Lithuania: opposition group challenges energy minister over “negligence” during electricity market reforms

The Social Democratic Party’s (LSDP) representatives in the Lithuanian parliament are launching an interpellation procedure against Energy Minister Dainius Kreivys over what they say is a mishandled electricity supply reform and failure to respond to the surge in energy prices. The group says the minister will be asked to provide answers regarding “negligent attitude towards…

Lithuania: 2022 GDP growth forecast retained

The Lithuanian Finance Ministry has kept the country’s annual GDP growth forecast for 2022 unchanged at 1.6% despite slower growth in the second half of the year. The ministry has also revised its GDP growth forecast for 2023 to 1.4%, down from its earlier estimate of 2.1%, according to the latest macroeconomic projections published on…