Although the use of cash is declining, it remains the most popular means of payment at points of sale (POS) and in person to person (P2P) payments not only in Lithuania but throughout the entire euro area as well. Payment cards are the second most...
More → - (Source: Bank of Lithuania)
More → - (Source: Delfi Politics)
More → - (Source: Delfi Politics)
The Lithuanian government has decided to impose new restrictions on gatherings as the country's cumulative 14-day number of virus cases per 100 000 people have reached 993, Lithuanian public broadcaster LRT and the EU European Centre for Disease Prevention and Control report.
More → - (Source: Baltic News Network)
More → - (Source: Lithuania Tribune)
More → - (Source: Delfi Politics)
Following the assessment and proposal of the Bank of Lithuania, the European Central Bank (ECB) granted Crius LT, UAB a specialised bank licence.
On 30 November, the Bank of Lithuania issued into circulation the €5 gold collector coin dedicated to Agricultural Sciences, which will be the fifth addition to the series “Lithuanian Science”.
On 30 November 2020, 16:00 (EET) / 15:00 (CET) the Bank of Lithuania and ROCKIT will hold a virtual event “Upgrading Money to the Digital Age: Introducing Digital Euro”.
The recent mergers of commercial banks in the Baltic States as well as withdrawal of some foreign banks have led to higher market concentration, yet opened the door to smaller market participants and alternative finance providers. The competitive...
Balance Sheet and Interest Rates of Monetary Financial Institutions, October 2020
Last week, the top news in Lithuania were Ingrida Šimonytė being approved as Prime Minister, COVID-19 lockdown being extended, and President Nausėda hinting he could reject some ministerial candidates.
In a Zoom video conference on Monday, November 23, with Lithuania’s top leaders, including president Gitanas Nausėda, Angel Gurria, the secretary-general of the Organization of Economic Cooperation and Development, warned Lithuania against taking rushed measures aiming to curb the country’s rising public debt.
In Lithuania, conservative Ingrida Šimonytė has on Wednesday, November 25, received presidential backing to become the new head of government, Lithuanian public broadcaster LRT reports.
The key news in Lithuania last week were the Prime Minister-designate unveiling members of her potential government Cabinet, visit by Polish President Andrzej Duda and EU court cutting EC fine for Lithuanian Railways to 20 mn euros.
As the outgoing Lithuanian government hinted this week about the extension of the country’s COVID—19-incuded lockdown, hospitality and tourism industries, most hit by the contagious virus, are bracing for further devastation.
… Klaipeda-based LNG terminal in Lithuania, marking a fourth such delivery … LNG tanker docked at the Lithuanian FSRU Independence on Wednesday morning …
Lithuania';s Energy Ministry' … concern not only for the Lithuanian company's key shareholder … taken into account, might reduce Lithuania';s investment attractiveness. " … in 2014 and later amended, Lithuania committed to buy the minimum …
The Vilnius second-tier court has rejected … LT, reports Vz.lt. Telia Lithuania remains the winner of the … matter were halted because Bite Lithuania didn't follow the … required procedure. Bite Lithuania has submitted several court appeals …
Lithuania';s pipeline construction company … Europe," Simonas Kunickas, the Lithuanian company's CEO, said … for a Gas Interconnector Poland-Lithuania (GIPL) construction contract, but lost …
… can expect in 2021. KAUNAS, LITHUANIA, December 1, 2020 /EINPresswire … established a successful business, with Lithuania';s headquarters and an …