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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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2021 09 27
At the Meeting of Minister G. Skaistė with OECD Secretary-General M. Cormann – the Issue of International Review of Corporate Income Tax Principles

Today Minister of Finance Gintarė Skaistė had a meeting with Secretary-General of the Organisation for Economic Cooperation and Development (OECD) Mathias Cormann. The meeting focused on the international process on the review of corporate income tax ...

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2021 09 13
Successful Auction: Eurobond Re-opened in the Domestic Market for the First Time

On Monday for the first time Lithuanian investors were offered to tap in an auction a Eurobond that was previously issued in the international markets. The auction was the first step in ensuring the investors have an option to buy more liquid Government securities, whereas Lithuania borrowed at better terms.

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2021 09 10
Minister of Finance G. Skaistė: „Lithuania’s ambition to become the European AML Competence Centre“

In Slovenia Minister of Finance Gintarė Skaistė during the meeting with the Euro Commissioner for Financial Markets Policy Mairead McGuinness noted that Lithuania has the ambition to become the AML competence centre in Europe. According to the Minister, Lithuania supports the European Commission’s proposal to ...

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2021 09 09
Minister G. Skaistė: “In Revising the EU Fiscal Rules it is Important to Ensure Sustainability of Public Finances and to Strengthen Incentives for Growth”

At the Eurofi Financial Forum in Slovenia Minister of Finance Gintarė Skaistė is participating in the discussion on the review of the Stability and Growth Pact (SGP), where she notes the importance of ensuring the sustainability of public ...

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2021 07 08
Lithuania has issued a 30-year Eurobond

Today Lithuania borrowed EUR 750 million in the international capital markets by issuing a 30-year Eurobond. The annual coupon was set at 0.75 per cent. Previously Lithuania had issued Eurobonds of the same maturity in 2017, 2019 and 2020 with annual coupon rates at 2.1 per cent, 1.625 per cent and 0.5 per cent, respectively. ‘This is already the fourth issue of a 30-year maturity, ...

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2021 06 01
Minister of Finance Gintarė Skaistė Urges the World Bank to Suspend Activities in Belarus

Minister of Finance Gintarė Skaistė together with other World Bank Nordic and Baltic Governors participated in the virtual meeting with the President of the World Bank Group David Malpass and in a bilateral meeting with the incoming World Bank Executive Director for the Nordic-Baltic constituency Lene Lind. During the meetings, in ...

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2021 05 21
Minister of Finance G. Skaistė: “Further Development of the Fintech Sector Needs to Be More Focused on Quality Rather Than Quantity”

Today’s meeting of the Advisory Commission on Financial Markets Policy Formation focused on the long-term perspective of the financial technology (fintech) sector and risk management. At the meeting the stress was made that in recent several years Lithuania succeeded ...

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2021 05 17
Anti-money laundering in Lithuania taken to a qualitatively new level

Today, the Centre of Excellence in Anti-Money Laundering starts its activities in Lithuania. Bringing together representatives of both the public and private sectors, it aims to lift anti-money laundering practices implemented in the country to a whole new level. The Centre will be led by Eimantas Vytuvis, a highly experienced lawyer and certified anti-money ...

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