Lithuania Following COVID-19: Investment That Will Change Economic DNA

Digitisation and reorientation of industry, attraction of new investment, retraining of the employed in high value-added areas, biotechnology, medical services, deployment of renewable energy sources. These are just a few of the long-term investment proposed by the Ministry of Finance to help the national economy recover after the pandemic and to change it...

Lithuania borrows the record amount in the international markets

Today Lithuania borrowed EUR 2 bn in the international capital markets by issuing two Eurobond issues of different maturities, the 5-year Eurobond of EUR 750 mn face value and 10-year Eurobond of EUR 1,250 mn face value.  This record amount received for Eurobonds will be used to provide liquidity for the state treasury.

Nordic-Baltic Ministers, Governors of the Nordic Investment Bank (NIB), have today invited the Bank to take swift action to help alleviate the effects from the corona crisis

The Governors urge the Bank to increase lending to the maximum level to businesses in the region affected by the crisis. In this way, the Bank can support stabilization of the economy in the Nordic-Baltic countries.

EUR 5 billion for public health and the national economy

Ambitious, showing solidarity, effective and therefore significant: this is a plan that today the Ministry of Finance has submitted to the Government together with the Ministry of Social Security and Labour, the Ministry of Economy and Innovation, the Ministry of Health, and the Bank of Lithuania. It is planned that 10% of the country’s gross domestic product (GDP) will be...