Year: 2014
Lithuanian prime minister says no VAT cuts
Lithuanian Prime Minister Algirdas Butkevičius said on Wednesday that VAT rates on agricultural products will not be reduced. […]
Zhirinovsky’s statements about Baltic annihilation decoded
Recent statements by Vladimir Zhirinovsky, Vice Chairman of the Russian Duma, were meant to highlight that, from now on, Russia will be a key decision maker in European security matters. […]
Two new ASF cases reported in east Lithuania
The State Food and Veterinary Service (VMVT) reports that dead pigs were found in two farms located in Ignalina district. Laboratory testing confirmed African swine fever (ASF) in both cases. […]
Conservative MP proposes to scrap some institutions under Lithuanian parliament
Member of Parliament Kęstutis Masiulis turned to Parliament Speaker Loreta Graužinienė with a proposal to launch discussions on reducing institutions under the Seimas. According to the MP, a portion of such institutions are operating poorly, are using up substantial funds, while the results are doubtful. […]
Russian sanctions to stir up Lithuania’s labour market
Russian sanctions will unambiguously have an effect on Lithuania’s labour market, say staff selection specialists. The greatest commotion has been already observed among companies that work directly with Russia, i.e., road carriers and food industry companies. It is expected that in the nearest future employee turnover will mostly affect shipping agents and export managers. […]
Borderline districts will benefit from increase in Russian shoppers, says Lithuanian president
Residents of Lithuania’s southwestern District of Jurbarkas near the Russian region of Kaliningrad will benefit from an increase in Russian shoppers, Lithuanian President Dalia Grybauskaitė has said in an interview with a local newspaper. […]
Lithuanian parliament speaker sceptical about cutting VAT to alleviate Russian import embargo effects
Speaker of the Lithuanian Seimas Loreta Graužinienė says she has reservations about cutting value added tax (VAT) rate for vegetables and meat. According to the head of Parliament, only retailers would benefit from VAT rate exemptions, while producers and consumers would not. […]
Lithuanian president instructs prime minister to evaluate losses due to Russia’s food embargo
Lithuanian President Dalia Grybauskaitė has asked Prime Minister Algirdas Butkevičius to assess potential losses due to Russia‘s latest sanctions and find the best way to absorb these losses. […]
Lithuanian parliament speaker says euthanasia bill is “dangerous”
The Speaker of the Lithuanian Seimas, Loreta Graužinienė, says she does not agree with the proposal to legalize euthanasia in the country. […]
Lithuanian pig farmers sustain almost 9-million-euro losses due to ASF
Lithuanian pig farmers claim that due to African swine fever (ASF) they have suffered losses amounting to LTL 30 million (EUR 8.7 million). […]
Opinion: How to restrain the Russian Czar?
While the war in Eastern Ukraine continues, no one can come up with an idea of how to restrain Russia, which responds to international norms cynically and does not want to hear the warnings of the global community. The current sanctions that Russia is subjected to have one main goal, which is to stop the conflict in Eastern Ukraine and force Moscow to stop supporting terrorists in that area. […]
Lithuanian agriculture minister calls for extraordinary EU ministers meeting
Following the introduction of sanctions on food imports by the Russian Federation, Lithuania’s Minister of Agriculture Virginija Baltraitienė has turned to Italian Agriculture, Nutrition and Forestry Minister Maurizio Martina, who holds the rotating presidency of the EU Agriculture and Fisheries Council (AGRIFISH), with a request to convene an extraordinary meeting of EU ministers of agriculture as soon as possible, possibly even in August. […]
Lithuanian dairy farmers complain about unilaterally terminated contracts and cut buying-in rates
Representatives of the agricultural sector say they support the plans of the Government to carry out intervention buying and claim that the interests of farmers, suppliers of raw food, should be taken into consideration in the current situation. […]
First shipment of Lithuanian euro coins delivered to central bank’s vaults
The first batch of Lithuanian euro coins are being delivered to the Bank of Lithuania‘s vault in Vilnius. On 1 January 2015, they will be released into circulation. The total amount of coins necessary for the euro adoption and to ensure reserves is about 370 million units; their weight – 1,740 tons, says the Bank of Lithuania in a statement. […]
Orlen Lietuva: Till death do us part
Mažeikiai oil refinery has never been a plum company for the Polish oil refiner PKN Orlen. Now, the situation has gone so sour officials are talking of bankruptcy. […]
Lithuanian prime minister to move to new official residence
Lithuanian Prime Minister Algirdas Butkevičius is soon to move to a new residence in Turniškės, a neighbourhood on the outskirts of Vilnius, says Chancellor of the Government Remigijus Motuzas. […]
Lithuanian MP drafts euthanasia bill
Lithuanian MP Marija Aušrinė Pavilionienė of the Social Democratic Party has proposed a bill legalizing euthanasia. […]
Investors’ confidence in Lithuanian economy grows
Foreign capital companies are rather happy with business conditions in Lithuania, shows Lithuania’s Investors’ Confidence Index. […]
