Economy
OECD membership will cost Lithuania EUR 2.5-3.5 million a year
Membership in the Organization for Economic Cooperation and Development (OECD) will cost Lithuania 2.5-3.5 million euros a year. […]
Year: 2018
Society
Okinčicas proposes making May 3 holiday in Lithuania as well
Česlavas Okinčicas, a signatory to the March 11 Act of the Restoration of Independence of Lithuania, says he’s proud that Lithuania is slowly starting to mark the May 3 Constitution Day and is suggesting making it a holiday in Lithuania, following Poland’s example. […]
Foreign affairs
Foreign affairs
Lithuanian-Polish parlt assembly could resume work in late 2018 – Mazurek
The Lithuanian-Polish Parliamentary Assembly, which has been effectively non-functioning for nine years now, could hold a meeting in the fall or at the end of the year, Beata Mazurek, deputy marshal of the Sejm, the lower house of the Polish parliament, said in Vilnius on Thursday. […]
Politics
Lithuanian ruling party to look if president’s emails are authentic
The Lithuanian Farmers and Greens Union (LVŽS) will look at whether recently published emails between President Dalia Grybauskaitė and Eligijus Masiulis, a former Liberal Movement leader suspected in a political corruption case, are authentic, with the answers expected to come from the Seimas servers. […]
Economy
Slovakian baked goods leader Ambropek enters Lithuania
Lithuanians seeking healthy baked goods and true butter croissants will soon feel changes in the baked goods market. The Slovakian and Czech market leader, which supplies its goods across Central Europe, is now in Lithuania. Ambropek offers its exceptional quality assortment at the recently opened bakery in Kaunas, Vytautas avenue 47, according to a press release from Nexus Operations. […]
CORPORATE
Lithuania celebrates growing Chinese investment, but does it consider potential risks?
Foreign direct investment from China is on the rise in Europe and Lithuania, the country would also like to invest in a strategic object – Klaipėda port, however behind such investment there may lie the […]
Politics
PM sees no grounds for Seimas commission over president’s emails
Lithuanian Prime Minister Saulius Skvernelis says that he sees no grounds, at least for now, for opening a parliamentary investigation into President Dalia Grybauskaitė‘s email exchanges with Eligijus Masiulis, a former Liberal Movement leader suspected in a political corruption case. […]
Foreign affairs
Presidents vow to strengthen bilateral ties as Lithuania, Poland mark May 3 Constitution
Presidents Dalia Grybauskaitė of Lithuania and Andrzej Duda of Poland on Thursday declared their determination to strengthen bilateral defense, economic, energy and transport relations. […]
Economy
OECD to announce Lithuania’s accession
Representatives of member countries of the Organization for Economic Cooperation and Development (OECD) are expected to announce on Thursday their decision to admit Lithuania into the organization. […]
Politics
PM to name candidate for agriculture minister Monday
Lithuanian Prime Minister Saulius Skvernelis says that he will name his candidate for agriculture minister next Monday. […]
Politics
PM looks at president’s emails from moral rather than legal viewpoint
Lithuanian Prime Minister Saulius Skvernelis says that President Dalia Grybauskaitė‘s email exchanges with Eligijus Masiulis, a former Liberal Movement leader accused of corruption, should be looked at from a moral rather than a legal point of view. […]
Politics
Seimas panel could look at Masiulis’ email exchange with president – chair
The chairwoman of the Lithuanian parliament’s Committee on Legal Affairs (CLA) says that President Dalia Grybauskaitė‘s comments on her email exchanges with Eligijus Masiulis leave many unanswered questions about the contents of these letters. […]
Economy
Proposed cuts to EU regional, agriculture funding ‘not drastic’ – Lithuanian vice-finmin
The European Commission‘s proposed cuts to agricultural and regional development funding in the next budget period are not drastic, but it remains to be seen how they will affect Lithuania’s public finances, Deputy Finance Minister Miglė Tuskienė said on Wednesday. […]
Defence
Energy
Energy minister sees EU’s N-plant funding proposal as basis for talks
Lithuanian Energy Minister Žygimantas Vaičiūnas sees the European Commission‘s proposal to provide EUR 552 million euros for the Ignalina Nuclear Power Plant (INPP) decommissioning in 2021-2027 as a basis for talks and expects that the country will negotiate more funding for the shutdown facility. […]
Energy
Brussels proposes EUR 552 mln for Lithuanian N-plant closure in new EU budget
The European Commission proposes to allocate 552 million euros at current prices in the EU‘s 2021-2027 budget for the decommissioning of Lithuania’s Ignalina Nuclear Power Plant (INPP). […]
Politics
President confirms email exchanges with Masiulis, not authenticity of letters
Lithuanian President Dalia Grybauskaitė does not deny having had email exchanges with Eligijus Masiulis, a former Liberal Movement leader suspected in a political corruption case, but says that she cannot confirm the authenticity of letters published in the media. […]
Politics
Order and Justice Party spent unlawful EUR 346,000 on publicity – law-enforcement
Lithuania’s parliamentary Order and Justice Party is suspected of having spent around 346,000 euros in funds allegedly obtained as bribes or through other illegal means on publicity, law-enforcement officials said on Wednesday after completing their pre-trial investigation. […]
Defence
Lithuania ranks 9th globally in terms of military spending growth
Lithuania came in 9th worldwide in terms of military expenditure growth last year, a Swedish institute said on Wednesday […]