Vykintas Pugačiauskas
Opinion

Opinion: Reality check for Russia

If there was anything surprising in Russian President Vladimir Putin’s annual address to the Federal Assembly it was that there was nothing new in it. It seems that slowly, very slowly, something is dawning on the Kremlin: a gloomy realization that Vladimir Putin is no saviour. […]

Foreign affairs

Lithuanian president says Turkey is important partner

Before starting an official visit to Turkey on Monday, Lithuania’s President Dalia Grybauskaitė has said that Turkey is an important partner, since it is a fellow NATO member-state and makes decisions important for the region. […]

No Picture
Economy

Fast-growing US iPad POS company Revel Systems to develop division in Lithuania

Revel Systems, a rapidly growing developer of innovative iPad point of sale payment systems based in the US, is establishing a division in Lithuania. Having recently attracted 100 million US dollars of investment from New York based venture capital fund Welsh, Carson, Anderson & Stowe and other strategic investors, the company plans to establish a division in Lithuania to expand its team of IT engineers and to distribute products in the EU. […]

Gifts from Iceland's Lithuanian community
Global LT

Lithuanians in Iceland send gifts to children with cancer

Iceland‘s Lithuanian community has joined efforts to bring Christmas joy to children with cancer. […]

No Picture
Economy

TIR carnet issuance continues to decline in Lithuania

According to the data of Linava (Lithuanian National Road Carriers’ Association), 28 percent fewer TIR carnets were issued to international carriers in November 2014, compared with November 2013. […]

Andrus Ansip
Uncategorized

Estonians and Finns must decide on LNG terminal fast, EC vice-president says

European Commission Vice-President of the Digital Single Market Andrus Ansip said on Friday at a conference in Tallinn that Estonia and Finland have to move forward fast with the LNG terminal project, because there is prevailing investment drought in Europe and no one is going to wait until Estonia and Finland finish deliberating different solutions, Aripaev Online reports. […]

No Picture
Energy

Electricity price in Lithuania lowest since May

The average electricity price in Nord Pool Spot power market Lithuanian trading zone was LTL 0.182 (EUR 0.053) per kilowatt hour on 24-30 November. Although electricity price increased in the last week of November, yet the average monthly price was the lowest since May. […]