The Lithuanian government told the European Court of Human Rights in a suspected secret CIA prison case that what CIA-linked aircraft transported to Lithuania a decade ago was not prisoners, but communications equipment for an intelligence support center that was being set up close to Vilnius.
Rimi Lietuva’s net profit jumped to €7.3 million, from €953,100 euros in 2014 on the back of a raft of new store openings. Rimi’s annual revenue in Lithuania increased by 15.7% to €28* million. Rimi […]
The United Kingdom’s withdrawal from the European Union will harm the development of Lithuanian start-ups and the emergence of Lithuania as hub for entreprenerial companies, reports Verslo Zinios. “It is hardly to be expected that, […]
Danish-Lithuanian capital company Blue Ocean Robotics has developed a metal folding robot in Lithuania called Bendsai which could replace half a million metal folding machines in the world. “Bendsai is unique in that it not […]
The new Labour code allows no more than 10% of employees in one company to work under project-based contracts. “The limit to employ only 10% of people under project work contracts is illogical and does […]
The newly adopted labour code allows employers to essentially lock out striking employees, allowing to temporarily fire striking workers and replace them or compensate by increasing workloads on other employees. While employers say strikes will […]
One of the biggest questions raised by Lithuanians in the wake of the United Kingdom’s vote to leave the European Union is what will happen to work migrants in the country. Will Brexit cause a wave of emigrants returning to Lithuania, and if so, what awaits them in Lithuania? […]
Britain’s historic decision to leave the European Union has exposed big fault lines inside the bloc. Unless the divisions are overcome as soon as possible, the markets will pounce on the euro, having already done so on the British pound. Uncertainty over when and how to negotiate Britain’s exit from the EU will lead to paralysis inside the bloc that Euroskeptic movements will exploit. The yawning gap between citizens, leaders, and the EU institutions will widen. And resentment could build up between the big and small member states. […]