European Union

EC downgrades EU’s GDP growth expectations

In its autumn forecast the European Commission has reduced economic growth expectations both for the European Union and the euro area in 2014 and 2015. Slow recovery with very low inflation is expected. […]

Algirdas Butkevičius
Energy

PM Butkevičius: Lithuania’s LNG terminal could supply gas beyond Baltic countries

Lithuania’s liquefied natural gas (LNG) terminal in Klaipėda may supply gas not just to the Baltic countries but, if necessary, to other countries as well, Prime Minister Algirdas Butkevičius has said at the 10th Lithuania-Belarus economic forum in Mogilev. […]

Justinas Katkus
Economy

Lithuania entices investors with more than just low wages

Competition. The small Eastern European country strongly believes that technology and science will attract foreign companies, rather than just low wages, according to the Danish daily Berlingske. […]

Andrei Gavrilov
Culture

Pianist Andrei Gavrilov to give concert in Kaunas

Herald of freedom, Don Quixote of the 21st century, lion at the piano – these are only several descriptions of one of the most famous and controversial music personalities in the world Andrei Gavrilov. Vytautas Magnus University and Kaunas Philharmonic Hall will invite to the only concert of maestro in the Baltic states, in the Big Hall of Kaunas Philharmonic Hall on 6 November. […]

No Picture
Uncategorized

US Condemns illegal separatist elections in eastern Ukraine

The United States condemned in harsh terms the illegitimate elections held on Sunday by Russia-backed separatists in parts of Donetsk and Luhansk, National Security Council Spokesperson Bernadette Meehan described the ‘elections’ as sham. […]