Public spending

Shortage of ammunition despite Lithuania’s new weaponry

Over the past few years Lithuania has been buying plenty of new weaponry for its armed forces, but the purchase of ammunition reserves to go with them has...

Kaunas cuts its debt by €45m

The city of Kaunas and its municipal companies have have cut their debts by €45 million over the last nine months.

Lithuania's 2016 budget is aimed at boosting consumption, finance minister says

Lithuanian Finance Minister Rimantas Šadžius says that next year's budget has been drafted to give a boost to the country's slowing-down economy,...

Lithuania's defence budget to grow by third in 2016

Lithuania's defence budget should expand by more than a third in 2016, according to the budget draft published on Monday.