Defence
Month: June 2016
Economy
Lithuanian startups ‘can be global pioneers’ – former Google employee
Debu Purkayastha, a representative of UK-based investment fund Octopus Investments and a former employee of Google, believes Lithuanian tech entrepreneurs have what it takes to become global pioneers. […]
Opinion
Sports
Foreign affairs
Society
Leader of pro-Soviet Yedinstvo testifies at January 13th war crimes court case
A Vilnius court on Wednesday heard testimony of witness Valeriy Ivanov, the leader of the pro-Soviet Yedinstvo organization, in the trial over the 13 January 1991 attempted coup. […]
European Union
New poll shows what Lithuanians think of Britain’s EU referendum
Most Lithuanians do not support the initiative for the United Kingdom to leave the European Union (EU), shows a poll conducted by Spinter Tyrimai in April. […]
Freetime
Lithuanian tongue-twisters: Watch US Embassy staff’s heroic attempts to tackle these tough rhymes
Lithuanian is a notoriously difficult language to learn, but that didn’t stop the staff of the US Embassy in Vilnius from making heroic attempts at conquering a collection of tough Lithuanian tongue-twisters. […]
Society
Stricter speeding fines and lower tolerance proposed by Ministry of Interior
The Ministry of the Interior has a new legal proposal that would lead to a reduction of speeding tolerances to 5kmh over the speed limit and to an increase in fines for every kmh over the limit from €2 to €5 for certain speeds. […]
Global LT
I only brought $300 for my ‘new life’ – A Lithuanian emigrant’s story
Lithuanian expatriate Birutė Scobee shares the inspiring story of her struggle to make it in the United States. […]
Freetime
Friendly Vilnius: Lithuania’s capital promotes itself as open to the disabled, LGBT, foreigners and vegans
A not-for-profit organisation Friendly Vilnius aims to make the Lithuanian capital a welcoming place for people of all nationalities, lifestyles, abilities, and orientations. To achieve this aim, a Friendly Vilnius map was launched, listing 50 open-minded, inclusive businesses across the Lithuanian capital. […]
Society
Politics
Lithuania’s culture minister owns undeclared assets in Bulgaria
Lithuania’s Culture Minister Šarūnas Birutis, delegated to the cabinet by the Labour Party, owns property in Bulgaria that he has failed to include in his declaration of assets.
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Economy
Lithuanians buying more houses than apartments as sales grow
Lithuanians are increasingly looking to buy houses and sites as standalone house and land sales grew in Lithuania in May, according to the Centre of Registers. […]
Economy
City of Vilnius seeks €50m from EIB to finance infrastructure
The city of Vilnius is seeking to borrow €50 million from the European Investment Bank (EIB) to finance new infrastructure projects and refinance existing debt. […]
CORPORATE
Lithuania’s banking system ‘could withstand series of shocks’
Lithuania’s financial system could withstand a series of international and domestic shocks, including a sudden deep recession according to the chairman of Lithuania’s central bank. “Banks can withstand large shocks. Our stress tests shows that […]
Society
Kaunas commemorating 150th anniversary of President Kazys Grinius
Kaunas is commemorating the 150th anniversary of Kazys Grinius, the last democratically elected president of the interwar Lithuanian Republic. […]
CORPORATE
Achema small shareholders go to court over €150m buy-out
Small shareholders of Achema Group, Lithuania’s biggest fertilizer producer, have asked court to force the company to buy out their 25% stake in the company. The small shareholders, who have failed to agree with the […]
CORPORATE
Public’s tolerance for tax evasion in Lithuania is falling
The State Tax Inspectorate‘s (VMI) anonymous hotline, which has been operating for the past 10 years, has added €32 million to the state’s budget, and the number of calls it receives is growing every year, […]
CORPORATE
Klaipėda shipyard acquires biggest dock in the Baltics
Klaipėda-based AB Western Shipyard company group has acquired a floating dock to carry out repairs from the Montenegro company Adriatic Shipyard Bijela that will be the biggest in the Baltic States. “Acquisition of this dock […]