Eurozone

Here are some of the major events to watch for in Lithuania's politics, culture and society in 2018:

The European Commission proposes to transform the 500-billion-euro European Stability Mechanism (ESM) into a European Monetary Fund (EMF) to more rapidly respond to financial difficulties in Eurozone member states.

After the latest EU deal to extend more credit to Greece, Lithuanian economists are divided on whether the EU bailout has helped Greece and put it on the road to recovery, or has simply bailed out European banks at the cost of the EU taxpayer and the Greek public.

Lithuania’s exports are expected to jump 5% to €11.1 billion in 2016 driven by stronger economic growth in both the Eurozone and Scandinavian countries, according to Enterprise Lithuania’s latest projections.

Lithuania has been commended by the Eurogroup, the meeting of eurozone's finance ministers, for its efforts to cut budget deficit and rein in public spending, says Finance Minister Rimantas Šadžius.

Stronger growth in the Eurozone and a stabilising international environment, supported by strong domestic consumption should boost Lithuanian businesses in 2016, according to Swedbank.

Lithuania's economy will grow by 2.8% in 2015 despite a range of headwinds, driven on by increased consumer spending, low oil prices and a recovering Eurozone, according to SEB Bank’s latest projections.

With the new year will come new changes to Lithuania's tax codes and other laws that will change residents' everyday lives and hopefully propel the country towards continued growth.

Lithuanian economic growth this year has been the slowest among the Baltic countries, but analysts at Danske Bank predict that the country's gross domestic product growth next year will be faster than in Estonia and, in 2017, will bypass Latvia as well.

Having joined the eurozone this year and successfully advertised its natural and urban wonders, Lithuania has become a new darling of international travel 'listicles'. Its brushed-up capital, ambitious start-ups and emerging foodie hotspots make many visitors wonder if this is really one of the poor...

It has been almost a year since Lithuania has abandoned its national currency for the euro, but many Lithuanians still cling to the litas. A recent survey shows that two out of three Lithuanian shoppers would prefer to see prices indicated in both currencies, the litas and the euro, TV3 television r...

The Eurogroup, which has discussed the European Commission's (EC) recent assessments of 2016 Draft Budgetary Plans (DPBs) of the Eurozone member-states, expressed doubts about the EC assessment of the Lithuanian economic cycle

As many as 65 percent of Lithuanians, most of them younger people (aged 15-34 years), say they are already used to changes after the euro adoption, the latest survey for September has shown. However, compared to February's survey, considerably more respondents believe that prices of goods and servic...