Lithuania

The European Investment Bank (EIB) is teaming up with the Lithuanian government to support the development in Lithuania of the Rūdninkai military base, a key project to enhance North Atlantic Treaty Organization (NATO) operations and regional security. Under an accord signed today in Vilnius, the EIB will provide advisory services to ensure that public-private partnership (PPP) agreements linked to the planned base near the border with Belarus meet market standards and follow best practices.

A large majority of Lithuanian firms have taken actions to reduce greenhouse gas emissions and tackle the impact of adverse weather events, according to the European Investment Bank (EIB) Group Investment Survey country results released today. The figure is 8 percentage points higher than the EU average. Lithuanian firms are also ahead of EU peers when it comes to innovation, leading with 10 percentage points above the EU average, the survey shows.

The European Investment Bank (EIB) Group’s financing in Lithuania last year amounted to €449 million, spurring business investments and accelerating the country’s green transition. The total for 2024 includes €240 million from the EIB and €209 million from the European Investment Fund (EIF), which targets small and medium-sized enterprises (SMEs).