Rail Baltica
CORPORATE

Economist: Russia is taking action to ensure that Rail Baltica is not profitable

There exists a risk that Lithuania will be unable to secure enough cargo for investment in Rail Baltica to pay off, Kaunas Technology University Economics and Business Department (KTU EVF) professor Vaidas Gaidelys says. The […]

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Politics

Seimas to decide on alcohol ads in foreign magazines in spring

Lithuania’s parliament will discuss in spring whether alcohol advertisement should be allowed in foreign publications distributed in the country. […]

Edward Lucas, the Nordic Chambers Dinner i
Uncategorized

How to make the deal of the deals with Russia? After dinner with E. Lucas

Edward Lucas, the former senior editor of the Economist, visited Vilnius on January 10th — once again, should we say. He lived in Lithuania in the Nineties and is such a frequent commentator and visitor in Lithuania that he even speaks the language a bit. His work has been revolving around Russia for so long that he has become a synonym for Russophobia, an accusation he is sharing with the three Baltic States. […]

The General Data Protection Regulation seminar
Economy

EU’s new data protection regulation: more rights for individuals, colossal challenges for businesses

The General Data Protection Regulation, or GDPR, may sound like one more arcane package of rules coming from Brussels, but saying it’s “a big deal” does not even begin to cover it. The directive will affect every company inside the EU, as well as those outside the EU, doing business with EU citizens when it comes into effect on 25 May. Preparing for it requires quite extensive legal and IT resources. Aurelija Rutkauskaitė, attorney at the legal firm Triniti, and Stein Ove Sektnan, managing director at customer relations management firm SuperOffice, acquainted the attendees of the monthly European Business Network business breakfast with the challenges of meeting the GDPR and offered tips how to deal with them. […]

Nijolė Sadūnaitė
Society

Dissident awarded Lithuanian Freedom Prize

Nijolė Sadūnaitė, 79-year-old nun, dissident and Soviet-era political prisoner, was awarded the Freedom Prize on the Day of Freedom Defenders at a solemn ceremony at the parliament on Saturday. […]

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Foreign affairs

Lithuania bans entry to 49 Russians under ‘Magnitsky Act’

Lithuanian Interior Minister Eimutis Misiūnas on Friday banned 49 Russian nationals accused of human rights violations and money laundering from entering the country. […]