Finance Minister Rimantas Šadžius believes there still is a chance that at the end of 2015 Lithuania’s gross domestic product (GDP) growth will exceed 2 percent. […]
Prime Minister Algirdas Butkevičius says that the 2016 draft budget, which will be submitted to Parliament on Tuesday, is aimed at stimulating domestic consumption and economic growth. […]
Chief Advisor to the Lithuanian President on Foreign Policy, Renaldas Vaisbrodas, says that during her visit to Israel President Dalia Grybauskaitė has not heard any criticism about relations between the Lithuanians and the Jews. […]
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. […]
It is too early to tell how much money will be allocated per refugee for their care, says Lithuania’s Deputy Social Security and Labour Minister Algirdas Šešelgis. […]
In the latest article of this series (“Putin’s Russia. Kremlin’s Goal No. 1”) I analysed the theory and practice of Russian foreign policy trying to ground the thesis that Kremlin’s main goal is to undermine the EU and NATO, and bring the world back to the times of international power balance. […]
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. […]
Professional services firm Ernst & Young (EY) has published its latest economic forecast for the euro area. It is projected that Lithuania’s GDP growth will stand at 2.1 percent in 2015 and 3.6 percent in 2016. Meanwhile, GDP growth in the euro area will stand at 1.6 and 1.8 percent respectively. […]
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. […]
Last week, the Lithuanian parliament rejected a bill that would have introduced civil partnership of opposite-sex couples. Conservative MP, who voted against the legislation, says it would have been a step towards legalizing same-sex partnership which, she insists, must be put to a referendum. […]
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. […]
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. […]
President Dalia Grybauskaitė is making an official visit to Israel on 19-21 October. She will be accompanied by the ministers of foreign affairs and economy as well as by Chair of the Jewish Community of Lithuania, Faina Kukliansky, the presidential press service said. […]
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. […]
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. […]
The Lithuanian Ministry of Finance has submitted the country’s draft budget to the European Commission (EC) and the Eurogroup. Such obligation arose for Lithuania when it became a member of the eurozone in January 2015. […]
As Lithuania is drafting plans how to integrate refugees from the Middle East that the country has agreed to accept, with some expressing doubts about opportunities for them to find jobs in the relatively closed and ethnically homogeneous country, there is one business in Vilnius that exclusively employs foreigners, many of them refugees from the Middle East. […]
On 15 October, Colonel Darius Užkuraitis and Dan Ohllsson, on behalf of defence ministries of Lithuania and Sweden, respectively, signed an agreement on cooperation in defence procurement, the Lithuanian Ministry of National Defence reports. […]
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