Teachers' strike
CORPORATE

Lithuanian teachers‘ wages lower than poorer EU countries

Lithuania’s teachers earn less than their counterparts in Romania, even though there is a lower minimum wage there. […]

No Picture
Defence

Baltic States disappointed as new US forces to be concentrated in Western Europe

A recent announcement from Washington that the United States is giving a four-fold boost to its military spending in Europe has sent waves of joy through Lithuania, but it appears that most of the US military presence will be concentrated in Western Europe, which has the necessary infrastructure already in place to support American forces, rather than Eastern Europe. […]

Algirdas Butkevičius, Ričardas Malinauskas
Politics

Druskininkai mayor should suspend party membership while under investigation, says PM

Prime Minister Algirdas Butkevičius will suggest that Druskininkai Mayor Ričardas Malinauskas, a fellow social democrat, suspend his membership in the party while investigators probe his suspected involvement in a shady construction project. However, Butkevičius does not believe that Malinauskas should resign from the mayor’s post. […]

Viktoras Uspaskichas
Politics

Why was sentence so light for Labour party founder?

It took almost 10 years for a court’s decision regarding the Labour Party‘s fraudulent bookkeeping in 2004-2006 to come into effect. However, the Vilnius circuit court’s altered decision regarding the sentence for Viktor Uspaskich, the party’s disgraced founder, raised a storm of commentary. Few seem to have expected the appeal court’s decision. How could it be that the accused got away with a tiny fine when they had been working to hide millions? […]

Michael Wolf
CORPORATE

Swedbank board ousts CEO Wolf in shock move

Swedbank, one of the biggest commercial and retail banks in Lithuania, has ousted its chief executive, Michael Wolf. He will be replaced by Birgitte Bonnesen as acting CEO. […]

Politics

Deputy agriculture minister steps down amidst suspected corruption in food-for-poor programme

Agriculture Minister Virginija Baltraitienė has accepted resignation of her deputy Vilius Martusevičius over alleged corruption in the ministry’s food for poor programme. […]