CORPORATE
Month: February 2016
Economy
Big winter storm forces Klaipėda port to close to ships
A large winter storm that is battering the coast of Lithuania has forced Klaipėda port to stop ships from entering and leaving the port. […]
Economy
Lithuanian government extends €420m loan to state social insurance fund
The Lithuanian government has agreed to extend a €420 million interest-free loan to Lithuania‘s social insurance fund, the Sodra, to help it “balance cash flows”. […]
Economy
Apartment deal to push ahead €79m national stadium development
The company that wins the competition to develop a National Stadium on the outskirts of Vilnius will also be allowed to build apartments on the site as a sweetener to attract potential developers. […]
CORPORATE
Service prices rise faster in Lithuania than rest of EU
The price of services in Lithuania grew more than in any other European Union country last year, increasing over 5%. […]
Foreign affairs
Lithuanian parliament speaker pushes Poroshenko to continue reforms
Lithuanian Parliamentary Speaker Loreta Graužinienė urged Ukraine to push on with the reforms at a meeting of parliamentary speakers of the Nordic and Baltic States (NB8) with Ukraine’s President Petro Poroshenko in Kiev. […]
Politics
Conservatives call for impeachment of Labour MP Gapšys
The opposition Homeland Union – Lithuanian Christian Democrats (conservatives) intend to call an extraordinary session of the Seimas (parliament) on February 17 to launch impeachment procedures against Labour Party MP Vytautas Gapšys. […]
Uncategorized
Blow to Ukraine’s reform effort as Lithuanian-born economy minister quits
The Lithuanian Minister of Economy of Ukraine, Aivaras Abromavičius, said on Wednesday he was stepping down as his ministry was being hijacked by corrupt vested interests. […]
Culture
Politics
President wants ‘serious conversation’ with prime minister
President Dalia Grybauskaitė is to have a “serious conversation” with Prime Minister Algirdas Butkevičius about corruption suspicions that have plagued his cabinet over the last week. The meeting is scheduled for next week, after Butkevičius comes back from vacation. […]
Politics
Lithuanian PM will not cut short Caribbean holiday despite cabinet turmoil
Lithuania’s Prime Minister Algirdas Butkevičius is not planning to cut short his vacation in the Caribbean despite several of his cabinet ministers becoming embroiled in controversy. […]
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Growing number of Lithuanians investing in state securities
A growing number of Lithuanians are investing in state securities that finance state borrowings, according to the latest figures from the Ministry of finance. […]
CORPORATE
Wind powered 25% of Lithuanian domestic electricity in 2015
Wind power represented a quarter of domestic Lithuanian electricity production in 2015 with the amount of electricity generated by wind also increasing by over 25% year on year. […]
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Unemployment rises in Lithuania as it falls across eurozone
Unemployment increased in Lithuania in December as it fell across the eurozone, according to the latest figures from Eurostat, the EU statistics agency. […]
Society
Society
Lithuanian prosecutors ‘should look into list of Holocaust perpetrators’
The leader of the Jewish Community of Lithuania, Faina Kukliansky, says that the Genocide and Resistance Research Centre should submit the list of Holocaust perpetrators to prosecutors for scrutiny. […]
CORPORATE
Veolia claim against Lithuania offers case in point for EU trade liberalisation sceptics
Although the Trade in Services Agreement (TISA) is less debated in Lithuania than in many larger member states of the European Union, recent charges by a large investor, Veolia, against Lithuania illustrate the fears that many, especially European green movements, have had about the agreement all along. […]