Economy
Lithuania’s real estate market grows more active in March
Activity in Lithuania’s real estate market increased by nearly 16 percent in March 2015. […]
Year: 2015
Energy
Lithuania produced quarter of its electricity from wind power
Over the first quarter of this year, Lithuania’s wind power plants produced 173.3 GWh of electricity. It accounts for 7 percent of all energy consumed in Lithuania, or nearly a quarter (23.6 percent) of total electricity produced in the country in Q1. […]
Economy
From sailing the Barents Sea to international investor: Game Insight chairman Igor Matsanyuk
Last year businessman and investor Igor Matsanyuk moved his team to Vilnius, Lithuania’s capital city. And at the beginning of the summer he himself moved to Lithuania’s capital. […]
Defence
US Paladin artillery systems brought to Lithuania for international training event
US Paladin artillery systems were brought to Lithuania on Saturday for the first time for an international exercise. […]
Energy
Postponing new shale gas tender makes sense, Lithuania’s former energy minister says
Lithuanian authorities’ decision to postpone a new shale gas exploration and production tender makes sense, says Jaroslav Neverovič, former energy minister and now energy expert, adding that the key task now is to put the respective legal base in order. […]
Defence
Lithuanian PM suggests Baltic states could buy weaponry together
Lithuanian Prime Minister Algirdas Butkevičius said after meeting with his Baltic counterparts on Friday that the three Baltic states should consider joint acquisition of weaponry as part of defence cooperation. […]
Global LT
Joint Indo-Lithuanian arts exhibition opens in New Delhi
A joint Indo-Lithuanian painting exhibition “Through My Friend’s Eyes” opened at the premises of the Lithuanian Embassy in New Delhi this Friday (April 10). […]
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Economy
Lithuania’s central bank suggests tougher guidelines for housing loans
The Bank of Lithuania has presented to market participants its proposals concerning changes to the Responsible Lending Regulations. They would introduce the requirement to responsibly assess customer’s risk due to likely interest rate increases, while the proposed shorter maximum maturity of a housing loan would speed up the repayment of the loan and reduce the possibility of over-indebtedness, the Bank of Lithuania said. […]
Economy
Lithuanian businesses expect dental tourism boom from US due to weak euro
The summer holiday season traditionally brings many visitors of Lithuanian decent to trace their roots. With the weak euro and strong US dollar this year many tourism experts are predicting an increase in US visitors compared to previous years. […]
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Lithuanian and Latvian PMs criticize Greek Tsipras’ Moscow trip
The prime ministers of Lithuania and Latvia on Friday criticized Greek PM Alexis Tsipras‘ visit to Moscow where he spoke against the European Union‘s (EU) sanctions for Russia. […]
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Estonia and Latvia still waiting for profitability assessment of Lithuanian NPP
The prime ministers of Latvia and Estonia, who are on a visit to Lithuania on Friday, have emphasised that their countries will participate in Visaginas Nuclear Power Plant (NPP) project if it generates a return on investment. […]
Society
US professor appointed to head Belarusian university in Vilnius
Professor David Pollick from the United States has been appointed as rector of the European Humanities University, a Vilnius-based Belarusian school. […]
Defence
Lithuanian army needs permanent conscription, not 5-year fix-ups, opposition leader says
Lithuania’s Armed Forces cannot do without conscripts, they are needed all the time, not for five years only, says opposition leader Andrius Kubilius. […]
Defence
Norway and Italy to take over Baltic air policing mission in Lithuania
Norway will take over the NATO air policing mission in the Baltic states in May, while the Italian contingent will stay in Šiauliai, Lithuania, for the second shift to reinforce the mission. […]
Uncategorized
Latvia becomes major country of origin for tobacco smuggling into Lithuania
Continued flows of cigarettes smuggling into Lithuania have highlighted a new tendency – increasing amounts of tobacco enter the country from the European Union’s (EU) member-state Latvia rather than the Russian Kaliningrad region or Belarus, as the case was before, the Lietuvos Žinios daily said. […]
Society
Lithuania creates precedent in EU by banning Russian TV station
Lithuania’s media watchdog has blocked broadcasts by Russian TV channel RTR Planeta on grounds of inciting hatred over Ukraine. […]
Defence
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