CORPORATE
Month: February 2016
CORPORATE
Society
Politics
Lithuanian parties expanding abroad
Last month, the conservative Homeland Union – Lithuanian Christian Democrats set up new party chapters in Switzerland and the City of London. The conservatives are planning to continue with divisions in the United States and Poland, according to the daily Lietuvos Žinios. […]
Culture
Politics
President on Labour Party acquittal: It still pays to steal in Lithuania
It still pays to defraud, steal and avoid taxes in Lithuania, the country’s President Dalia Grybauskaitė said on Monday, commenting on the Court of Appeals verdict in the Labour Party‘s fraudulent bookkeeping case. […]
CORPORATE
Politics
Energy
Lithuania needs political consensus on Belarus nuclear power plant, says minister of energy
Minister of Energy Rokas Masiulis says that a broad political consensus is needed in Lithuania on the issue of the Astravyets nuclear power plant under construction in Belarus. […]
Society
“We never called Lithuanians a nation of Jew-shooters” says community leader
Jews living in Lithuania never said Lithuanians were a nation of Jew-shooters and don’t plan on doing so, but Lithuania should acknowledge the topic of the Holocaust, Faina Kukliansky, the leader of the Lithuanian Jewish Community, said in a press release issued in the wake of heated discussions on the Holocaust. […]
Politics
Court of Appeals overturns prison sentences in Labour Party case
Viktor Uspaskich, a member of the European Parliament and founder of Lithuania’s Labour Party, has been cleared of tax avoidance charges by the Lithuanian Court of Appeals which overturned a previous prison sentence imposed on the politician. He will still have to pay a fine of €6,800 for hiding income and expenses in his party’s accounts. […]
Uncategorized
Trouble with the development of Russia’s next-generation stealth fighter
While Russian commentators may have been happy to watch the U.S. F-35 stealth fighter development project go over-time and over-budget, Russia has been discovering just how difficult the development of a stealth fighter can be with its Sukhoi PAK FA T-50 project. […]
Society
Kalashnikov fugitive sentenced to 4 years in prison
Igoris Molotkovas, who sparked a massive manhunt operation in Vilnius last November after escaping police with a Kalashnikov rifle, received a custodial sentence on Monday. He will spend four years and four months in prison. […]
Economy
Lithuania jumps to 13th in global economic freedom rankings
Lithuania moved up two places to 13th in the latest global economic freedom index published by the Heritage Foundation in conjunction with the Wall Street Journal. […]
Defence
Two thirds of Lithuanians support raising defence funding
About 67% of the Lithuanian population fully or in part agree on the need to increase defence funding to 2% of the gross domestic product (GDP), shows a poll published by the Ministry of National Defence. […]
Economy
Where do Lithuanians own the most foreign real estate?
Up until now, the only information about foreign real estate held by Lithuanians that state institutions could access was whatever the owners themselves declared, or by initiating an individual inquiry with authorities in another country. […]
Economy
Politics
Court of Appeals to give verdict in Labour Party’s fraud case
The Lithuanian Court of Appeals is to hand down a ruling in the Labour Party‘s bookkeeping fraud case on Monday, paving way for the verdict in the case to take effect. […]
CORPORATE
US military officer arrested for DUI in Šiauliai
Police officers arrested a US military captain for driving a car while under the influence in Šiauliai. The US officer who is overseeing US military equipment at the protected Lithuanian army base in Mumaičiai was caught early Saturday morning with a 1.75 Blood Alcohol Level. […]
CORPORATE
80 fishermen saved in rescue operation on Curonian Lagoon
Around 80 fishermen were saved by the Lithuanian Naval Rescue Service on Sunday morning after ice began to move in the Curonian Lagoon near the Ventė horn and fishermen became trapped on floating ice sheets. […]