Economy

ECB stress test finds Lithuania’s banks secure and reliable

The three largest banks operating in Lithuania – SEB bank, Swedbank and DNB bank – have very solid capital buffers and assess risks conservatively enough. This became clear after the European Central Bank (ECB), in cooperation with the Bank of Lithuania, inspected the asset quality of the three commercial banks and performed stress testing, the country’s central bank said in a report on 26 October. […]

Nerija Putinaitė
Society

Philosopher Nerija Putinaitė on three Lithuanian Europes

As Lithuania has been a member of a great supranational union for a decade now, Lithuanians are forced to confront the question of their collective identity, says philosopher Nerija Putinaitė. In her new book, “Three Lithuanian Europes: Nation, Europe, the EU in modern identity”, she argues that the question of what it means to be Lithuanian closely relates to visions of Europe. […]

Kaunas University of Technology
Society

Kaunas University of Technology – Lithuania’s most international school

Kaunas University of Technology (KTU) has attracted the largest number of international students among all Lithuanian institutions of higher education as 200 new international students enrolled in KTU this year. The university has 460 foreign students now, KTU said in a statement. […]

Petras Geniušas and Liudas Mockūnas at the Lithuanian Embassy in Washington, DC  Photo Ludo Segers
Global LT

Čiurlionis’ music revisited in Washington, DC

Lithuanian composer and painter Mikalojus Konstantinas Čiurlionis had a short, yet very prolific life (he was just 35 when he died in 1911). He considered himself a synesthete, in that he perceived colours and music simultaneously. Čiurlionis composed about 400 pieces of music, mostly for the piano, and he also created 300 paintings – many with musical names. In addition, he wrote literary works and poems. An asteroid – 2420 Čiurlionis – was named after him. Few artists have left such deep influence on Lithuanian culture. […]

Dainius Žalimas
Defence

Constitutional Court president: Lithuania must fulfill NATO defence spending and EU human rights commitments

Lithuania’s NATO membership is a constitutional asset and the country must fulfill its commitment to ensure proper defence funding, Dainius Žalimas, president of the Constitutional Court of the Republic of Lithuania, says. […]

Estonian PM Taavi Rõivas
Uncategorized

Finland and Estonia to build their own LNG terminals

Estonia and Finland are coming to an agreement over building a gas pipeline between the two countries and on building LNG terminals in both Estonia and Finland. […]