Foreign Minister Linas Linkevičius. Photo Ludo Segers

Foreign Minister Linkevičius to the Wall Street Journal: We shouldn’t accept the Kremlin’s ‘new normal’

Re-engagement with Russia should be accomplished on the Western countries’ own terms, Lithuanian Foreign Minister Linas Linkevičius claims in an op-ed piece published by the Wall Street Journal. While many would like to see a thaw in relations with Moscow, it is wrong to give into wishful thinking about Russia’s benevolence and draw false analogies with détente of the 1960s. […]

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Economy

Lithuania’s illicit tobacco market 2nd biggest in Europe

Illicit cigarettes last year accounted for 28.3 percent of Lithuania’s market of tobacco products, the second highest rate in Europe after Latvia’s, according to the latest study by the international audit, tax and consulting company KPMG. […]

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Society

Lithuania recommends 3 students for internship at NASA

Lithuania’s Agency for Science, Innovation and Technology last week recommended three university students for internship in the US space agency NASA. […]

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Politics

Lithuania’s new MP to be elected in run-off vote

The first round of parliamentary elections in Varėna-Eišiškės constituency in southern Lithuania did not elect a new MP on Sunday, therefore, the second round of voting will be needed. […]

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Economy

Most Lithuanians save in cash, accounts or bank deposits

The best part of households accumulated financial assets as cash, in an account or by holding deposits with banks and do not intend to change their choice in the near future, shows the latest conducted Survey of the Financial Behaviour of Households, commissioned by the Bank of Lithuania, said the Bank of Lithuania. […]