Euros and the heating
Economy

Seimas likely to extend reduced VAT until next June

The reduced 9-percent VAT rate on district heating will remain in place until next June, the chairman of the ruling Lithuanian Peasant and Green Union (LPGU) said on Monday, admitting that municipalities have forced them to drop, at least for now, the idea of raising the rate to the standard 21 percent. […]

Heating
Economy

President sees scrapping of reduced VAT on heating as untimely, improper

Raising the reduced 9-percent VAT rate on district heating to the standard 21-percent rate is an untimely and improper move, Lithuanian President Dalia Grybauskaitė said on Monday. […]

Milda Dargužaitė
CORPORATE

Dargužaitė’s aims – lower governance costs and staffing reduction

“I definitely would not have taken this position had it just been for maintaining the bureaucracy. I am definitely not the most suitable person for that. I am entering from outside in order to make changes. The most important reforms we have in mind are increasing the effectiveness of institutions, the review of work processes and the implementation of the Lean system into the state sector, which would increase work effectiveness. […]

Eugenijus Jovaiša, Ramūnas Karbauskis, Saulius Skvernelis, Viktoras Pranckietis
Politics

Peasant & Greens up on popularity scale, SocDdems down

Lithuania’s ruling Peasant and Greens Union, which triumphed in the recent parliamentary elections, saw its popularity grow, while that of their coalition partners, the Social Democratic Party, was cut in half from the September level, shows a poll published in the Lietuvos Rytas daily on Saturday. […]

Julius Sabatauskas, Gintautas Paluckas
CORPORATE

Paluckas speaks of a “Peasant” trap for the SocDems

Vilnius vice Mayor and member of the Social Democrat Party (LSDP) presidium Gintautas Paluckas warns that the coalition with the Peasant Greens (LPGU) is a trap for the Social Democrats. In his opinion the Peasant […]