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2022 02 26
G. Skaistė: “EU Finance Ministers Support Russia’s Disconnection from the International Financial System“

The informal ECOFIN Council of Ministers of Economy and Finance of the European Union, held yesterday in Paris, discussed the disconnection of Russia from the international payment system “SWIFT”, and the European Commission was tasked with exploring the possibilities for such a solution and responding ...

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2022 01 21
State Investment Management Agency and European Investment Bank launch first support for Lithuanian Mid-Caps under European Guarantee Fund

In a ceremony at the Lithuanian Ministry of Finance today, the European Investment Bank (EIB) and State Investment Management Agency (VIVA) have announced new support for Lithuanian companies in the context of the Pan-European Guarantee Fund (EGF). This is the first time ...

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2022 01 17
Green Economic Development in Lithuania is Gaining Momentum: Recommendations for Lithuania’s Sustainable (Green) Finance Action Plan

The sustainable finance project carried out by the Ministry of Finance of the Republic of Lithuania together with the European Commission (EC) and the European Bank for Reconstruction and Development (EBRD) is on the final straight — the recommendations for Lithuania’s ...

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2022 01 12
Minister of Finance G. Skaistė: “Aiming For Fiscal Sustainability in the EU, We Should Not Forget the Economic Growth”

Today, Mr Paschal Donohoe, President of the Eurogroup (EG) and Minister of Finance of Ireland, who is currently on a visit to Vilnius, first met with Minister of Finance of the Republic of Lithuania Gintarė Skaistė. During the bilateral meeting, the ministers discussed the economic outlook ...

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2022 01 05
FT Group Magazine The Banker Announced G. Skaistė to be the Winner of the 2022 Global Finance Minister of the Year

The Magazine The Banker, a member of the Financial Times publication group, announced Minister of Finance Gintarė Skaistė to be the winner of the  Finance Minister of the Year in global and European context. Each year, the Magazine compiles the list of the best finance ministers of the year, ...

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2022 01 05
Minister of Finance G. Skaistė: “The Lithuanian Fintech Sector Will Have Even Better Opportunities in Europe”

Today the Seimas adopted a package of amendments to the Law on Markets in Financial Instruments prepared by the Ministry of Finance, which transposes the European Union directives and regulations thus providing more opportunities for crowdfunding companies and creating conditions for better risk ...

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2021 12 13
Substantial European support for Lithuanian businesses hit by COVID-19 pandemic: up to €364 million

The Lithuanian Ministry of Finance and the European Investment Fund (EIF) have announced substantial new support for Lithuanian SMEs in the context of the Pan-European Guarantee Fund (EGF). Guarantee agreements with five Lithuanian financial intermediaries will make available up to an additional €364 million in new ...

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2021 12 08
Discussion organised by the Bank of Lithuania: institutions and market participants agreed on sustainable FinTech development

State institutions and market participants will continue to work together to strengthen Lithuania’s position as a regional financial innovation hub. Future vision, maturity and other issues relevant to FinTech companies were discussed at event organised by the Bank of Lithuania. ...

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2021 10 20
Minister of Finance G. Skaistė: “Lithuania consistently deepens involvement and cooperation with the IMF”

Today Minister of Finance Gintarė Skaistė met with Mr. Bo Li, Deputy Managing Director at the International Monetary Fund (IMF). The focus of the meeting was the deepening of cooperation between Lithuania and the IMF. During the meeting Minister G. Skaistė and Deputy Managing Director of the IMF B. Li ...

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2021 10 13
Annual meetings of the IMF and the World Bank: as economies recover, we need to focus on building a more resilient, inclusive and green future

The hybrid annual meeting of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank (WB) will take place on 14-17 October. This year’s meetings focus on discussions on further steps to contain the pandemic, including acceleration of ...

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2021 10 12
Minister of Finance G. Skaistė: “The future of a steadily growing Fintech sector — development, innovation and risk management“

After Lithuania achieved a breakthrough in the financial technology (Fintech) sector over the last few years− it is natural that the volume of risks increases, therefore, according to Minister of Finance Gintarė Skaistė, it is very important for market participants and ...

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2021 10 01
Sustainable Development of Capital Markets in the Baltics Could Open New Opportunities for Regional Businesses

More than 200 international and Lithuanian experts and decision makers in finance and economics gathered in Vilnius today to take part in the 8th International Financial Markets Conference “Developing Capital Markets in the Baltics”, which was organized by the Ministry of Finance of the Republic of ...

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