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2018 12 20
More Favourable Conditions for Investment Funds – Better Potential for Business to Attract Investments

Today the Seimas adopted the laws regulating the activities of collective investment undertakings (CIUs) aimed to create more favourable conditions for the activities of the investment funds and to reduce the administrative burden. These changes will contribute to developing more financing alternatives for business ...

2018 11 15
Baltic States Seek for a Single Regional Assessment

Ministers of finance of Lithuania, Latvia and Estonia, the European Commission and NASDAQ appealed to a global provider of equity indexes MSCI for a possibility of assessing the Baltic states not individually, but as a single region in using an industry classification system. The aim is to start a debate with MSCI for a possibility of improving the equity index of the countries. ...

2018 10 18
Lithuania Will Have More Business Financing Alternatives

Lithuania creates one of the most favourable conditions in the European Union for the activities of the investment funds. The Government approved draft laws regulating the activities of collective investment undertakings (CIUs) aimed to reduce the administrative burden on investment funds and to create more favourable conditions for their activities, and, therefore – more ...

2018 10 01
Minister of Finance V. Šapoka: Only EUR 1 Billion Out of EUR 6 Billion. How to Attract Other Institutional Investors' Money?

Enhancement of business funding diversification, more flexibility in investment in Lithuania and more close cooperation between the government and market players – areas with great potential for investing more assets accumulated by institutional investors in our country. At present, EUR 1 ...

2018 09 26
A Message to Financial Market Players in Lithuania: More Transparent Environment for Innovative Business Development and Focus on Consumer Protection

To ensure financial transparency of the activities performed by virtual currency exchange operators and depository wallet operators, consumer protection and to strengthen the fight against money laundering and terrorist financing, the Ministry of Finance ...

2018 08 29
Promoting Competition on Motor Insurance Market and Protection of Drivers

In order to promote competition on motor insurance market, enhance the protection of policyholders, reduce the accident rate and to improve cooperation between the representatives of the society and business concerned, the Ministry of Finance developed the Plan for Improving the Performance of Motor Third Party Liability Insurance Market that has been ...

2018 08 10
Fitch Ratings Upgraded 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 Fitch Ratings after the positive assessment of the fiscal policy pursued by the country. Currently, long-term and short-term credit ratings affirmed by the agency (A- and F1) remain unchanged.    “This ...

2018 08 06
Good News – More Business Financing Alternatives and Investment Opportunities

Reduction of administrative burden on investment funds and more favourable environment for their activities in Lithuania, and at the same time, creation of better possibilities of business financing and greater opportunities  for investors is the main goal of the draft laws on collective investment undertakings (CIU) which the Ministry of ...

2018 07 26
Lithuania Develops a New Long-Term Financing Instrument Offering More Opportunities for Business

The Ministry of Finance presented for public consultation the draft Law on Securitisation and Covered Bonds creating increased opportunities for financial institutions to attract funds and to finance undertakings, thus contributing to the promotion of long-term national economic growth. This law is the outcome of the ...

2018 07 18
Vilius Šapoka, the Minister of Finance: the capital markets union is beneficial for all countries of the European Union

Today 8 countries of the EU have expressed united position on creation of the single capital markets union. It will contribute to sustainable growth of economics, stability of the financial system and diversity of sources for funding of business within the EU. The statement has been signed by ...

2018 07 09
Vilius Šapoka, the Minister of Finance: Lithuania seeks to become China‘s financial service gateway to Europe

In the meeting of heads of Governments of China and the Central and Eastern European countries 16+1, wherein Lithuania was represented by Vilius Šapoka, the Minister of Finance, it was agreed to establish a financial technologies coordination centre of 16+1 format in Vilnius and to organize high-level ...

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2018 07 05
The head of OECD Jose Angel Gurria while presenting economic progress of Lithuania: “May unity flourish“

Today, in the Government, the Prime Minster Saulius Skvernelis, the Minister of Finance Vilius Šapoka and other members of the Government, representatives of institutions and media were presented with the Economic Survey of Lithuania, which was prepared by the Organization for Economic Cooperation and ...

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