Economy

Lithuanian state-owned energy enterprises brought greatest profit in 2014

In 2014 state-owned enterprises (SOE) remained an important part of Lithuania’s economy – their input in economy accounted for 3 percent of GDP. In 2014 SOEs earned total revenue of EUR 2.3 billion, which is by 5.6 percent more compared to 2013. Moreover, their normalised net profit increased by nearly 2 percent to EUR 150 million, while their estimated market value grew by 11 percent to EUR 5 billion. […]

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Defence

Logistics specialists to support Lithuanian troops in Exercise Trident Juncture 2015

Logistics and movement control specialists of the Lithuanian Armed Forces and Mobile Refuelling Unit will provide logistical support to Lithuanian and allied troops taking part in NATO‘s Exercise Trident Juncture 2015 in Spain until 6 November, the Ministry of National Defence reports. […]

President Grybauskaitė meets with Israeli President Reuven Rivlin
Foreign affairs

President Grybauskaitė: Difficult challenges for Lithuania and Israel

President Dalia Grybauskaitė, who is in Israel on an official visit, met with Israeli President Reuven Rivlin. The meeting – the first between the Lithuanian president and the president of Israel, who was elected last year – focused on the most relevant issues relating to regional security and bilateral cooperation. The Israeli president, who emphasizes his Litvak roots, and Dalia Grybauskaitė also discussed measures to strengthen Israel’s ties with Lithuania, the presidential press service said. […]

Tel Aviv
Global LT

Tel Aviv hosts Global Lithuanian Economic Forum

Minister of Economy of Lithuania Evaldas Gustas is paying a working visit to Israel. At the 7th Global Lithuanian Economic Forum in Tel Aviv the minister will present Lithuania’s investment environment, its advantages and business reforms and will discuss bilateral economic cooperation prospects with Israel. Particular attention will be devoted to bilateral cooperation opportunities in the areas of science, technology and innovations as well as implementation of joint projects. Gustas will also meet with Israel’s Economy Minister Aryeh Deri. […]

NATO military training
Defence

Lithuanian land force personnel train in multinational exercise across Europe

Lithuanian soldiers assigned to various units of the Lithuanian Land Force take part in a spectrum of multinational training events and military competitions in Germany, Latvia, Spain and the United Kingdom, the Ministry of National Defence reports. […]

Alexander Lukashenko
Uncategorized

Lithuanian political scientist: politicians desperate to see change in Belarus but there just isn’t any

The recent presidential election in Belarus secured presidency for Alexander Lukashenko for the fifth term. Prior to the vote, the Belarusian regime released political prisoners, which the European Union took as a gesture of good will and is talking about suspending sanctions against Lukashenko and his officials. However, such optimism about change in Belarus is misguided, says political scientist Vytis Jurkonis of the Institute of International Relations and Political Science at Vilnius University. […]

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Defence

Lithuanian military receives second Eurocopter

The second of three new helicopters Eurocopter Dauphin arrived in Zokniai Airbase near Šiauliai on Friday. It will be used by the Lithuanian military for search and rescue operations. […]

Economy

Over fourth of Lithuania’s population at risk of poverty

In 2014, 27.3 percent of Lithuania’s population or 800,000 people were at risk of poverty or social exclusion, in comparison with 28.3 percent (910,000) in 2008, Eurostat, the statistical office of the European Union (EU), reports. […]