FNTT
CORPORATE

Lithuanian anti-fraud police probing alleged misappropriation of €4m EU funds

The Lithuanian anti-fraud police have launched an investigation into an illegal attempts to obtain nearly €4 million in funding from the European Union and the Lithuanian government for 11 projects. The agency is investigating 68 […]

Avia Solutions Group
CORPORATE

Avia Solutions Group seals €1 billion deal with Chinese company

Lithuania‘s Avia Solutions Group and AviaAM Leasing has signed a €1 billion cooperation agreement with the Henan Provincial Civil Aviation Development and Investment Company, China‘s second largest civil aviation company. Under the agreement, AviaAM Leasing, […]

Brexit: A protester in London spells out one of the possible implications of the vote
Foreign affairs

Brexit: a short guide to what is likely to happen next

In a historic referendum, British citizens voted to leave the European Union on June 23, with 51.9 percent of voters choosing an exit. For the first time since its creation in the mid-1950s, the bloc will soon lose a member. The move is triggering a chain of events that will be felt around the globe, and it pushes both Britain and the European Union into a prolonged period of uncertainty that will fundamentally change the future of Europe. […]

Lithuanian President Dalia Grybauskaitė
European Union

EU will feel consequences of Brexit, says Lithuania’s president

The European Union will feel the consequences of Brexit in the short term but should be able to find a model of co-existence with Britain, said Lithuanian President Dalia Grybauskaite after Britain voted to leave the EU. […]

Rasa Budbergytė
Politics

‘No new taxes in the near future’ – new Finance Minister

The current government has no plans to introduce any new taxes, says Lithuania’s new finance minister, backtracking from her earlier statement that real estate and car taxes were only a matter of time.

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