March 26, 2025EMI and PI sector: a significant financial and qualitative leap in a yearMarch 19, 2025Scope Ratings maintains Lithuania’s credit rating and outlookMarch 12, 2025Through projects implemented nearly EUR 1.5 billion of EU funds were invested in Lithuania last yearMarch 5, 2025Deposits decreased while loans continued to grow in Lithuania in January 2025February 25, 2025The Number of Foreigners Residing in Lithuania Decreased by More than 3,000February 19, 2025International Monetary Fund: It is important for Lithuania to restore productivity growthFebruary 12, 2025EIMIN provides additional funding for AI projectsFebruary 5, 2025Lithuanian Startup Boom: Ecosystem Now Valued at €16 BillionJanuary 29, 2025Updated supervisory policy focuses on consumersJanuary 22, 2025Will Lithuania be affected by US chip export controls?January 15, 2025Two-thirds of Lithuanians support giving up small coinsJanuary 8, 2025Lithuanian Innovations in 2024January 3, 2025Lithuanian companies gained nearly €350 million in November 2024December 29, 2024Lithuania ranks among the top open data trendsetters and is 7th in EuropeDecember 17, 2024Tesla to open first store in Lithuania early next yearDecember 11, 2024S&P Global Ratings assessed the prospects of the Lithuanian economyDecember 4, 2024Driving tests in Lithuania to take place only in EU languagesNovember 27, 2024How can startups become the driving force of Lithuania’s economy?November 20, 2024Lithuanian industry exhausts quota for hiring third-country nationalsNovember 13, 2024Opening up even more opportunities for social businessesNovember 6, 2024DriveWealth Advances Global Expansion Plans with European Brokerage License from Bank of LithuaniaOctober 31, 2024More and more start-ups developing food innovations are emerging in LithuaniaOctober 23, 2024Lithuania accelerates development of artificial intelligenceOctober 16, 2024Proposed extension of double taxation provisionsOctober 9, 2024Lithuania reports lower-than-expected inflation, but prices may rise fasterOctober 2, 2024Abandoning paper settlement documents submitted to foreigners with the VAT refund declaration is proposedSeptember 24, 2024Bank of Lithuania raises 2024 GDP growth forecastSeptember 17, 2024The economy to be back on the growth path supported by easing inflationSeptember 11, 2024Ministries join efforts with municipalities to further increase the number of flights from PalangaSeptember 4, 2024Lithuania updates work permit rules for Ukrainians, other foreign nationalsAugust 28, 2024Vilnius Emerges as a Hub for Scientists Transitioning from Academia to StartupsAugust 21, 2024Commerzbank, Pekao notify authorities of plans to operate in LithuaniaAugust 14, 2024EU invests €1 million in digitalisation of Lithuanian enterprisesAugust 7, 2024Lithuanian startup sector grew by 10%, with average salary reaching €4,400July 30, 2024Lithuania aims to become the most favourable country for the development of AI technologiesJuly 24, 2024IMF projects Lithuania’s GDP growth at 2.4%July 17, 2024Foreigners who wish to work in Lithuania will have to obtain Lithuanian residence permitsJuly 10, 2024European Innovation Scoreboard: Lithuania’s best result everJuly 2, 2024New European Fintech Index Provides Key Insights on Market Status QuoJune 26, 2024Business licences will be digitised and easier to issueJune 20, 2024The Seimas adopted amendments to the law on safer digital servicesJune 13, 2024Lithuania’s economic recovery this year is faster than projectedJune 6, 2024Lithuanian startups employ 18,000 talentsMay 29, 2024The International Monetary Fund experts will evaluate the economic situation of LithuaniaMay 23, 2024EUR 2.4 million to modernise business service centresMay 18, 20241 billion for the Lithuanian economy: more than EUR 103.3 million in contracts signed in the first quarterMay 8, 2024Lithuania’s GDP up 2.9% year-on-yearMay 1, 2024Innovations for creating Lithuanian businessesApril 26, 2024Several new banks likely to open in Lithuania this yearApril 18, 2024Women Go Tech study reveals that 61% of women in CEE want to delve into AIApril 11, 2024EMI and PI sector: financial indicators have improvedApril 4, 2024Additional Funding for Business Digitisation ProjectsMarch 27, 2024There may be more “unicorns” in Lithuania this yearMarch 22, 2024More detailed regulation of the crypto market will increase the transparency of the sectorMarch 13, 2024Financial Times Top 1000: 10 Lithuanian CompaniesMarch 7, 2024Average wage in Lithuania up 12%February 27, 2024The Lithuanian startup ecosystem remains one of the fastest growingFebruary 20, 2024Lithuania’s Startups: Surging Ahead with a €372 Million Tax BoostFebruary 14, 2024Lithuania’s Startup Ecosystem Moved to the Frontline in CEE 2024February 8, 2024ТОP-10 advantages Setting up a Small partnership in LithuaniaFebruary 7, 2024Lithuania opens Innovation Hub in Silicon ValleyJanuary 31, 2024Lithuania ranks 14th among OECD countries in digital government maturityJanuary 24, 202412 Lithuanian startups to watch this yearJanuary 17, 2024A Fintech ecosystem with a vision for excellenceJanuary 10, 2024TOP 10 investments raised by startups in Lithuania in 2023January 2, 2024The Seimas to increase the non-taxable amount by 20% from the New YearDecember 19, 2023Lithuania Has Risen to a Record High 7th Place in the European Open Data SurveyDecember 13, 2023€20 million for the growth of innovative start-upsDecember 6, 2023Among the 50 largest companies in the Baltic countries, even 27 are LithuanianNovember 29, 2023The Lithuanian technology sector lacks over 7 600 talentsNovember 23, 2023Fitch Ratings and DBRS Morningstar affirmed Lithuania’s high credit ratingNovember 15, 2023The number of foreigners living in Lithuania has exceeded 200 thousandNovember 8, 2023airBaltic launches winter season 2023 from VilniusNovember 1, 2023British Airways’ first flight to Latvia touches down at Riga AirportOctober 25, 2023Brussels greenlights Lithuania’s post-Covid recovery planOctober 18, 2023Lithuania’s industrial production growth among largest in EU in AugustOctober 12, 2023Europe’s largest Subaru car centre to be set up in RigaOctober 3, 2023Thermo Fisher Scientific Baltic most profitable company in LithuaniaSeptember 27, 2023LOT to continue flights between Vilnius and London CitySeptember 21, 2023Port of Klaipėda closes cruise shipping seasonSeptember 14, 2023Vilnius set to become Lithuania’s first green hydrogen producerSeptember 6, 2023EUR 8 million to develop sustainable products by recycling wasteAugust 29, 2023European Energy unveils biggest solar farm in BalticsAugust 23, 2023Lithuanian Startup RatingsAugust 17, 2023airBaltic announces top July destinationsAugust 11, 2023Comparison of interest rates on deposits and loans: Lithuania and the euro areaAugust 2, 2023Lithuania’s unemployment at 7.5% in JuneJuly 26, 2023The growth of the bank loan portfolio was the lowest over the past two yearsJuly 19, 2023Tallinn Airport Aims to Achieve Carbon Neutrality by 2025July 12, 2023German banks would be welcome in LithuaniaJuly 4, 2023Lithuanian Fintech: the Goal Is to Become the Leaders of This Sector in EuropeJune 28, 20235G connectivity development now considered a project of national importanceJune 20, 2023Supermarkets to charge 1-5 euro cents for plastic food bagsJune 14, 2023Natural gas prices in GET Baltic on the way to normal rangeJune 5, 2023What is the profit tax rate in Lithuania?May 30, 2023Lithuanian Airports Looking for the Operator for Vilnius – London City FlightsMay 23, 2023Swiss-Lithuanian Cooperation Programme launchedMay 16, 2023airBaltic to operate new direct flights from Riga, Tallinn, Vilnius, and TampereMay 9, 2023SEB bank predicts Lithuanian economic growthSeptember 24, 2022As trade relations grow, Lithuania seeks to attract more cargoes from KazakhstanSeptember 17, 2022Around EUR 600mn will be earmarked to boost innovationSeptember 11, 2022Lithuanian president warns that budget deficit must not pose risks to stateSeptember 7, 2022More encouraging conditions for foreign startups to relocate to LithuaniaAugust 27, 2022Industrial production up by 6.5% in JulyAugust 20, 2022Majauskas: minimum wage may rise 15-19 pct next yearAugust 14, 2022Deficit on current account balance increased significantly in JuneAugust 6, 2022SocDem MP proposes regulating housing rent pricesJuly 30, 2022PM: official forecasts do not foresee recessionJuly 23, 2022Central bank urges government to take targeted anti-inflationary measuresJuly 16, 2022If Russia bans export via Baltics, just 0.5% of Lithuania’s GDP will be affectedJuly 9, 2022Lithuania bans Russian gas importsJuly 2, 2022No plans to relaunch Vilnius-Minsk passenger train servicesJune 25, 2022Key Lithuanian companies protected from Russian, Belarusian controlJune 18, 2022Lithuania and Kazakhstan aim to develop economic tiesJune 11, 2022Inflation in Lithuania should shift downward in second half of the yearJune 4, 2022Cabinet approves electricity and gas price subsidies for householdsApril 16, 2022EU sanctions ban land freight from Russia and BelarusApril 9, 2022Central bank proposes anti-inflation measures for hardest-hit groupsApril 2, 2022Government proposes to raise non-taxable income, pensions and social benefitsMarch 26, 2022Orlen Lithuania plans to refine Saudi oil onlyMarch 19, 2022Transit flights over Lithuania halve due to Russia sanctionsMarch 12, 2022Viciunai suspends operation in RussiaMarch 5, 2022“Novaturas” organizes assistance to travelers from UkraineFebruary 26, 2022Minister: we will ensure the possibility for Ukrainian cargo carriers to return home through LithuaniaFebruary 19, 2022Lithuania ready to expand exports to African countriesFebruary 12, 2022Lithuanian company plans to attract a hundred and a half new employeesFebruary 5, 2022Cabinet approved zero VAT on heatingJanuary 29, 2022Seimas reject ruling block’s bid to liberalize alcohol saleJanuary 21, 2022Prototype electric passenger bus is being tested at Vilnius AirportJanuary 16, 2022SunExpress will launch direct regular flights between Vilnius and AntalyaJanuary 8, 2022Taiwan plans to invest USD 200 mln in LithuaniaJanuary 2, 2022Government earmarks EUR 6 mln for businesses hit by China’s restrictionsDecember 25, 2021Belaruskali contract termination after government’s decisionDecember 19, 2021Parliament adopts 2022 budgetDecember 11, 2021Firms invited to bid for NSPA contract to develop military infrastructureDecember 4, 2021Lithuania posts 11 percent labor income growthNovember 27, 2021Cabinet approves new car pollution taxNovember 19, 2021Reconstruction of Vilnius Airport aerodrome is moving towards the endNovember 13, 2021New flight destinations launched at Lithuanian airportsNovember 7, 2021Business representatives want more relaxed migration policyOctober 29, 2021Lithuania announces its 1st 5G frequency auctionOctober 23, 2021The reconstruction of Palanga Airport is completeOctober 15, 2021Parliament approves reform of gambling sectorOctober 9, 2021Cheapest food product prices rise in SeptemberOctober 2, 2021Finance Ministry initiates discussion on solidarity tax on high earnersSeptember 26, 2021Wizz Air set to relaunch Vilnius-Paris flightsSeptember 18, 2021Palanga Airport begins major reconstruction worksSeptember 12, 2021Economic growth allows increasing pensions and public sector wagesSeptember 3, 2021Ministry to propose raising minimum wageAugust 28, 2021Some 250,000 Lithuanians register to stay in UKAugust 21, 2021Lithuania’s illicit tobacco market remains among biggest in EuropeAugust 14, 2021Belarus fertilizer shipments via Lithuania to stop in DecemberAugust 7, 2021Reconstruction of Palanga Airport: main works to begin in SeptemberJuly 31, 2021At-risk-of-poverty rate falls during pandemicJuly 24, 2021Businesses need more third-country workersJuly 17, 2021Passenger flow more than doubled at Lithuanian Airports in the second quarterJuly 10, 2021Lithuania’s businesses complain of labor shortageJuly 3, 2021Ministry proposes to withdraw part of Mobility Package lawsuitJune 27, 2021Ministry suggests increasing minimum wage to EUR 703June 18, 2021Finance Minister singles out fairness of tax system as one of key objectivesJune 12, 2021EU minimum wages grew cautiously amid COVID-19 economic uncertaintyJune 5, 2021Nearly 50 more direct flight routes to be renewed at Lithuanian Airports in JuneMay 28, 2021Lithuania has potential to produce COVID-19 vaccinesMay 21, 2021Increasingly more Belarusian companies intend to move to LithuaniaMay 15, 2021Lithuanian airports’ statistics: gradual recovery has begunMay 8, 2021New source of support for Lithuanian small and microbusinesses businessMay 1, 2021Lithuanian Airports signs contract for Palanga Airport’s runway reconstructionApril 24, 2021Klaipeda expects to receive 1st cruise ship this year in JulyApril 17, 2021Rail Baltica should have a direct access to Vilnius and Kaunas airportsApril 9, 2021Palanga Airport opens Covid-19 testing siteApril 3, 2021Airport management and information display system installed at Lithuanian AirportsMarch 27, 2021SAS to resume flights from Vilnius to StockholmMarch 19, 2021Some provisions of Mobility Package undermine the principles of the EU single marketMarch 13, 2021Government wants to up number of flight destinations to 110 by 2024March 6, 2021Revolut launches as a bank in 10 European marketsFebruary 27, 2021OECD: Lithuania needs to boost municipal borrowing capacityFebruary 20, 2021Moody’s improves, Standard & Poor’s affirms Lithuania’s ratingFebruary 14, 2021Large firms can expect alternative support for testingFebruary 7, 2021Thermo Fisher Scientific opening new production building in VilniusJanuary 30, 2021Lithuania and Sweden are to coordinate actions in implementing Green DealJanuary 23, 2021Paysera expands to Spain: company established, to be followed by a client service networkJanuary 16, 2021Lithuania to look for long-term strategy on BelarusJanuary 9, 2021Foreigners can also declare their place of residence at the Migration DepartmentJanuary 2, 2021Reduced 5 pct VAT rate on online media approvedDecember 26, 2020Ministers authorized to grant entry to foreign specialistsDecember 18, 2020SBA Group sells logistics centre and factory real estate to EfTEN FundDecember 11, 2020New government plans to review all tax incentivesDecember 5, 2020Air Baltic launches new flight from VilniusNovember 28, 2020Lithuanian airports to add more flight destinations in DecemberNovember 21, 2020Lithuania rises to 27th position in IMD World Talent RankingNovember 14, 2020Lithuanians optimistic about national economyNovember 7, 2020Electricity trade with Belarus haltedOctober 25, 2020Budget deficit to narrow, debt-to-GDP ratio to stabilize in 2021October 17, 2020A new commercial bank has launched operations in LithuaniaOctober 10, 2020Budget deficit expected to reach 5–6 pct of GDP next yearSeptember 30, 2020Government makes it easier for highly-qualified people to come to LithuaniaSeptember 27, 2020Minimum wage could rise by EUR 35 next yearSeptember 25, 2020Lithuania mulls allowing third-country businesses open e-money accounts LEAVE AN APPLICATION FOR A FREE CONSULTATION Konstitucjos ave. 12-329, Vilnius, Lithuania
