Dalia Grybauskaitė
Politics

Questions for the president about commercial and central banks’ actions in crisis investigation

The Seimas Committee on Budget and Finance will request President Dalia Grybauskaitė to answer questions on the financial crisis. She will be sent questions about the actions of commercial banks and the Bank of Lithuania by committee chairman Stasys Jakeliūnas. Former Prime Minister Andrius Kubilius criticises such pursuits and similarly to the president, describes S. Jakeliūnas as inadequate, lrt.lt writes. […]

Rimantas Šadžius
European Union

EU auditor calls on Lithuania to prepare for end of EU funding

With no major EU aid likely to be provided to Lithuania after 2020, the country should take efforts to ensure that the available European funds yield a return for the state, Rimantas Šadžius, a former finance minister and now a member of the European Court of Auditors (ECA), said. […]

Rimantas Šadžius
Economy

Lithuania ‘can have surplus budget’ this year

Lithuanian Finance Minister Rimantas Šadžius says that the government could finish the year with extra funds in the state coffers. […]

Rasa Budbergytė
Politics

Budbergytė named candidate for finance minister as Šadžius lands nomination for ECA

Lithuania’s Prime Minister Algirdas Butkevičius has named Rasa Budbergytė as the candidate to replace Finance Minister Rimantas Šadžius. […]

Economy

‘People who say they make the minimum wage but have big money in their accounts should be worried’

About one tenth of all Lithuanian bank accounts will be scrutinised by the State Tax Inspectorate under a new law that requires banks to share information about depositors with tax authorities. […]