Economy
Experts to start work on changing Lithuania’s labour laws
Experts working on amendments to the Labour Code will examine a proposal to liberalize the existing dismissal procedure. […]
Year: 2015
Economy
Energy
Lithuanian government proposes to merge natural gas exchanges
At the meeting of the Government it has been proposed to create a single natural gas market. A working group initiated by the Ministry of Energy has proposed to merge energy resource exchange UAB Baltpool and natural gas exchange UAB GET Baltic. […]
Politics
Society
Interior Ministry to probe how Russian criminals received Lithuanian residency permits
The national television news service announced that the Ministry of the Interior of Lithuania has promised to ascertain who and for what reason issued a residence permit to Akhmed Yevloyev, a Russian citizen who is alleged to be a high-ranking crime lord. […]
Uncategorized
Lithuanian foreign minister in Brussels: Supplying arms to Ukraine “logical step”
Lithuanian Foreign Minister Linas Linkevičius said after arrival at the meeting of European Union’s (EU) foreign ministers on Monday that the West would make a mistake by tiptoeing around Russia, saying that the possible US arms supply to Ukraine would be a sensible step. […]
Defence
NATO fighter-jets scrambled twice to escort Russian airplanes last week
NATO fighter-jets deployed in Lithuania on the NATO Baltic air policing mission were scrambled twice last week to intercept aircraft that had entered the policed area, the Ministry of National Defence said. […]
Global LT
Lithuanian honorary consul discusses opening business centre with Michael Bloomberg
On 6 February, Lithuanian Honorary Consul Jonas Prunskis had an extensive conversation with the former mayor of New York City and president of Bloomberg L.P., Michael Bloomberg. […]
Defence
Italian fighter-jets to stay in Lithuania longer for Baltic air policing mission
Italy, which is serving its first shift in NATO‘s Baltic air policing mission, will leave its fighter-jets in Lithuania longer than planned, while Belgium and Portugal will this year send their troops for training, Lithuanian Defence Minister Juozas Olekas said. […]
Opinion
Opinion: Why Lithuania avoided Greek scenario
Don’t tell anyone, but I actually dislike saving money. When I decide to buy something more expensive, like another lens for my camera, I borrow from my wife instead of saving part of my wages for a few months. Then I repay the money according to a pre-set schedule to her just like to a lending company. […]
Uncategorized
Lithuanian president says she trusts Merkel and rejects fears of “second Munich”
Amid fears by some politicians of a new “Munich Agreement” in talks on the situation in eastern Ukraine, Lithuanian President Dalia Grybauskaitė has said that she trusts that German Chancellor Angela Merkel will not betray Ukraine or Lithuania. […]
European Union
“Riga Process” moves ahead towards creating EU Energy Union
Lithuania’s Minister of Energy Rokas Masiulis paid a visit to Riga to take part in a conference on the creation of the European Energy Union. Latvia is currently presiding over the Council of the European Union. The Lithuanian energy minister says such union might contribute to dealing with issues which are given insufficient attention on the current EU agenda and which lack European-level support. […]
Economy
Air Lituanica adds route to Hamburg
The airline Air Lituanica is expanding its business in Germany: as of 30 April the city of Hamburg will be added to the regular flight schedule with flights operated three times a week, the airline reports. […]
Economy
Lithuania’s companies set off losses in CIS with exports to new markets
Due to the current geopolitical tensions and crisis, Lithuania’s exports to the region of the Commonwealth of Independent States (CIS) last year declined by EUR 158 million, however, at the same time exports to new markets grew by EUR 176 million. […]
Economy
LNG terminal brings EUR 5.4mn revenue to Klaipėdos Nafta in January
The Lithuanian company Klaipėdos Nafta in January reloaded 632,000 tons of oil products into its storage tanks of oil terminal and the Subačius fuel base, more by 59.2 percent compared to January 2014, when 397,000 tons were reloaded, the company said in a report. […]
Economy
Bankruptcies increase in Lithuania in January
Compared to December 2014, the number of bankruptcies in January increased by a third, while the number of distraints decreased by a third. […]
Society
Russian criminal boss gets residence permit in Lithuania
Akhmed Yevloyev, a high-ranking Russian criminal known as a “vor v zakone,” or “thief in law”, has been issued with a residence permit by the Migration Board of the Vilnius County Police Headquarters, a spokesman for Lithuanian Interior Minister Saulius Skvernelis confirmed to BNS on Saturday. […]
Uncategorized
Lithuanian president in Munich: To betray Ukraine would mean to betray ourselves
To betray Ukraine would mean “to betray ourselves”, Lithuanian President Dalia Grybauskaitė said during a presidential debate at the Munich Security Conference on Saturday. […]
Defence
Lithuania’s Defence Ministry concludes cooperation agreement with Defence and Security Industries Association
The Ministry of National Defence signed an agreement with the Lithuanian Defence and Security Industries Association. Based on the agreement, institutions of the national defence system and enterprises of the defence and security industry will strive for tighter cooperation. […]
Opinion
Opinion: On loving (and hating) Russia
Recently at a conference in Tver on issues of Stalinist history, an historian friend of mine from Novosibirsk asked me “Do you really hate Russians?” […]