Lithuania regarded as advanced economy by IMF for first time
April 16 / 2015

Lithuania regarded as advanced economy by IMF for first time

Lithuania made the list of advanced economies as determined by the International Monetary Fund (IMF), announced the Bank of Lithuania on Tuesday.

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Lithuania – for ethical travellers
April 10 / 2015

Lithuania – for ethical travellers

For the third year in a row (since 2013) Lithuania has been listed among the ten most ethical countries in the world. The US non-profit organization “Ethical Traveler” annually invites people to travel responsibly and choose destinations that have been named as the most ethical.

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Lithuania celebrates Easter
April 05 / 2015

Lithuania celebrates Easter

On 5–6 April, Lithuania celebrates the holy Easter. This Catholic festival falls on a different date each year, since it is celebrated on the first full moon Sunday after the spring equinox. Holy Easter symbolizes the resurrection of Christ. The celebration has retained some of the pagan elements like Easter eggs, Easter bunnies and the Easter Granny. Easter also symbolizes the awakening of nature as well as spiritual renewal.

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“National Geographic“ invites visitors to the Trakai Castle!
March 31 / 2015

“National Geographic“ invites visitors to the Trakai Castle!

Available in 38 languages across the world, the National Geographic has cheered its Lithuanian readers by a special issue, which lists Lithuania, particularly the Trakai Castle, among 100 unexplored destinations, worth visiting according to the editors.

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20th Vilnius International Film Festival begins
March 19 / 2015

20th Vilnius International Film Festival begins

The 20th International Vilnius Film Festival Kino Pavasaris (Cinema Spring) opens Thursday night at the National Philharmonic in Vilnius. The Festival presents over 250 films including Lithuanian and foreign film retrospectives and main international awarded-winning films.

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Lithuania 1st globally for conditions for Business Process Outsourcing
March 18 / 2015

Lithuania 1st globally for conditions for Business Process Outsourcing

Lithuania has the best business conditions globally for Business Process Outsourcing according to a newly published index. The Business Process Outsourcing (BPO) and Shared Service Location Index is published by Cushman & Wakefield, the world’s largest privately held real estate agency. And in this year’s index, Lithuania, a new entrant, was rated first in the world in the business conditions category, and took 11th place in the overall index, making it the highest ranked new entrant.

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German National Broadcaster: Lithuania leads Europe for electronic public services
March 13 / 2015

German National Broadcaster: Lithuania leads Europe for electronic public services

Deutsche Welle, Germany’s national broadcaster, has identified Lithuania as a leader both in the EU and globally for its e-government services and internet coverage. The broadcaster, in its news programme Journal, noted that Lithuania has one of the most advanced electronic public services in Europe and is a world leader for ICT infrastructure.

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Lithuania celebrating 25 years of restored independence
March 11 / 2015

Lithuania celebrating 25 years of restored independence

Lithuania is celebrating the 25-year anniversary of restoration of independence, with concerts, solemn ceremonies and exhibitions planned across the country for the occasion.

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Vilnius one of four best Cities in Europe for Fast-Growing Companies
March 06 / 2015

Vilnius one of four best Cities in Europe for Fast-Growing Companies

Vilnius has been ranked 4th in Europe as a city for fast-growth businesses. The list, compiled by influential US business publication Inc., rated European cities on the number companies that made it onto Inc.’s 5000 Europe list of rapidly-expanding enterprises.

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Finnish investors attracted to Baltic States by cost competitiveness
February 24 / 2015

Finnish investors attracted to Baltic States by cost competitiveness

Lithuania following Estonia in direct investments from Finland with low wage levels, small taxes and a hungry workforce.

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