The cabinet’s tax and public sector policy is not contributing to resolving income inequality issues, Bank of Lithuania board chairman Vitas Vasiliauskas says. […]
Next week, on 17 December 2018, the Presidential Palace will host an important international conference on the relations between Germany and Lithuania. The participants include the Lithuanian German Forum, functioning for thirteen years now and currently headed by Gabrielė Gylytė-Hein, representatives from the Ministry of Foreign Affairs, the Vytautas Magnus University, and the Vilnius Institute for Policy Analysis. Jointly, they will strive to define the strategic guidelines for the Lithuanian-German relations at a conference broadcast live via the Delfi TV. The event will also be attended by influential European foreign policy makers and a large number of entrepreneurs, academics and cultural representatives. […]
The Eastern Europe Studies Centre organised its fourth Stasys Lozoraitis Annual Lithuanian Foreign Policy Conference, which featured a debate between potential presidential candidates on Lithuania’s position with the European Union resolving fundamental political challenges. The discussion had no lack of laughter and pointed remarks exchanged. […]
Tramway, free parking lots, free public transport, smart traffic system – these and other measures, which could be used to improve traffic congestion in Vilnius are being listed by candidates to become the capital’s mayor, lrt.lt writes. […]
The Lithuanian Farmers and Greens Union (LVŽS) Vilnius branch decided on Thursday evening that their candidate to Vilnius mayor would be Virginijus Sinkevičius. […]
The confrontation between the majority and the president is a public relations stunt intended for the nearing elections, Lithuanian Social Democratic Party (LSDP) chairman Gintautas Paluckas told Žinių Radijas. He is convinced that there is no “war” between the Lithuanian political leaders, which is proven by their decisions in Seimas. […]
CityBee Solutions, which operates car-sharing services in Lithuania and Poland, today announced an international tender to purchase over 5 000 new cars. That’s five times more than the company currently has. The acquisition will make CityBee one of the biggest car-sharing companies in Europe, a press release from CityBee states. […]
Prime Minister Saulius Skvernelis so far does not specify whether he will run for president, however he also states that the attacks against him and the cabinet make him consider it. […]
In an interview to LRT Television’s Dienos Tema, President Dalia Grybauskaitė stated that out of concern over teacher wages payment reform, she offered her aid to both the now dismissed Minister of Education and Science Jurgita Petrauskienė and to Prime Minister Saulius Skvernelis. That said, the latter apparently refused aid from the head of state. Meanwhile, S. Skvernelis stated in a cabinet hour held in Seimas that what was offered was not aid, lrt.lt writes. […]
Agrokoncernas has made an official appeal to the president and prime minister over Minister of Foreign Affairs Linas Linkevičius‘ contacting law enforcement institutions over the company. Last week, L. Linkevičius called on the Prosecutor General’s Office regarding Agrokoncernas’ import of fertiliser to Lithuania, which is produced by Minudobreniya, 80% of whose shares are owned by Russian oligarch Arkady Rotenberg, a close friend of Vladimir Putin, lrt.lt writes. […]
Due to the growing financial awareness of the people, alternative money transfer platforms are coming more and more popular. At first, their popularity arose among abroad working people, who send money to their relatives or pay taxes. In recent years, the circle of legal entities using these services has also grown greatly. More and more people are searching for ways, not to overpay for banks and choose to make money transactions, by using money transfer platforms. In Lithuania, such platforms are quite a new innovation, but their initiative and obvious benefits attract bigger and bigger number of users, a press release from TurboTransfers states. […]
Lithuanian farmers will not receive the sort of direct grants from the EU as were promised already in 2013. “This means that the EU will owe us,” Lithuanian President Dalia Grybauskaitė told LRT Radio before departing to negotiations on the EU’s new budget. However, the situation could be even worse. According to the president, if the UK will not depart the EU as planned due to political chaos, the budget, which does not satisfy Lithuania already, will decline even further. […]
On Thursday, the Seimas returns to deliberating on the conclusions of the commission on the LRT’s activities. Legislative amendments were to be presented based on the conclusions, however the amendments were prepared without awaiting the conclusions being approved by parliament or a response from the Constitutional Court (KT). […]
The mists over the future of UK – EU relations currently still lingers. It appears that Theresa May’s cabinet is starting to completely lose control of the situation. According to political experts, the agreement she has obtained has practically no chance of receiving support in the UK’s House of Commons. The European Court of Justice introduced even more uncertainty on Monday, by declaring that the UK can unilaterally cancel the Brexit process, economist Vytenis Šimkus writes on lrt.lt. Currently all the scenarios are plausible, but what could each of them means for the Lithuanian economy? […]
On November 4 – December 3, the Market Research Centre performed a representative national survey commissioned by the Homeland Union – Lithuanian Christian Democrat party. The survey asked the people’s opinions on the current cabinet’s work. The survey showed that the cabinet’s work is viewed well or somewhat well in only one area. […]
Today, Revolut together with the Bank of Lithuania have announced that the challenger bank received a Specialised Banking License, which will allow offering and passporting an even wider range of solutions to customers in Europe. The move of getting a license in mainland Europe has been considered by many a hedge against Brexit. Having received both the Specialised Banking license and Electronic Money Institution facilitated by the Bank of Lithuania, Revolut is now effectively safe from any decision regarding Britain leaving the EU. From 2019, Revolut will start accepting deposits and offering retail and business lending, making it an even bigger rival for traditional banks, a press release from Invest Lithuania states. […]
“Farmer” leader Ramūnas Karbauskis is taking Prime Minister Saulius Skvernelis’ side and is assuring that the latter’s appeal to the intelligence services over potential threats to national security is serious and that he would do the same. However, he does not reveal what names are brought up, only that they are specific. […]
The teachers’ strike is a good thing because it encouraged to take interest in what is going on in this system. And a number of factors emerged. It turns out that Lithuania finances this sector quite well. […]
The new tax reform will come into power from January 1, 2019. This includes changes to the financial expression of wages, albeit in many cases this will only lead to a gross wage increase. Vilnius University Department of Law lecturer, lawyer dr. Vida Petrylaitė notes that the new changes could lead to confusion because the changes are coming into power all at once, lrt.lt writes. […]
Minister of Healthcare Aurelijus Veryga is in breach of the public and private interest separation in state service law requirements to avoid conflicts of interest and with it arising – to recuse himself. […]
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