The latest data provided by Statistics Lithuania has showed that the country’s economy grew by 1.8 percent in the third quarter of 2015. This is the best result achieved this year, demonstrating that Lithuania’s economy is gradually recovering from the lowest growth period since the 2008-2009 crisis. […]
The survey of financial literacy commissioned by the Bank of Lithuania has revealed that Lithuanians have only partially learned the lessons of the previous financial crisis. In case of losing the source of income, 30 percent of the polled said they would successfully cover living expenses for at least three months, while 29 percent – for a month. […]
On Friday, Prime Minister Algirdas Butkevičius participated in the opening ceremony of a new Panemunė bridge in Kaunas. Residents of the city had to wait for three years for the new bridge to be built and were forced to use a bypass at that time. […]
Journalists and education experts criticise the trends in Lithuania‘s institutions of higher education, which in turn criticise journalists and experts who talk about the bad aspects only, but never see the good ones. […]
Energy service company Vilniaus Energija has informed the Lithuanian Labour Exchange about the planned reorganisation which will result in lay offs of 114 employees of Vilnius Combined Heat and Power Plant TE-3. […]
The Baltic states and Poland is “in the same boat” when it comes to energy infrastructure projects and defence, Lithuania’s Foreign Affairs Minister Linas Linkevičius has told the Žinių Radijas radio. […]
Lithuania‘s Information Technology sector has one of the best reputations in Europe. Currently, Lithuania‘s IT sector reputation index is 67 points, while the EU average is 56 points, lzinios.lt reports. […]
New proposed amendments to the Labour Code of Lithuania suggest that the minimum monthly wage should not be lower than half of the previous year’s average wage, which is estimated and announced by Statistics Lithuania. […]
The Lithuanian Ministry of National Defence has received two new governmental proposals to purchase infantry fighting vehicles (IFV) from the United States and Poland. As a result, the Ministry decided to carry out additional analysis and referred to companies which had submitted information earlier asking to specify certain data. […]
Lithuania is ready to work with the new government of Poland and local problems should not overshadow strategic bilateral projects, says Lithuanian Foreign Minister Linas Linkevičius. […]
EU Commissioner for Health and Food Safety Vytenis Povilas Andriukaitis has slammed discussions in Lithuania about selection criteria for refugee resettlement. According to Andriukaitis, who was Lithuania’s healthcare minister before taking the job with the EU Commission, said that selections among people in the face of the current humanitarian crisis would be immoral and go against everything Europe holds as principles. […]
Lithuania’s Foreign Minister Linas Linkevičius believes that the European Union (EU) should continue its policy of sanctions on Russia, since it is the only way to get Moscow to listen. […]
Heads of political groups in the Seimas, the Parliament of Lithuania, on Wednesday met with Speaker of the Seimas Loreta Graužinienė to discuss the implementation of the Constitutional Court‘s ruling on the size of electoral constituencies. A decision was reached that the parliamentary election system will not be changed for the 2016 general elections. […]
On Wednesday, Prime Minister Algirdas Butkevičius participated in the Nordic-Baltic prime ministers’ meeting (Denmark, Iceland, Norway, Finland, Sweden and Estonia, Latvia and Lithuania), held in Reykjavik, capital of Iceland, the prime minister’s press service reports. […]
The Ambassador of Lithuania to the Council of Europe, Laima Jurevičienė, and the Deputy Secretary General of the Council of Europe, Gabriella Battaini-Dragoni, have signed the Council of Europe’s Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism. […]
Lithuanians would like to develop their own businesses, but many are afraid or simply do not have an idea for one, SEB Bank has concluded after carrying out a survey in the Baltic states. About one in ten Lithuanians have a business, whereas in Latvia and Estonia the share is twice as big. Many say they do not know enough about how to start a business. […]
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