The ceasefire in eastern Ukraine is not working, Lithuanian Foreign Minister Linas Linkevičius said on Monday after arriving in Brussels for a meeting of European Union (EU) diplomats. […]
With just slightly more than two weeks to go before Lithuania adopts the euro, different opinion polls show different results for how people feel about the new currency. […]
The aggregate profit of Lithuania’s manufacturing industry has grown from LTL 1.9 billion (EUR 0.55 billion) in the third quarter of 2013 to LTL 2.3 billion (EUR 0.67 billion) in the third quarter of 2014. […]
In November, one in ten Lithuanians said that their household’s financial situation had improved. Five out of ten said it had not changed, while the rest maintained that their household’s finances took a turn for the worse. […]
First Deputy Government Chancellor Remigijus Motuzas should be appointed as Lithuania’s ambassador to Russia as of 20 January 1015. […]
Fifty-three percent of the Lithuanian population are in favour of the upcoming euro adoption, according to a representative survey conducted in mid-November and released by the Bank of Lithuania on Monday. […]
Currently it seems that the on-going Ukrainian–Russian conflict in the East of Ukraine is drawing to a possible end. However, it looks as if a newly minted ‘frozen conflict’ zone is poised to appear on the world map. While the end of active fighting might seem as a positive development, a ‘frozen conflict’ might actually pose even greater threats to international security. […]
Lithuania Post has received a respectable award, Service of the Year, established by Lithuanian Business Confederation, for its self-service parcel terminals LP EXPRESS 24, Lithuania Post said in a press release. […]
Growing consumption and investment encourage consistent growth of Lithuania’s economy; however, a poorer outlook for the country’s major foreign trade partners, as well as gradually slowing development of domestic demand led to more cautious GDP growth projections for next year. The Bank of Lithuania projects a 3.1 percent growth in GDP next year, and this is less by 0.2 percentage points than was projected in September, the Bank of Lithuania informs. […]
Actual Individual Consumption (AIC) is a measure of material welfare of households. In 2013, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 49 percent to 136 percent of the European Union average across the Member States, according to Eurostat, the statistical office of the European Union. […]
Lithuania’s ruling Order and Justice party on Saturday re-elected MEP Rolandas Paksas as its leader for a two-year term. […]
In November, plans of the US company Revel Systems to establish its IT office in Lithuania were announced. The company was established four years ago. The company provides point of sale payment platforms for retailers using an iPad. […]
The Lithuanian military has cancelled higher level of readiness in its units on duty, the Rapid Response Force and some peacetime operations units, which was increased on 7 December. […]
The leader of the Euro-sceptic group at the European Parliament (EP), Nigel Farage, says that Lithuania is making a mistake by joining the euro zone. […]
The spread of the Ukrainian crisis has aroused strong reactions of the USA and the European Union against Russian interference in Ukrainian politics. Russia is a strategic market for Europe and the close trades and financial links have pushed the European Union in the direction of a more moderate and careful response, at first. Because of the stalemate in the dialogue between Moscow and Kiev and the threat of a Russian military intervention in Ukraine, the EU has aligned its plan sanctions against Russia with the USA one, between July and September. […]
Operations of the Klaipėda seaport was interrupted by powerful winds in early hours of Saturday, with the storm causing damages to the population’s properties in western Lithuania. As the wind subsided on Saturday morning, resumption of the traffic of ships is expected at around noon. […]
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