Lithuania: IMF warns of economic overheating

The International Monetary Fund (IMF) has warned Lithuania about risks of overheating – both in particular sectors and in the economy as a whole. Among the risks, the IMF listed uneven recovery of the country’s main trade partners, geopolitical tensions, disruptions to the vaccination process and a lagging absorption of the European Union’s (EU) economic…

Lithuania: EUR 289 million received from EC under Recovery and Resilience Facility

Lithuania has received a pre-financing payment of 289 million euros from the European Commission under the Recovery and Resilience Facility (RRF), the Finance Ministry reports. This amounts to 13% of total allocations for Lithuania. The pre-financing payment will help to kick-start the implementation of the crucial investment and reform measures outlined in Lithuania’s recovery and…