Mindaugas Sinkevičius
Economy

Candidate for Minister of Economy plans to ready for end of EU support

Jonava District Mayor Mindaugas Sinkevičius, candidate for Lithuania’s economy minister, says one of his main priorities would be preparations for the decline in European Union (EU) support after 2020. In his words, the country should reinforce its economy to cushion the shock. […]

The Kremlin
Opinion

Eurasian Economic Union – reality or fiction?

Operating since 2015, the Eurasian Economic Union formed (EEU) over a relatively short period of time, and passed through all three stages of integration – from the customs union established in 2010 to the single market in 2012, culminating with the integrated economic union, which included coordination of the individual state economic policies starting in 2015. In principle, this inclusive structure and institutional framework is very similar to the European Union (EU), the difference being that the latter’s integration process, covering not only the single internal market but also various policies, took place over almost 40 years. The integration process arises from the bottom up. […]

Vilius Šapoka
Economy

Planned tax, pension reforms require agreement, Finmin nominee

Economist Vilius Šapoka, candidate for Lithuania’s new finance minister, has so far refused to elaborate on the possible pension and tax reform, saying that all changes would need to be analyzed. […]

Stasys Jakeliūnas
CORPORATE

Jakeliūnas on the letter which decided his post

Prior to the Seimas elections Stasys Jakeliūnas was viewed as the most likely candidate for the post of Minister of Finance. Surprisingly, however, he replaced the already confirmed Seimas Budget and Finance Committee chairman, while the PM chose Vilius Šapoka as a candidate for the post of Minister of Finance. According to Jakeliūnas this occured due to his stance on pension funds and pressure on financial institutions. […]

Virgilijus Poderys and Stasys Jakeliūnas
CORPORATE

Left in the shadow of Cabinet – no friction, no grudges

The preliminary line-up of candidates for minister posts only partially reflected predictions. Some “Peasant” candidates who have been discussed for months were left in the shadow with Saulius Skvernelis unveiling of the final list of names which was presented for presidential review. […]

Virgis Valentinavičius, Gabrielius Landsbergis
CORPORATE

Conservatives need a new message and a unifying leader?

Now is a suitable time for the Homeland Union to take care of its unity, seek a new core message and perhaps – a new chairman. Such was the view of political scientist Virgis Valentinavičius talking to LRT.lt. […]