Saulius Skvernelis, Dalia Grybauskaitė

PM on 2017 – reforms will be rather radical and difficult, but unavoidable

The new Prime Minister Saulius Skvernelis says that the concluded 2016 was a difficult year for Lithuania, with emigration rates rising rather than decreasing. Problems in the education system also remained among the most important to resolve, while the bureaucratic networks in Lithuania did not diminish. That said the PM is intent to do everything possible to begin to resolve this as soon as possible. […]


Lithuanian businesses get loans from Russian banks

Lithuania is in the zone of influence of Scandinavian banks, however, Russian banks also have low-key operations in the country and hand out loans to Lithuanian businesses, which Scandinavian-operated local banks are not extremely happy about and warn about risks, Verslo Žinios daily said. […]