Minister: Lithuania needs to focus on businesses which create technologies

  • 2018-01-31
  • Michael MUSTILLO
The main threat to Lithuania’s economic outlook is insufficiently high productivity growth and the boost of productivity growth without the growth of higher value-added sectors and investments isn’t possible. Furthermore, technological and innovation progress needs to start accelerating, believes the new 27-year-old Lithuanian Minister of Economy, Virginijus Sinkevicius. Ambitious, and having received his higher education at universities outside Lithuania, Sinkevicius is on a mission to implement sweeping new ideas and reforms. The politician, who’s held the ministerial po...
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