Lithuanian Finance Minister Vilius Šapoka expects that the country will become a member of the Organization for Economic Cooperation and Development (OECD) next year.
Organization for Economic Cooperation and Development
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Lithuania's parliament on Tuesday adopted a law ensuring confidentiality of persons reporting corruption and other offenses of officers and public servants. The law should take effect in January of 2019.
Income inequality is increasingly evident in Lithuania, therefore, it should not follow the ideology "winner takes it all," says Michael Forster of the Organization for Economic Cooperation and Development. In his words, the impoverished part of the society will be pushed to exclusion even further i...
Lithuania's parliament will consider the proposal to raise fines for offenses and link the sizes of the fines with the size of the damage, gains by offenders or the size of bribes in criminal investigations.
Lithuania presented its progress on implementation of the recommendations for membership in the Organization for Economic Cooperation and Development (OECD) to members of the organization in Vilnius on Thursday, the government said.
Lithuania's near-term economic outlook is positive, but there are doubts if the country will manage to catch up with Western Europe in the longer term, the head of the International Monetary Fund's mission to Lithuania said Vilnius on Monday, underlining the need for structural reforms and, in the e...
Lithuania is well placed to become a member of the Organization for Economic Cooperation and Development (OECD) as soon as in 2018 if it makes sufficient progress in reforming the management of state-owned enterprises and controlling corruption, OECD Deputy Secretary General Douglas Frantz said in V...
Lithuania has been formally invited to become a full-fledged member of the Working Group on Bribery in International Business Transactions of the Organization for Economic Cooperation and Development (OECD), the Justice Ministry said on Wednesday.
Lithuanian Environment Minister Kęstutis Navickas proposes to establish a single enterprise to manage state forests.
Lithuania's Government has endorsed a plan to implement recommendations made by the Organization for Economic Cooperation and Development (OECD). To read this article, try a €5.99 monthly subscription by clicking here.
About 300 people organized by Lithuanian trade unions gathered to protest the new Labour Code, which critics say will narrow the social benefits for employees. To read this article, try a €5.99 monthly subscription by clicking here.
Conventional wisdom says that the more time you spend at work, the more you accomplish but that has been challenged recently by psychologists and new initiatives in Sweden where employees are trialling six-hour working days. Could this also work in Lithuania?
Amid Lithuania's preparations to join the Organization for Economic Cooperation and Development (OECD), the country's government has opened debates into the implementation of the organization's recommendations.
The fight against corruption and the overhaul of state-owned companies are the key challenges that Lithuania will face on its path to membership of the Organization for Economic Cooperation and Development (OECD), Foreign Minister Linas Linkevičius said on Wednesday.
Latvia will become the second Baltic state to join the Organization for Economic Cooperation and Development (OECD). The country's Foreign Ministry said on Wednesday it had received an invitation to join the 34-country bloc often described as the rich club.
Lithuania's economy is stable and will grow in the future, the secretary general of the Organization for Economic Cooperation and Development (OECD) said in Vilnius on Monday.
High youth unemployment might hamper Lithuania's plans to join the Organization for Economic Cooperation and Development (OECD), says the country's Labour Minister Algimanta Pabedinskienė.
Lithuania will have to implement reforms on its path to membership of the Organization for Economic Cooperation and Development, OECD Deputy Secretary-General Mari Kiviniemi said in Vilnius on Thursday, adding that these reforms will benefit the country.
Lithuania has reached the final stage in the process of accession to the Organization for Economic Cooperation and Development (OECD).
