vilnius and Kaunas will have to deal with different challenges. Remigijus Šimašius , new mayor of the Lithuanian capital, will have to...

Parties weigh strategies and options before mayoral run-offs in Vilnius

After local elections in Lithuania last Sunday, the new Vilnius City Municipality Council will include 38 male and 12 female councillors. The Electoral...

Lithuania's grocer Maxima to cut prices ahead of expected competition from Germany's Lidl

The decision by Maxima LT, Lithuania's largest retailer that has been slapped with a 16.9-million-euro fine for anti-trust violations, to lower prices for...

Lithuania's export to Russia to shrink 10 percent, Swedbank economist says

Continuing geopolitical tensions in Eastern Europe will continue to affect Lithuania's economy in 2015, says Nerijus Mačiulis , chief economist at Swedbank .