The Bank of Lithuania revealed what awaits the Lithuanian economy
The Bank of Lithuania (LB) has not changed the economic growth forecast published in June this year and believes that the country’s gross domestic product (GDP) will grow by 2.7%.
Gediminas Šimkus
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Gediminas Šimkus: energy prices – the main factor increasing inflation
The European Central Bank (ECB) last week raised interest rates by 25 basis points, its board member and head of the Bank of Lithuania (LB) Gediminas Šimkus says that this is…
Gediminas Šimkus does not predict further ECB decisions regarding interest rates
After the European Central Bank (ECB) raised interest rates by 25 basis points on Thursday, its board member and head of the Bank of Lithuania (LB), Gediminas Šimkus, refrains from making predictions…
Gediminas Šimkus: ECB will probably raise interest rates next week
Considering the increasing inflationary pressure in the region, the European Central Bank (ECB) is likely to raise interest rates on September 10, and they should continue to rise later, it says…
Gediminas Šimkus reiterates: ECB is likely to raise interest rates in September
As the European Central Bank (ECB) did not change its key interest rates on Thursday, ECB Governing Council member and Chairman of the Board of the Bank of Lithuania (LB) Gediminas Šimkus believes that in September…
Gediminas Šimkus: VAT relief for heating refunds would not be the most accurate measure
After the Presidency stated that the temporary return of the value-added tax (VAT) relief for centralized heating would be rational due to the rise in fuel prices, the head of the Bank of Lithuania…
LB guide: ECB interest rates may be increased by 25 basis points
The European Central Bank (ECB) may raise interest rates by 25 basis points as early as June, said ECB Governing Council member and Chairman of the Board of the Bank of Lithuania (LB) Gediminas Š…
Gediminas Šimkus: ECB interest rate hike in June would be a wise step
The same likelihood that the European Central Bank (ECB) will raise interest rates in June and that it would be a wise step, said a member of the ECB Governing Council and the Board of the Bank of Lithuania (LB)…