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The information at the disposal of the Ministry of Foreign Affairs of Latvia indicates that the Russian Federation (RF) may have taken actions within the CIS (Commonwealth of Independent States) to target present and former Latvian officials who have participated in taking decisions aimed at condemn...
Gitanas Nausėda, Žygimantas Mauricas and Nerijus Mačiulis, all economists at leading commercial banks in Lithuania, are optimistic about Lithuania's economy in the coming year but they highlighted some of the greatest economic risks Lithuania faces in the coming year - most of them international rat...
In January for the first time since August 2007, Russia lost its position as the most important export market for Lithuanian products.
Lithuanian and foreign military analysts have been looking into hypothetical scenarios of a hybrid war breaking out in the Baltics for some time now - most of them envisage an attack from Russia, forgetting or simply ignoring the possibility of such an attack coming from Belarus.
Lithuania is the fourth biggest direct exporter to the Belarusian market and the leader among EU countries, according to the latest figures.
“The beginning of 2016 was one of the worst years in history for raw material and stock prices,” said Swedbank Chief Economist Nerijus Mačiulis. On Tuesday, he presented his projections for economic growth in Lithuania, and the prospects for exports and the international economy.
After evaluating Lithuania's economic situation and the impact of external factors on its economic growth tendencies, the Ministry of Finance has revised main macroeconomic projections for 2015-2017 and prepared projections for 2018.
Due to the current geopolitical tensions and crisis, Lithuania's exports to the region of the Commonwealth of Independent States (CIS) last year declined by EUR 158 million, however, at the same time exports to new markets grew by EUR 176 million.
