Lithuania has risen by two positions in the Global Innovation Index 2016 and is positioned 36th among 128 countries. Lithuania is in top ten under seven indicators. Some of Lithuania’s biggest leaps in recent years […]
Lithuania issued government bonds worth €15 million on Monday. The state will pay 0.489% interest on average for the bonds that will mature in eight years. By 1 July, the central government’s debt amounted to […]
The price of electricity in Lithuania and Latvia last week fell 16% to €31.59 per MWh after the NordBalt maintenance works have been finished. Increased electricity imports from Estonia and Belarus also gave a positive […]
Lithuanian, American and Polish troops, 1,300 soldiers in total, are showcasing their skills and ability to coordinate actions at the military exercise hosted by Lithuania, Strong Hussar 2016. The exercise will be held at Gaižiūnai […]
With anti-democratic sentiments growing among the Russian population, Alexander Sokurov, a prominent Russian filmmaker, says he feels great concern about his country’s future.
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At the moment, Lithuania receives about €623 of EU support per person. The amount will go down significantly after 2020. “This is when we’ll see who’s been swimming naked,” says economist Žygimantas Mauricas. […]
The contract on the purchase of German infantry fighting vehicles Boxer for Lithuanian Armed Forces will be signed on August 22, Lithuania’s Ministry of National Defence has said. […]
Healthcare Minister Juras Požela is in hospital, the spokeswoman for Santariškės Clinics in Vilnius has confirmed.
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US presidential candidate Donald Trump has said he would work with NATO allies if he wins the White House, apparently backing down from his earlier suggestions the United States might not meets its obligations to NATO allies. […]
Lithuanian Foreign Minister Linas Linkevičius says that Russia‘s allegations about a Ukrainian incursion into Crimea may be aimed at creating a pretext to back away from the Minsk agreement.
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The recent food safety and suspected influence peddling scandal, which has embroiled the food company Judex and Lithuania’s Food and Veterinary Service, may result in Lithuanian food exporters losing their hard-won foothold in the American […]
The first six months of 2016 saw growth in transportation of goods. Experts predict that the transport sector’s share in the gross domestic product will be up to two and a half percent higher this […]
Vladimir Antonov, the former owner of the Snoras Bank which was nationalized and went under after revelations of large-scale embezzlement, has turned to the Moscow Arbitration Court demanding a compensation from Lithuania. He demands 40 […]
In the event of a threat, state institutions would not be prepared to protect the population from the danger – over a third of the state institutions have not organized any training in over three […]
A survey shows that Lithuanians tend to spend more on homes than people in the other two Baltic countries. Forty-seven percent of Lithuanians prefer living in flats, 34% would choose to live in a cottage […]
The end of the European Union‘s current financial period in 2020, after which Lithuania will be getting substantially less funding from Brussels, will be a cold shower that will expose inefficiencies in the country’s economy currently covered up by European money, says a leading economist.
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A killing of a policeman while on duty last week has drawn attention to the issue of officers’ safety. Lithuania’s minister of the interior is planning a meeting with police leadership and unions to discuss measures to prevent similar incidents. […]
Lithuanian cyclist Simona Krupeckaitė has qualified for the women’s sprint quarterfinals at the Olympic Games in Rio de Janeiro. […]
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