Economy
Year: 2016
Culture
Uncategorized
Defence
Lithuanian border guards targeted by foreign intelligence six times last year
Foreign intelligence agencies keep approaching Lithuania’s border guards in order to recruit them, the State Border Guard Service (VSAT) said on Friday. Six such attempts were reported last year. […]
Defence
Lithuanian analysts unconvinced by BBC’s World War Three scenario
A recent programme aired by the BBC explores a hypothetical doomsday scenario of a nuclear stand-off between Russia and NATO over Latvia. Analysts in Lithuania say it presents too simplistic a take on geopolitical realities in Eastern Europe which, in itself, could erode confidence in NATO‘s collective defence commitments. […]
Global LT
World Cepelinas Day will leave Lithuanians around the world with full stomachs
February 7th is World Cepelinas Day, and Lithuanian communities around the world will celebrate by preparing heaping helpings of this delicious and hearty Lithuanian dish. […]
Defence
Rand study ‘excellent lobbying tool’ for Baltics
A recent study by an American think tank, saying that the Baltic states would be an easy target for Russian aggression, could be used as a tool to lobby NATO allies to step up their presence in Lithuania, Latvia and Estonia, says Lithuanian military expert Deividas Šlekys. […]
Energy
CORPORATE
Marriott to invest in new hotel in Palanga
A new Marriott Hotel is to be built in the centre of Palanga by the end of 2018, with the international hotel group making a major investment in the Lithuanian resort town. […]
CORPORATE
Growing demand to drive up housing prices in Lithuania’s cities
The supply and demand for real estate is growing in Lithuania‘s largest cities with the movement of people from rural areas to cities increasing, drawn by higher wages. […]
CORPORATE
Lithuania one of the biggest energy importers in EU
Lithuania‘s dependency on energy imports in 2014 was one of the largest among the 28 European Union countries. […]
CORPORATE
Foreign investment in Lithuanian commercial real estate rises 6% in 2015
Foreign investment in Lithuanian commercial real estate rose 6% in the first three quarters of 2015 to hit €183 million compared to the same period last year. […]
CORPORATE
MP proposes VAT cuts on basic foods
A reduced value-added tax (VAT) rate should apply to basic food products, according to a new bill being proposed by a Labour Party MP. […]
CORPORATE
Lithuania’s demographic crisis needs to be tackled now, say economists
Demographics will soon be the biggest problem facing Lithuanian society and industry, leading economists have warned, urging Lithuanian politicians to address the massive emigration that has been draining the Lithuanian population for over a decade now. […]
CORPORATE
Politics
Group to collect signatures against refugee resettlement in Lithuania
A group wants to collect 50,000 signatures under a petition which would force parliament to reconsider refugee resettlement in Lithuania. […]
Defence
Russian invasion scenario a ‘good warning’ for allies, says Lithuanian minister
Analysis published by US analysts, suggesting that NATO should step up the military security of the Baltic states, is a “good warning for the Allies,” says Lithuania’s Defence Minister Juozas Olekas. […]
CORPORATE
Society
Politics
Indexing pensions and labour flexibility should be reform focus, president says
Lithuanian President Dalia Grybauskaitė is somewhat sceptical about the so-called new social model, a package of reforms to the labour code and the country’s welfare system. […]