Economy
Year: 2016
CORPORATE
Šakalienė after a meeting with Karbauskis – I would act differently now
Having entered Seimas under the banner of the Lithuanian Peasant and Greens Union (LPGU), human rights activist Dovilė Šakalienė mentioned she has received offers to join a different party. A number of fractions would like to have her in their fold. […]
Defence
Lithuania demonstrates better defence abilities on Armed Forces Day
As Lithuania marks the Day of Armed Forces on Wednesday, the country’s leaders and top military officers noted the enhanced national and NATO defense capacities amid the continuing dismay over Russia. […]
Politics
Labour Party doesn’t consider merger with SocDems
The Lithuanian Labour Party does not consider merger with the ruling Social Democrats or other parties, says the party’s acting leader Vytautas Gapšys. […]
Energy
Vilnius to take energy co to court over EUR 190,000 overpayment for heating
Administration of Lithuania’s capital Vilnius intends to take Vilniaus Energija, heating supplier to the city, to demand that it pays back some of the money, 190,000 euros, for heating when it bought biofuel at a price far above the market price. […]
CORPORATE
Pranckietis – Karbauskis won’t frequent my office
Seimas Speaker Viktoras Pranckietis says that criticism toward him is usually based on ignorance. During a Tuesday Delfi conferences V. Pranckietis stated that he has known the Lithuanian Peasant and Greens Union (LPGU) Chairman Ramūnas Karbauskis since the latter’s university studies and assured that Karbauskis will not frequent his office with instructions. […]
Defence
National Defence, Security Industries Association gets new chief
Ričardas Sartatavičius has been appointed as the new director of the Lithuanian Defence and Security Industries Association. […]
CORPORATE
Skvernelis interview – I’m not unafraid of making unpopular decisions
Seimas accepted Saulius Skvernelis‘ appointment as PM on Tuesday. The first tasks awaiting the new Prime Minister over the next couple of weeks are to form a new cabinet and prepare a government programme. S. Skvernelis spoke on these issues in the show Dėmesio Centre on LRT. […]
Politics
President approves Skvernelis as new PM
Lithuania’s President Dalia Grybauskaitė on Tuesday appointed Saulius Skvernelis as the country’s new prime minister in line with the Constitution and in response to the approval of the newly-elected parliament. […]
Economy
Corporate tax exemption applicable for service companies in Lithuania
Lithuania is to attract IT, business process outsourcing, financial and other services enterprises to free economic zones (FEZs). Due to decision of Parliament of the Republic of Lithuania capital investment of service companies will have to exceed EUR 100 000 and employ at least 20 full time employees to receive incentives. […]
Uncategorized
Lithuania’s attention to Ukraine’s army to continue
Lithuania’s outgoing Defence Minister Juozas Olekas assured Ukraine’s Chief of Defence Viktor Muzhenko that Lithuania’s attention to the Ukrainian Armed Forces would remain at the same level next year. […]
Society
New Orthodox church opens in Klaipėda
A new church of Orthodox Old Believers was opened in the Lithuanian port city of Klaipėda on Monday. […]
Defence
New missiles in Kaliningrad aimed at hindering NATO ships’ access
The deployment by Russia of new missiles in its Baltic Sea exclave of Kaliningrad is aimed at restricting access for NATO allies’ ships to the Baltic countries, the Lithuanian Defence Ministry said. […]
CORPORATE
Those against Skvernelis‘ candidacy revealed
The largest opposition fractions – the Homeland Union – Lithuanian Christian Democrats (TS-LKD) and the Liberal Movement did not support the “Peasant” candidate for the seat of Prime Minister Saulius Skvernelis. […]
Politics
Seimas approves Skvernelis as prime minister
The Lithuanian parliament on Tuesday approved Saulius Skvernelis, the candidate proposed by the Lithuanian Peasant and Green Union (LPGU), as the country’s next prime minister. […]
Society
Lithuania must streamline its higher education network
Lithuania’s new government must streamline the network of universities and other higher education institutions amid a rapid decrease in student numbers, an advisor to President Dalia Grybauskaitė said on Tuesday. […]
CORPORATE
Hybrid threats facing Lithuania – real or imagined?
If you type the word “hybrid” into the Google search machine, you will get a rather likely result – the term “hybrid car”. Only later Google will include such terms, as “hybrid warfare” and “hybrid threats”. In general, hybrid means a thing made by combining two or many different elements, mixed. So much about the terms. […]
Politics
Former c.bank official Šapoka considering offer to become FinMin
Vilius Šapoka, a former director of the Financial Services and Markets Supervision Department at the central Bank of Lithuania, says that he is considering an offer to become the country’s next finance minister. […]
CORPORATE
Jakeliūnas no longer proposed as Minister of Finance
Lithuanian Peasant and Greens Union (LPGU) representative Stasys Jakeliūnas is no longer being proposed to become Minister of Finance, he will be offered the chairman seat in the Seimas Budget and Finance Committee. This was […]
CORPORATE
Seimas Speaker meets President Dalia Grybauskaitė
Seimas Speaker Viktoras Pranckietis met with President Dalia Grybauskaitė on Monday to discuss further cooperation. Assistant to the head of state Mindaugas Lingė states that the currently most pressing task is to balance next year’s budget. […]