CORPORATE
Highest monthly wage in Lithuania hits record €250k in 2015
The highest monthly salary in Lithuania last year hit €250,000 with about 200 people earning into the tens of thousands monthly according to TV3 news. […]
Month: February 2016
CORPORATE
Lithuania ranks third in EU for growth in consumer spending
Lithuanians are spending more and more on shopping, ranking third in Europe for growth in consumer expenditure despite the fact that Lithuania has the smallest amount of shopping or retail space per head of population in Europe. […]
CORPORATE
CORPORATE
Stabilising global environment, stronger eurozone to boost Lithuanian business in 2016
Stronger growth in the Eurozone and a stabilising international environment, supported by strong domestic consumption should boost Lithuanian businesses in 2016, according to Swedbank. […]
Politics
New bill on dual citizenship being drafted ahead of planned referendum
Prime Minister Algirdas Butkevičius has appointed a task group to draft a bill on dual citizenship so that the issue could be put to a vote in a planned referendum this year. […]
Politics
CORPORATE
Fringe media outlets mobilising to create new political force in Lithuania
Fringe online media outlets in Lithuania, often embracing ideas that match those of the state-controlled Russian media, have long been cooperating and sharing information among themselves. Experts say that now they are mobilizing behind politicians who are trying to win power. […]
Defence
NATO endorses plans to deploy additional forces in Eastern Europe
Defence ministers of NATO countries on Wednesday endorsed plans to step up the Alliance’s military presence in Eastern Europe in response to Russia‘s actions, Lithuanian Minister of National Defence Juozas Olekas said. […]
Uncategorized
IMF warns Ukraine it will pull €35bn bailout unless corruption stops
The International Monetary Fund warned on Wednesday that will halt its €35 billion bailout programme to Ukraine unless the country takes immediate action to tackle rampant corruption. […]
Energy
Society
Neighbour saves baby from drowning in well
A 19-year-old mother in south-west Lithuania almost killed her baby by throwing it in a well. A neighbour came in time to save the baby from drowning. […]
CORPORATE
Lithuanian exporters to beat Russian embargo to grow strongly in 2016
Lithuanian exports grew by 2.6% last year, excluding oil products, despite the Russian embargo on many Lithuanian goods, with exports to Russia falling by more than 50%. […]
Economy
Labour Code amendment suggests more flexible employment contracts for high-earners
High-earners should have more latitude to negotiate employment terms with their employers, a Lithuanian parliamentary committee has decided. […]
Defence
Back to the future: 1,000-strong NATO battalions for Lithuania, Baltic States
One thousand-strong battalions of NATO troops could be stationed permanently in Lithuania and each of the Baltic States under new plans to create a deterrent to Russian aggression. […]
Global LT
Lithuanian-American community to celebrate Lithuanian independence on Valentine’s day
On Valentine’s day, members of the Lithuanian-American community in Massachusetts will celebrate their love for Lithuania by holding a special bilingual mass honouring the country’s day of independence with traditional songs and food. […]
European Union
Germany’s change of heart on refugees will affect all Europe, Lithuanian analyst says
Germany is having second thoughts about welcoming refugees and this will have effects throughout Europe, says Lithuanian political scientist Kęstutis Girnius. […]
Society
‘Not one conviction for bribing doctors recorded in Lithuania in 7 years’
Not a single conviction for bribing a member of the medical profession in Lithuania has been recorded in the seven years from 2006 to 2013, according to Transparency International Lithuania. […]
Politics
PM questioned in construction fraud investigation
Prime Minister Algirdas Butkevičius was questioned by Special Investigation Service (STT) officers investigating construction fraud in Druskininkai. […]
Politics
President signs decree to sack healthcare minister
Lithuania‘s President Dalia Grybauskaitė has signed a decree to dismiss Rimantė Šalaševičiūtė, a social democrat, from the post of healthcare minister. […]
CORPORATE
Volkswagen launches diesel engine correction programme in Lithuania
Volkswagen group has informed owners of its vehicles in the Baltic countries that the company is about to launch correction procedures on diesel car models associated with the recent emissions scandal. […]