In June 2015 industrial production totalled EUR 1.7 billion at current prices and, compared to May, grew by 4.4 percent at constant prices, seasonally and working day adjusted – by 0.8 percent, Statistics Lithuania reports. […]
The innovative fund-of-funds investment initiative – the Baltic Innovation Fund (BIF), dedicated to boosting equity investments made into Baltic enterprises, launched by Lithuania, Latvia and Estonia and the European Investment Fund (EIF), has been increased. The EUR 30 million increase of BIF is expected to translate into an additional EUR 100 million of private equity and venture capital funding available in the Baltic States over the next 5-7 years, Startup Lithuania reports. […]
Lithuania, which is competing for participating in Euro 2016 in France against England and Slovenia in Group F, will face these teams also in the clashes for the tickets to the FIFA World Cup that will take place in Russia in 2018. […]
Statistics Lithuania has carried out a survey on the use of information and communications technology (ICT) in Lithuanian companies. It has shown that all production and services companies with 10 and more employees were using computers and broadband internet. 64.5 percent of companies were using mobile broadband services provided by mobile network operators (53.3 percent in 2014). 13.6 percent of employees used mobile internet access for work purposes (11.4 percent in 2014). […]
It was a tough, long tournament with a lot of sweat and emotions and with an enthusiastic and supporting crowd. But in the end, with two titles in his hands, Laurynas Grigelis is doubtlessly Lithuania’s new king of clay. On Saturday, the 23-year-old Lithuanian won his second singles title in a home court of the President’s Cup. […]
Laurynas Grigelis continues to dominate the President’s Cup international ITF tournament in Vilnius. The Lithuanian already won one title paired with Lukas Mugevičius in doubles. Grigelis’s next target is the singles title. […]
Vilnius City Municipality intends to reconstruct Vokiečių Street, one of the most important locations in Vilnius Old Town. Proposals will be submitted and discussions will last until September. However, it is unclear when the actual work will break ground. […]
Lithuanian Prime Minister Algirdas Butkevičius opposes the appointment of Vytautas Vigelis as Deputy Minister of Culture. The prime minister says the nomination was not coordinated with him and, therefore, is illegal. […]
Most of the time history can’t be put to bed even though agreements to end wars have been concluded, victors have drawn new boundary lines, promises made, but they soon get either forgotten or swept under the rug, as if they weren’t there. The story of the northern part of former East Prussia (now known as the Kaliningrad exclave) is a good example of a conveniently ignored agreement made at the 1945 Potsdam conference to resolve the fate of the territory at a later peace treaty with Germany. […]
Following a prolonged public debate, this week Vilnius authorities have removed four groups of Soviet-era statues that have stood on the Green Bridge since the early 1950s. What remain are four empty-looking pedestals overlooking the banks of the Neris River. People of Vilnius have already started making proposals for what should replace the old statues. […]
Taiwan‘s diplomats have apologized in Vilnius for the recent incident when Lithuania’s old Soviet anthem was played during the award ceremony of the 2015 World Deaf Basketball Championship after the Lithuanian team won gold. […]
Vilnius Regional Court on Friday acquitted former member of the Lithuanian Seimas Vitas Matuzas in a bribery and fraud case. […]
Orlen Lietuva benefits from restructuring and very favourable macroeconomic conditions. Production capacity utilisation reached 86 percent in the second quarter of 2015 (reaching 92 percent in June, which was the highest level since two years). […]
President Dalia Grybauskaitė says that the government’s decision to rescue Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL) from bankruptcy at the expense of dividends from Lietuvos Geležinkeliai (Lithuanian Railways) is a short-term solution, adding that the transport minister and the prime minister are responsible for the poor situation the state-controlled dry bulk operator is in. […]
Lithuanian President Dalia Grybauskaitė says she is glad that the Soviet-era sculptures have been removed from the Green Bridge in central Vilnius. […]
Bankruptcy proceedings of Lithuania’s financially-troubled shipping operator Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL) will not be initiated yet, the prime minister has said after a meeting with several ministers and executives of LJL and SEB Bankas. […]
The leader of Lithuania’s conservatives MEP Gabrielius Landsbergis has suggested during a visit in Kiev that Ukraine, Moldova and Georgia should set up a joint battalion. […]
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