Retail sector leaders: Risks exist, but the country's economy is on an upward… ↗
Front page leadLeaders in the retail sector acknowledge risks but believe the Lithuanian economy is growing.
Lithuania
The Verslo žinios front page features a mix of Lithuanian political and economic news, with a focus on the performance of the retail sector and the first half of the current Seimas (parliament) term. International news covers global stock markets and commodity prices. Several stories also touch…
Leaders in the retail sector acknowledge risks but believe the Lithuanian economy is growing.
The first half of the current Seimas term has been marked by political disruptions, changes in government, and ongoing protests.
Lithuania plans to advocate for an EU ban on the transit of Russian food grains and is exploring the possibility of taxing digital platforms.
Businesses felt their input was not adequately considered during discussions on the first half of the current Seimas term.
Member of the Lithuanian Seimas, A. Bilotaitė, is stepping down from her parliamentary role.
There are decreasing expectations for European Central Bank interest rates, as the 6-month EURIBOR has dropped below 3%.
Circle K experienced a decline in both revenue and profit over the year, with its performance in Lithuania being the poorest over a decade.
The head of 'Pulsetto', appointed in February, has resigned, and the company is now seeking a replacement.
The Competition Council stated that a proposed deal for 'Arena Vilnius' would have harmed the rental market for event spaces.
Global stock markets have seen a downturn after reaching record highs, bond prices are falling, and oil prices have surpassed $100 per barrel.
Chef A. Kubilius shares his core principle, referred to as '3P'.
The opinion piece suggests that the first half of the current Seimas term has been disappointing, with little to celebrate.
The head of the Vinted platform expresses a belief in overcoming challenges through persistent effort.