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2021 02 21
Rating Agency Moody’s Shows Confidence in the New Government – After Six Years It Upgrades Lithuania’s Long-Term Credit Rating, While Standard & Poor’s − Affirms the Tenable A+

The international credit rating agency Moody’s Investment Service has upgraded Lithuania’s A3 (positive outlook) long-term borrowing rating to A2 (stable outlook) in 2015. Another credit rating agency S&P ...

2021 01 21
The European Commission Publishes the Assessment of the Updated 2021 Lithuanian Draft Budgetary Plan

Today the European Commission (EC) published the assessment of the 2021 Lithuanian Draft Budgetary Plan updated by the XVIII Government stating that Lithuania takes proper fiscal measures in response to an adverse COVID-19 pandemic impact on the national economy, people and health system, and the fiscal policy pursued ...

2021 01 19
The Ministry of Finance Calls the Public to Mobilise for a Tax Relief Review

The Ministry of Finance, considering the provisions of the XVIII Government Programme related to more equitable and growth friendly tax system, calls the public to mobilise and by 10 February to submit specific proposals for a tax relief review. At the same time, the Ministry sets up a special expert group to discuss about expedience and impact of ...

2021 01 18
Renovation Wave: Innovative Investment Platform is Set Up to Increase Energy Efficiency of Multi-Apartment Buildings in Lithuania

The Ministry of Finance and the Ministry of Environment and the European Investment Bank (EIB) together invest the European Union (EU) assistance to a newly developed Investment Platform to increase financing volumes for renovation of multi-apartment buildings in Lithuania and to ...

2021 01 18
At the Euro Group and ECOFIN Summits – the Issues of the EU Economic Recovery and Non-Performing Loans

At video conference summits of the Euro Group (EG) and ECOFIN to be held on 18-19 January with participation of the Minister of Finance Gintarė Skaistė the main focus will be on the implementation of the Recovery and Resilience Facility and the issues of reduction of non-performing loans. “At the Euro Group ...

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