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Society

Holidaymakers at Lithuanian coast resort injured amidst strong winds

Several people were injured at Baltic coast in Lithuania on Thursday by a sudden powerful gust of wind. […]

Economy

President Grybauskaitė: Lithuania cannot provide direct subsidies to Orlen Lithuania

Lithuania cannot subsidize privately-owned oil refinery Orlen Lietuva, says President Dalia Grybauskaitė, adding that she expects PKN Orlen, the Polish mother company, to help its Lithuanian subsidiary continue operations. […]

Bank of Lithuania chief Vitas Vasiliauskas
Economy

Bank of Lithuania governor urges people not to rush to convert savings to euros

Following the final decision of the European Union’s General Affairs Council of Ministers on Lithuania’s participation in the Economic and Monetary Union (EMU) from 1 January 2015, governor of the Bank of Lithuania Vitas Vasiliauskas warns Lithuanians not to rush to exchange their savings in litas for euros. […]

Opinion

Opinion: Between the two terms as head of state

President Dalia Grybauskaitė was recently sworn into the office for the second time and from that moment her second term as the Head of State began. Everyone in Lithuania was able to watch the inauguration ceremony, to hear the words in anticipation of the way ahead. This day was the boundary between the two tenures of the head of state. So far, none of the Lithuanian presidents, after Lithuania became independent, had the opportunity and thus the responsibility to continue the work for a second consecutive term. After 10 years, when looking back at one’s legacy, it will no longer be possible to say “I ran out of time”. […]

No Picture
Opinion

Opinion: Can Putin survive?

There is a general view that Vladimir Putin governs the Russian Federation as a dictator, that he has defeated and intimidated his opponents and that he has marshaled a powerful threat to surrounding countries. This is a reasonable view, but perhaps it should be re-evaluated in the context of recent events. […]