Lithuania

Swedbank and EIF to lend up to EUR 300 million to Baltic businesses and individuals

June 30, 2025

Swedbank, one of the largest commercial banks in Lithuania, and the European Investment Fund (EIF) will jointly provide up to EUR 300 million in loans to businesses and residents across [..]

Lithuania

Lithuanian government approves tax reforms

May 15, 2025

Lithuania’s Cabinet of Ministers on Wednesday approved a package of tax changes proposed by the Finance Ministry which will now be forwarded to Parliament for its consideration. Prime Minister Gintautas [..]

Lithuania

Businesses expect greater competition in Lithuania, Estonia raises taxes

September 27, 2024

Recession-hit Estonia is seeking to boost defence funding by raising the value-added, income and corporate taxes by 2%. Meanwhile, Lithuanian businesspeople and economists say that the country has a chance [..]

Lithuania

Luminor upgrades Lithuania’s GDP growth forecast for 2024 to 2.4 pct

September 19, 2024

Luminor Bank has upgraded its forecast for Lithuania’s economic growth and now expects the country’s GDP to grow by 2.4 percent this year, up from its March projection of 2 [..]

Estonia

Luminor: People still aspiring to own their home in Estonia despite economic challenges

March 3, 2024

Data on issued mortgage loans indicate that acquiring a home remains a priority for people even in the current challenging economic climate, somewhat aided by the real estate price surge [..]

Lithuania

People’s income growth outpaces inflation in Lithuania in Q3 – Sodra

December 5, 2023

People’s income continued to rise in Lithuania the third quarter of this year, with the growth outpacing inflation, the latest figures from the social insurance fund Sodra showed on Tuesday. [..]