The Economy

13 May 2026

Lithuania Appoints New Ombudsman to Tackle State Bureaucracy: what residents need to know

The Lithuanian Parliament, the Seimas, has officially confirmed the appointment of Aleksandras Radčenka as the country’s new Parliamentary Ombudsman. Following a recommendation from the Speaker…

Modern glass-fronted office buildings in a Lithuanian business district during the early evening.

13 May 2026

Lithuania Demands Fairer Burden-Sharing for Ukraine Military Aid

Lithuanian President Gitanas Nausėda has issued a firm call to European allies to ensure a more equitable distribution of the financial burden regarding military support…

Leaders stand together in front of a large blue B9 and Nordic Countries Summit backdrop.

13 May 2026

Hackney renters face eye-watering costs as Mayor demands rent controls

Title: Hackney leadership revealed as first Green cabinet takes charge From the Victorian terraces of Clapton to the modern apartment blocks of Haggerston, the monthly…

Portrait of a smiling woman with vibrant pink bangs and blue eyes wearing a pink jacket.

13 May 2026

Lithuania Targets Regional Brain Drain with Affordable Housing Strategy

The Lithuanian Presidency has launched a high-level initiative to address a critical shortage of affordable housing, signaling a strategic shift from traditional social welfare models…

A view of historic brick buildings contrasted with modern glass residential towers in Vilnius, Lithuania.

13 May 2026

Free Pool Access in Šiauliai: A New Model for Public Health

Residents in the Lithuanian city of Šiauliai are gaining unprecedented access to wellness facilities through a strategic partnership between the local municipality and the private…

Swimming pool with blue tiles, a red lane divider, and concentric orange light reflections.

13 May 2026

Lithuanian Teachers Denied Promised Raises as Funds 'Vanish' in Councils

The Lithuanian Seimas Committee on Education and Science has launched a formal inquiry into why millions of euros in state-allocated funding for teacher salaries are…

A top-down view of a teacher's desk featuring lesson plans, a tablet, and a coffee mug.

13 May 2026

Lithuania Finalises National Development Bank to Fuel Economic Growth

The Lithuanian government has officially approved the legislative framework required to complete the transformation of ILTE into a fully-fledged National Development Bank (NPB). This move,…

Wide view of the modern Vilnius skyline and Neris River in Lithuania under a clear sky.

13 May 2026

Lithuania to Close Social Insurance Loophole for Multi-Job Workers: practical information

The Lithuanian Government has officially approved a legislative proposal aimed at strengthening social guarantees for thousands of workers who hold multiple part-time positions. The move,…

A black calculator and pen beside blank white paper on a clean office desk.

13 May 2026

Europe’s Housing Paradox: The 60% Price Surge Fueling Social Exclusion

The European social model, long envied for its robust safety nets, is currently buckling under the weight of a deepening housing crisis. What was once…

Smiling man with short grey hair wearing a navy suit and blue tie against blurred background.

13 May 2026

Ventspils Invests €97,000 to Create 498 Summer Jobs for Students

The Ventspils City Council has officially approved a significant funding package aimed at bolstering youth employment for the upcoming summer season. With a dedicated allocation…

Colorful blue and yellow wooden block letters spelling the word JOBS on a plain background.

13 May 2026

Lithuania’s €5.6m Housing Support: The One-Day Application Guide

On May 19th, a significant but brief window of opportunity opens for residents in Lithuania seeking to secure state-backed housing support. For exactly seven hours—or…

An aerial view of Vilnius, Lithuania, showcasing a variety of modern and traditional residential buildings.

13 May 2026

BaltCap Revenue Hits €1.25 Billion as Baltic Firms Show Resilience

BaltCap, the largest private equity firm in the Baltic States, has reported a steady climb in its portfolio performance for 2025, with total revenue across…

Modern glass office buildings with distinctive geometric metal facades in a Baltic business district.

13 May 2026

Lithuanian Shoppers Ditch Big Brands as Private Label Sales Surge 30%: what residents need to know

In Lithuania, the grocery landscape is undergoing a significant transformation that mirrors long-standing shifts in the UK and Western Europe. Sales of "Clever," a budget-friendly…

Supermarket shelves stocked with various brands of packaged rice in bags and boxes with price tags.

13 May 2026

Lithuania Hits €500m Milestone as Citizens Fund Defense Bonds

Lithuania has reached a significant financial and strategic milestone in its efforts to bolster national security. Between April 28 and May 11, the Baltic nation…

The Vytis knight statue and a waving Lithuanian flag in front of historical fortifications, symbolizing national defense.

12 May 2026

Ealing leadership team takes charge of local services and housing

Ealing Council Leader Peter Mason has formally appointed the cabinet members who will oversee the borough's multi-million pound budget and essential public services for the…

A large multi-story residential apartment block rising above a dense line of trees.

12 May 2026

Marijampolė Woos Diaspora: New Support for Returning Lithuanians

In the heart of the Sūduva region, a strategic shift is taking place. The city of Marijampolė recently hosted an event titled "Welcome Back! Let’s…

People sitting in an audience listening attentively during a seminar or local community presentation.

12 May 2026

Lithuania’s €28m Power Grid Overhaul: Storm-Proofing the Forested East

Lithuania’s national energy distribution operator, ESO, has announced a targeted €28 million investment into the Utena region, a move designed to drastically reduce power outages…

A high-voltage electricity pylon stands in a snowy field against a backdrop of dense pine forest in Lithuania.

12 May 2026

EU Housing Crisis: How Lithuania Plans to Tackle the 60% Price Surge Through Permit Reform

Over the last decade, housing prices across the European Union have surged by more than 60%. This dramatic escalation has significantly outpaced the growth of…

A modern glass building under construction with industrial cranes against a bright sky, symbolizing Lithuania's push for housing development.

12 May 2026

Lithuania Proposes New €250 Million Investment Thresholds to Boost Data Economy

Lithuania is moving to significantly lower the barriers for major industrial and technology projects, setting a €250 million threshold for national-scale investments and a much…

A wide shot of the Vilnius city skyline in Lithuania, showcasing modern skyscrapers alongside the Neris River.

12 May 2026

Vilnius to Upgrade 60 Civil Defense Shelters for Schools and Public

Vilnius has officially launched the second phase of its civil defense infrastructure expansion, prioritizing the safety of its youngest citizens. The municipal plan involves upgrading…

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