Šimkus on what he expects from the ECB in the autumn: 'The data should make it unpleasantly surprising that such a decision is no longer on the table' On Thursday, July 18, the European Central Bank (ECB) left the key interest rate, which had been lowered in June, unchanged due to the outlook for inflation and other macroeconomic indicators. Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania (LB), is inclined to forecast further interest rate cuts in September and December of this year.
Housing in Vilnius has thousands of options to choose from, but many of them are not attracting buyers
Banks to pay solidarity levy for one more year: the Seimas gives the green light, announces how much it is expected
Politicians from both countries are calling Taiwan's 10-million-dollar investment in the Lithuanian start-up TransferGo a victory for democracy
Here's how easy it is to circumvent sanctions: those caught openly said they were transporting timber to the EU from Belarus
Vidmantas Janulevičius. Ominous signs still abound in Lithuanian industry – the figures are unpleasantly shocking
Warning of dangerous changes: foreign businesses are taking profits but looking elsewhere for investment opportunities