CORPORATE

Lithuanian wage growth fastest since financial crisis

The average wage in Lithuanian was 6.9% higher in the first quarter of 2016 than the same period last year. This is the fastest rate of growth in pay packets since the Lithuania‘s economic recovery […]

Frank-Walter Steinmeier
European Union

Renewing EU sanctions against Russia may be difficult – German Foreign Minister

Germany‘s Foreign Minister Frank-Walter Steinmeier has said that the European Union will find it more difficult to renew sanctions against Russia in the coming months amid “increased resistance” within the 28-member bloc. […]

No Picture
Uncategorized

Crimea two years on from Russian annexation – Lithuanian journalist tells of changes

Artūras Morozovas, a Lithuanian photojournalist who recently returned from Crimea, spoke about how the region has changed over the two years since it was annexed by Russia. […]

Society

State audit finds mistakes in management of Vilnius administrative building

Lithuania’s highest auditing body has stated that the administrative buildings that the Vilnius City Municipality built for itself and the Vilnius county administration more than 10 years ago was incorrectly managed. Because of this, the Vilnius City Municipality has failed to fulfill its obligations to the state and has increased its own and the state’s budgetary expenditures. […]