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Finland’s President thinks it is useful for countries to comply with euro...

BNS Finland’s President Sauli Niinisto says it is useful for countries to meet the euro adoption criteria and supports Lithuania’s ambition to join the euro zone. “I think it’s favourable for both...

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Bank of Lithuania: Economic growth is spurred by consumption and investments

This year’s increasing domestic demand – private consumption and investment – more rapidly than was expected is compensating the decreasing influence of export, reports the Bank of Lithuania. As a...

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EU’s Šemeta sees no serious obstacles to Lithuania’s euro entry

BNS EU Tax Commissioner Algirdas Šemeta said on Monday that he saw no serious obstacles to Lithuania’s eurozone membership. Šemeta underlined that the European Commission on June 4 would make its final...

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Grybauskaitė calls for higher defense budget, Balčytis says no war imminent

BNS Lithuania’s President Dalia Grybauskaitė on Thursday again called for an increase in defence spending by the end of this year due to what she said were threats from Russia. Speaking in the...

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