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2023 11 17
Fitch Ratings and DBRS Morningstar affirmed Lithuania's high credit rating with a stable outlook

On Friday, the international credit rating agency Fitch Ratings reaffirmed the long-term debt rating at ‘A’ previously assigned to Lithuania and left a stable outlook. The same credit rating – ‘A (high)’ with a stable outlook – was also assigned to our country by the DBRS Morningstar credit rating agency.  "In the context of ...

2023 11 17
Vice-Minister of Finance V. Markevičienė: "We invite Singaporean companies to take advantage of our Fintech ecosystem and invest in Lithuania" 

At one of the world's largest financial technology forums, Singapore Fintech Festival 2023, which is held in Singapore, Lithuania's Vice-Minister of Finance Vaida Markevičienė invited the financial sector companies of this country to set up in Lithuania, look ...

2023 11 13
Agreement was reached on the 2024 European Union Budget: EUR 2.7 billion will reach Lithuania

After intense negotiations, on 11 November, the European Parliament (EP) and the Council of the European Union (EU) reached an agreement on the 2024 EU budget. Next year's Community budget payment appropriations will exceed EUR 142 billion. Lithuania will receive about EUR 2.7 billion from the EU budget next year, and the ...

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2023 11 10
Lithuania formally submitted the application to host AMLA in Vilnius

Today, the official application of Lithuania to host the Anti-Money Laundering Agency (AMLA) in Lithuania signed by Minister of Finance Gintarė Skaistė was submitted to the European Commission. “Today, we formally submitted to the European Commission the Vilnius application to host AMLA. At the Government level, we have set our ambition to attract the ...

2023 11 09
The ECOFIN Council approved the plan "New Generation Lithuania" supplemented with investments

Today, in Brussels, the Economic and Financial Affairs Council (ECOFIN) approved the plan "New Generation Lithuania" supplemented with new investments of EUR 1.7 billion, including measures for business, green, innovative, digital technologies, production and export of high value-added products, cyber security, renovation of ...

2023 11 08
Vice-Minister of Finance M. Liutvinskas: "We must not be afraid to make decisions regarding the use of frozen russian assets for the benefits of Ukraine"

On 8-10 November, Vice-Minister of Finance Mindaugas Liutvinskas will participate in the meetings of the Eurogroup (EG) and the European Union (EU) Finance Ministers (ECOFIN) in Brussels, where the greatest attention will be paid to the EU's financial ...

2023 11 08
Lithuania allocates EUR 2 million to Ukraine for solving the social consequences of the war

Today, the Government meeting approved further Lithuanian support to Ukraine through the instruments of international financial institutions: EUR 1 million is allocated to the European Bank for Reconstruction and Development (EBRD) fund supporting inclusion, and EUR 1 million – to the Council of Europe Development Bank’s (CEB) ...

2023 11 03
G. Skaistė: "Lithuania appreciates Germany's plans to contribute to regional security and is doing its homework"

Minister of Finance of Germany Christian Lindner is visiting Vilnius today, where he had a meeting with Minister of Finance of Lithuania Gintarė Skaistė. During the bilateral meeting, the Ministers discussed the review of the European Union (EU) long-term budget, EU support to Ukraine, reform of EU ...

2023 10 30
The Government approved adding investments to the plan "New Generation Lithuania"

At a meeting on Monday, the Cabinet of Ministers approved adding new investments to the plan "New Generation Lithuania", which received a positive assessment by the European Commission (EC), and its submission to the Economic and Financial Affairs Council (ECOFIN) for approval. After the endorsement by the EC, the modification of the Plan is ...

2023 10 26
Vice-Minister of Finance M. Liutvinskas in a meeting with President of the European Parliament R. Metsola: "Vilnius is the best home for the new EU Anti-Money Laundering Authority"

Vice-Minister of Finance Mindaugas Liutvinskas had a meeting with President of the European Parliament Roberta Metsola in Brussels, where he presented Lithuania's candidacy in order to attract the newly created ...

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2023 10 26
NIB finances Lithuania’s public building renovation programme

The Nordic Investment Bank (NIB) and the Republic of Lithuania have signed a 20-year credit facility to co-finance the energy efficiency programme for public buildings during 2023–2026. “As in the other Baltic countries, a large share of Lithuania’s public buildings was constructed before 1990, making them costly for both the climate and public finances. Through our ...

2023 10 26
Vice-Minister of Finance V. Markevičienė invited Taiwanese companies to invest in our country and take advantage of the Fintech ecosystem

At the international forum of financial technology "Fintech Taipei 2023", Vice-Minister of Finance of the Republic of Lithuania Vaida Markevičienė, who is visiting Taipei with a business mission, invited Taiwanese investors and financial sector entities to set up in ...

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