Vice-Minister of Finance of Lithuania – Adviser to the President-Elect of the European Commission

Vice-Minister Miglė Tuskienė has been invited to join the team of President-elect of the European Commission Ursula von der Leyen. She will be an economic adviser. “I am very pleased and proud of my colleague’s professional achievements and competences, which have not only brought value to our country, but also have...

For Strengthening the Economy — A Joint Financial Instrument of the Baltic States

A unified regulatory framework for covered bonds in the Baltic states is at an advanced stage of development which will offer more opportunities to attract investment. The European Bank for Reconstruction and Development (EBRD) with consultants presented the final report on the development of the Pan-Baltic Covered Bond Framework. On...

The US is interested in cooperation opportunities with Lithuania

Successful financial technology (Fintech) in Lithuania, potential US investment opportunities and Lithuania‘s investments lead by cooperation — the issues discussed at a high level meeting yesterday by Minister of Finance  Vilius Šapoka and Governor of the US State of Pennsylvania Tom Wolf.

Moody’s Upgrades Lithuania's Credit Rating Outlook To Positive

Lithuania’s long-term rating outlook from stable became positive. It has been upgraded by the international credit ratings agency Moody‘s after the positive assessment of the fiscal policy pursued by the country. Currently, long-term and short-term credit ratings affirmed by the agency (A3 and P-2) remain unchanged.