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Electricity cheaper throughout Baltic Sea region in March

In March the electricity price was the lowest since the Nord Pool Spot have been launched in Lithuania in 2012. The average electricity price in the Lithuanian bidding area was 32 EUR/MWh. The demand of electricity fell by 8 percent due to warmer weather and lengthening daylight. Compared to March last year, the price decreased by 23 percent in the Lithuanian market, the Lithuanian electricity transmission system operator Litgrid reports. […]

Economy

Lithuania’s extra-EU exports down 19 percent

According to Eurostat, the statistical office of the European Union, in January-February 2015, Lithuania’s intra-EU exports of goods stood at EUR 2.1 billion, up 2 percent compared with January-February 2014. Extra-EU exports of goods stood at 1.2 billion, down 19 percent compared with January-February 2014. […]

Audronius Ažubalis
Foreign affairs

Lithuania should better fund diplomatic corps, opposition MP says

Deputy Chairman of the Seimas Committee on Foreign Affairs, Audronius Ažubalis, says that Lithuania’s security is guaranteed in the first place not by the military power, but by the country’s visibility and capability to act in the international arena, and this is ensured by Lithuania’s diplomats. […]

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Society

Israeli Embassy in Lithuania awarded the Righteous Among the Nations

The Embassy of the State of Israel, together with the Lithuanian Jewish community and the Vilna Gaon Jewish State Museum, on a Day of remembrance of the Holocaust, this year marked on 16 April, awarded the Righteous Among the Nations. The State of Israel awarded six Lithuanian families, which in spite of the danger during the Second World War, saved Lithuanian Jewish people. The award ceremony was held in the Government’s Office of the Republic of Lithuania. […]

Vytautas the Great
Culture

Belt believed to belong to Grand Duke Vytautas on display in Vilnius

Segments of a belt, believed to be worn by Grand Duke of Lithuania Vytautas, go on display at the Grand Dukes Palace in Vilnius. […]

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Society

Vilnius to host conference on equal opportunities

The Office of Equal Opportunities Ombudsman, National Equality and Diversity Forum, the Committee on Human Rights of the Seimas of the Republic of Lithuania and the European Information Office of the Seimas organize the Human Rights Conference on “Equal Opportunities Policy in Europe and in Lithuania: Current Challenges and Future Perspectives”, the European Information Office of the Seimas reports. […]

Greece
European Union

No fast-track solutions in Greece, Lithuanian finance minister says

Lithuania’s Finance Minister Rimantas Šadžius does not expect any fast-track solutions to be found in negotiations between the European Union (EU) and Athens on Greece’s financing, which would help the country avoid a debt default. […]