Uncategorized
Russian oligarchs flee London for fear of EU’s sanctions
Allies of Russian President Vladimir Putin are leaving London – a decision that was made after the British government’s requirements to punish the rich Russians. […]
Year: 2014
Economy
Lithuania will feel benefits of euro in 3-5 years, analyst says
Lithuania, which will adopt the euro on Jan. 1, should feel positive effects of the new currency in three to five years. However, the new currency will bring both positive and relatively negative changes, an analyst with SEB Bankas, the largest Lithuania’s commercial bank, says. […]
Economy
Liberal MP: Government must step in to save ORLEN Lietuva
If there is ever a threat of the oil refinery in Mažeikiai closing down, the government must urgently step in, says Eligijus Masiulis, leader of the Liberal Movement parliamentary group. […]
Society
Facebook remains Lithuanians’ favourite social network
Facebook remains the most popular social network in Lithuania, used by 68 percent of all internet users in the country. Forty-six percent say they use it every day, a survey reveals. […]
Society
Fire breaks out on Russian side of Curonian Spit
Fire broke out on Wednesday on the Russian side of the Curonian Spit. The piece of land in between the Baltic Sea and the Curonian Lagoon is divided between Russia and Lithuania. […]
Economy
Lithuanian oil refinery under financial strains
The effects of negative macroeconomic climate for oil refining sector and the results of tests for impairment of fixed assets required according to financial standards, significantly affected the level of ORLEN Lietuva financial results in H1 2014, said the company in a statement. […]
Culture
Klaipėda opens 55th Sea Festival
On Wednesday, an exhibition entitled “Wind in the Sailyards” is opening in Klaipėda, featuring works by graphic artist, book illustrator Šarūnas Leonavičius from the collection of the Lithuanian Sea Museum and the personal collection of the artist. […]
Uncategorized
Britain makes U-turn on ex-KGB agent Litvinenko murder inquiry
Last year an inquiry into the killing of a former Russian spy in London was declined, partly because of Anglo-Russian relations. […]
European Union
EU gives final approval to Lithuania’s euro bid
The European Union’s (EU) General Affairs Council on Wednesday approved Lithuania’s entry to the euro zone in January 2015, which is the final decision that was needed for the country to adopt the single currency next year. […]
Society
Šiauliai police officers on trial for corruption, drug dealing
Panevėžys prosecutors are charging 18 police officers with bribery, corruption, drug dealing, and unlawful possession of firearms and munitions. […]
Foreign affairs
Economy
Israir to keep Wednesday’s Vilnius-Tel Aviv flight
A flight from Vilnius to Tel Aviv by Israeli’s air carrier Israir scheduled for 11:05 pm, Wednesday, has not been cancelled, although many airlines around the world have today suspended their flights to Tel Aviv for 24 hours. […]
Politics
All three Communication Ministry deputies reappointed
Saulius Girdauskas, Vladislovas Kondratovičius and Arijandas Šliupas – all the three Deputy Ministers of Transport and Communications – have been reappointed to their offices. […]
Uncategorized
Latvia’s airBaltic becomes world’s first airline to accept Bitcoins
Latvian national airline AirBaltic has become the world’s first airline to accept Bitcoins as payment for its services, the company informs. […]
Uncategorized
Linkevičius dismisses reports about Baltic mercenaries in Ukraine as nonsense
Lithuania’s Foreign Minister Linas Linkevičius has dismissed reports made by an Italian daily, which were commented on by Russia‘s administration, about alleged fighters from the Baltic states, Finland, Sweden and France in Eastern Ukraine. Minister Linkevičius says such allegations are “nonsense”. […]
Society
US anti-Semitism envoy coming to Lithuania
US Special Envoy to Monitor and Combat Anti-Semitism Ira N. Forman is coming to Lithuania. […]
Global LT
Seimas plans emigration commission
Parliament plans to introduce a commission dedicated to emigration issues this fall, according to Order and Justice Party leader MEP Rolandas Paksas. […]
Economy
Šadžius: businesses that round prices down will thrive in euro transition
With the European Union (EU) expected to issue its final approval today for the adoption of the euro in Lithuania, businesses lowering their prices before the currency changeover should win the competitive race, the Lithuanian finance minister has said. […]
Energy
Prime Minister Butkevičius: Proposals for ORLEN Lietuva still on the table
Responding to public information about further activities and difficulties experienced by oil refinery ORLEN Lietuva, Lithuania’s Prime Minister Algirdas Butkevičius reminds that the company, just like other petroleum refining companies operating in the European Union, is facing structural problems propelled by fundamental changes in the global fuel market. […]
Economy
Countdown timer above Bank of Lithuania headquarters to count days until euro
After the EU General Affairs Council adopts the final decision on the adoption of the euro in Lithuania, a countdown timer above the door of the Bank of Lithuania in Vilnius, Gedimino avenue, will be launched. […]