China lowers economic growth target
China lowered its 2015 economic growth target to roughly seven percent Thursday. The figure announced by Premier Li Keqiang is the lowest since a similar goal in 2004 and comes after China's gross domestic product expanded 7.4 percent in 2014, the slowest pace in 25 years. Last year's target was 7.5 percent.
ECB sets stage for stimulus plan
The European Central Bank is poised to give the EU a shot in the arm - to spur the bloc's sluggish economic recovery. The bank will be buying up huge amounts of bonds to fight deflation, get people spending again and stimulate banks to lend to businesses, which in turn help create new jobs.
Lithuanian government goes online
Many people who file for a permit or birth certificate with their local authorities know they will most probably be facing a lot waiting and a lot of red tape. Now there are different ways for residents to interact with their local government services: via the internet. In Lithuania the convenience of going online definitely beats standing in line.
Tags: China, National People's Congress, Beijing, economic growth, target, debt, GDP, Premier Li Keqiang, ECB, European Central Bank, stimulus plan, bond buying program, euro, deflation, Cyprus, Lithuania, e-government, red tape, internet, infrastructure, authorities