There have been plenty of challenges caused by geopolitical tensions, but looking at the results of the three quarters of 2014 we may rejoice at the fact that we have not stumbled in face of setbacks, said Prime Minister Algirdas Butkevičius at the Yearly Economic Forum of the Lithuanian Confederation of Industrialists (LPK), which discussed the most important economic issues and scenarios.
Algirdas Butkevičius
© DELFI / Kiril Čachovskij

The prime minister emphasised that the number of working people increased by 29,900 in a year or by 3.1 percent and grew the most in 10 years. According to the head of Government, changes in Lithuania have induced many people working abroad to return.

"In 2013 the number of citizens who returned to Lithuania increased by 9.3 percent, meanwhile in January-October of this year 9.2 percent more Lithuanians returned compared with the same period of 2013," the prime minister's statement read.

The prime minister said a website will be launched listing vacancies in municipalities, it will also contain detailed information about opportunities to start a new business, receive the needed financial support and set up anywhere in Lithuania.

The prime minister emphasised that next year will also be significant - electricity link with Sweden, the NordBalt link, will be completed and the euro will be adopted.

It is forbidden to copy the text of this publication without a written permission from ELTA.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Baltic States seek a single regional assessment

Ministers of finance of Lithuania, Latvia and Estonia, the European Commission and NASDAQ appealed...

LMT presents three digital service innovations at Baltic Mobile Congress

LMT (Latvian Mobile Telephone) is the telecommunications market leader in Latvia and a digital service...

CERN is considering the possibility of establishing business incubation centre

Last week, CERN delegation paid a visit to Kaunas University of Technology (KTU) Santaka Valley. The...

Israeli cloud services integrator chooses Vilnius for European base

TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European...

The popular French fashion brand „Gémo“ enters the Baltic States: first store in Lithuania – in 2019

The popular French fashion brand „Gémo“ entered the Baltic States - the first regional store was...