Economy
Situation on board of Lithuanian LJL’s ships stuck abroad getting worse
Situation on board of four ships of Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL) stuck in foreign ports is getting increasingly worse. […]
Month: July 2015
Uncategorized
Lithuanian president on Russia’s MH17 tribunal veto: The country is hiding something
After Russia this week vetoed the proposal to establish a tribunal on the civilian airliner MH17 tragedy in Eastern Ukraine, Lithuania’s President Dalia Grybauskaitė says Russia has something to hide. […]
Economy
Lithuania will host 100 startup founders
One hundred young startup founders will come to Lithuania on October 1st-4th to take part in youth Davos which is also referred to as Shape Europe event. It is the annual meeting of World Economic Forum Global Shapers community that brings together its members from all over the world to discuss and proactively impact the global agenda. […]
Economy
Russian intentions to invest in Lithuanian company trigger national security concerns
After talks emerged about the Russian chemical company EuroChem Group entertaining plans to invest in Lithuania’s Achema Group, Lithuanian President Dalia Grybauskaitė said that any investor would have to go through scrutiny and meet strict national security criteria. Achema Group is the owner of fertilizer manufacturer Achema, one of the biggest companies in the country which is included in the list of enterprises with relevance to Lithuania’s national security. […]
Foreign affairs
Ukraine’s minister of economy visiting Lithuania
Ukraine’s Economy Minister Aivaras Abromavičius, who is Lithuanian, is visiting Vilnius on Friday. […]
Uncategorized
Lithuanian president applauds US decision to step up sanctions on Russia
The decision made by the United States Department of Treasury to step up sanctions for Russia “is a proper and consistent assessment of Russia’s policies towards Ukraine“, which can also help resume the debate in the European Union on sanctions for Russia, says Lithuania’s President Dalia Grybauskaitė. […]
Politics
Vilnius mayor says he reduced city’s debt by EUR 8.6m in 100 days
Liberal Remigijus Šimašius, who has been serving as the mayor of Vilnius for 100 days, says that he managed to reduce the city’s debt by 2.4 percent or EUR 8.6 million in the period from late April to early July. […]
Society
Lithuania marks 24-year anniversary of Medininkai checkpoint massacre
Friday marks 24 years since tragic events at the Lithuanian checkpoint of Medininkai when seven Lithuanian officials were gunned down at work. […]
Sports
Embassy of Israel invites to Trophy Basketball Tournament
The Embassy of Israel in Vilnius together with Šarūnas Marčiulionis Basketball Academy is organizing a youth basketball tournament in Vilnius. […]
Uncategorized
Lithuanian president: Moscow’s economic embargo punished Russia itself
The economic embargo imposed by Russia had the biggest effect upon Russians themselves by way of a sharp decrease in the selection of food products and surge in food prices, says Lithuanian President Dalia Grybauskaitė. […]
Global LT
Lithuania might be getting to something big: dual citizenship e-referendum
Russia’s Vladimir Putin may have just done favour for Lithuania with his sardonic remark on “fewer Lithuanians” during his recent visit to Kaliningrad – even parties that had bristled against the idea of a referendum on allowing dual citizenship, might be embracing it amid the sabre-rattling from the East. Moreover, politicians might be getting cozy with another outlandish idea: get the folks say “yes” or “no” through e-voting. […]
Economy
Lithuania’s labour code overhaul divides opinions
Lithuania is often described as a country where potential investors are put off by a tax system inherited from the Soviet times and inflexible labour code. Still, the new social model, currently in the works and promised to provide more flexible employer-employee relations, have received a fair deal of criticism. […]
Uncategorized
Culture
Vilnius mayor happy to trade Green Bridge statues for 16-century Lithuanian Statute
There will be more clarity about the fate of the Soviet statues which were recently removed from the Green Bridge of Vilnius in autumn, says Vilnius Mayor Remigijus Šimašius, adding that he has already received six official requests to take the statues. […]
Economy
Shock therapy ‘good’ for Lithuanian economy
DNB Bank’s chief economist for the Baltic states Jekaterina Rojaka says that shock therapy will be for the better of Lithuania’s economy. […]
European Union
EU extends help for farmers hit by Russia’s food ban
The European Union will continue providing support into next year for farmers hard-hit by the Russian ban on food imports from the EU, the bloc’s executive said Thursday. […]
Society
Vilnius court issues ruling on ‘w’ in marriage certificate
Vilnius City District Court on Thursday ordered Vilnius Registry Office to change the marriage certificate of a Lithuanian woman married to a Belgian and spell her name with a non-Lithuanian character “w”. […]
Energy
Lithuanian PM wants new shale gas bid
A new tender for shale gas exploration should be announced, Lithuanian Prime Minister Algirdas Butkevičius believes. […]
Economy
Supervision of Lithuania’s tourism sector insufficient, auditors say
Implementing the Public Audit Programme of 2015, National Audit Office of Lithuania has already conducted one third of the financial (regularity) audits and prepared their reports. The report of the audit of the Ministry of Economy has been presented to the public – how Ministry as well as institutions under the Ministry performed the delegated functions and used the funds allocated for the implementation of various programmes during 2014, the Office reports. […]