Rolandas Kriščiūnas
Foreign affairs

Sanctions against Russia won’t affect Lithuania directly

Economic sanctions imposed by the EU against Russia will not have any direct effect on Lithuania, since the countries are not involved in bilateral trade in weapons or energy technologies, which are subject to the ban, Lithuania’s Deputy Foreign Minister says, adding that the sanctions will slow down Russia’s economic growth, which will affect the demand for Lithuanian goods in the neighbouring country. […]

The Russian Embassy
Society

Lithuanian human rights activists’ visit to Russian embassy attracts controversy

The founders of the Lithuanian Centre for the Coordination of Human Rights – director of the Foundation for the Assistance of Civil Defense Vytautas Budnikas and leader of the association Non-Partisan Democratic Movement Krescencijus Stoškus – attended a discussion at the Russian Embassy in Vilnius on Wednesday, the Lietuvos Žinios daily reports. […]

Rimantas Šadžius
Foreign affairs

Finance minister says Russia sanctions will have little effect on Lithuanian economy

Economic sanctions imposed by the European Union (EU) against Russia will barely affect Lithuania’s economy, finance minister believes. […]

European Union

Modernizing transport: European priority

The European Commission selected a total of 106 projects that will benefit from over EUR 320 million in EU support for improving transport infrastructure across Europe. The funding will support projects announced by the Commission in 2013 and is effective through “Trans-European transport network (TEN-T) Program”; since January 2014 – the Innovation and Networks Executive Agency (INEA). […]

Economy

Lithuania’s GDP reaches pre-crisis level

According to the flash estimate, in the second quarter of this year annual GDP growth decelerated marginally to 3.1%. Seasonally and working day adjusted quarterly growth was unchanged at 0.7%. After six years GDP has finally reached the pre-crisis level. Estonian economy could reach pre-crisis level next year, while Latvian prospect is a little more distant. […]