Foreign affairs
Year: 2016
Global LT
Freetime
What’s on in Lithuania this weekend
Looking for something to do this weekend in Lithuania? The Lithuania tribune has got you covered with a selection of events you might be interested in: […]
Economy
Swiss influx to Lithuania expected after opening of new Vilnius-Zurich route
The very first airline Germania plane from Switzerland landed in Vilnius on Thursday. The regular flights between Vilnius and Zurich will start a month later, on June 2, but this time all the airline’s management flew to Vilnius. […]
Economy
Financial pressures on Lithuanian citizens among highest in EU
The number of Lithuanian residents with financial pressures last year was one of the largest among the European Union‘s 28 member states, according to Eurostat, the EU’s statistics department. […]
Energy
Vilnius to turn heat back on in face of unexpected chilly weather
On Friday, the Vilnius municipal government will turn the central heating system back on. The municipal government claims that this is being done due to requests from residents as well as unseasonable weather forecasts. […]
Defence
Lithuania should use Russian provocations to advance its national security, analyst says
The incidents in the Baltic Sea this week where Russian jets buzzed an American warship were widely reported in the Western media and Lithuania should use the occasion to push for more military support from its NATO allies, according to a Lithuanian analyst. […]
CORPORATE
NordBalt power connection down for fourth time this year
On Thursday, the NordBalt electrical connections between Lithuania and Sweden shut down for the fourth time this year. The price of electricity for the next day shot up by 49.06%. The cause of the NordBalt […]
Economy
Lithuania’s oil industry and Swiss bank accounts: Panama Papers shed light on 1990s
The Panama Papers can offer some insight into Lithuania’s oil industry at its crucial moment two decades ago as documents leaked from the Panamanian law firm Mossack Fonseca reveal bank accounts in Switzerland of former and present heads of Lukoil Baltija and Mažeikių Nafta. […]
CORPORATE
Was Gagarin’s flight really the climax of US-Soviet space race?
This week 55 years ago, Yuri Gagarin became the first man to journey into outer space. A landmark in the history of human exploration, it was also a feat in the political rivalry between the two super powers of the time. […]
CORPORATE
A present from the Netherlands for cyclists in Lithuania
Vilnius has received two bicycle stands designed to resemble a car from the Netherlands during the Bicycle Day. The stands were uncovered by the Mayor of Vilnius Remigijus Šimašius and the Kingdom of the Netherlands […]
CORPORATE
Consumer price index rises in Lithuania and across EU
Lithuania’s consumer price index rose 1.1% in March mirroring rises across the eurozone, up 1.2%, and the EU (up 1%), according to the latest figures from Eurostat. In March, Portugal (2.2%), Italy (2.1% ) and […]
CORPORATE
US entrepreneur says Lithuania needs three things to succeed
Lithuania needs only three things to even surpass the Scandinavian countries, according to Cynthia Pasky, the head of Strategic Staffing Solutions which helps global companies to open service centres in Lithuania. “The first one – […]
CORPORATE
Lithuanian companies increase investments as profits peak
Lithuanian businesses are decreasing savings and increasing investment as profits almost hit pre-crisis highs, with growing salaries and domestic consumption, and positive trends in Lithuania’s main export markets. Bank of Lithuania data shows that the […]
CORPORATE
Masiulis pushes common position on Belarus nuclear plant with Latvian, Estonian ministers
Lithuanian Energy Minister Rokas Masiulis met with Latvian Deputy Prime Minister Arvils Ašeradens and Estonian economy and infrastructure minister Kristen Michal in Riga to try to find a common position on the issue of electricity […]
Defence
US warship ‘had right to shoot down Russian jets’ – Kerry
US Secretary of State John Kerry has said that US warship, the USS Donald Cook, would have been within its rights to shoot down the Russian warplanes which flew within metres of the destroyer in the Baltic. […]
Sports
Motiejūnas and Rockets scrape into NBA playoffs
Lithuanian NBA star Donatas Motiejūnas helped the Houston Rockets to make it into this year’s playoffs with a 116-81 win against the Sacramento Kings last night. […]
Defence
US reassures Lithuania of congressional approval for $3.4 billion in European defence support
On his visit to the United States this week, Lithuanian Minister of National Defence Juozas Olekas was assured by US politicians that Congress will approve the $3.4-billion-USD European Reassurance Initiative for 2017, the Lithuanian Ministry of National Defence said on Thursday. […]
Foreign affairs
Ukraine’s new prime minister receives Lithuanian foreign minister’s support
Lithuanian Minister of Foreign Affairs Linas Linkevičius believes that the goals of Ukraine‘s new Prime Minister, Volodymyr Groysman, are correct and should be given the opportunity to become reality. […]
Energy
Decommissioning of Ignalina nuclear plant will cost extra €900m by 2020
The Ignalina Nuclear Power Plant (INPP) will need another €900 million for its ongoing decommissioning by 2020, said an INPP official. […]