Small and medium-sized enterprises (SMEs) create three out of four jobs in Lithuania and that is 10 % higher than the EU average. SMEs are economic growth drivers in Lithuania as stated in the “Small Business Act” for Europe report published by the European Commission. This is the latest EU study aimed at assessing measures for improving environment for small and medium-sized business. […]
The ruling Lithuanian Farmers and Greens Union Seimas group has called upon Minister of Social Security and Labour Linas Kukuraitis to explain, what children’s rights protection project the cabinet is preparing, lrt.lt writes. […]
123 million euro, a sum reported by the lrt.lt news portal previously, is to be earmarked for the optimisation of the higher education network. However, it would appear that the distribution of funding is causing increasingly much confusion – some universities do not understand, how the funding was assigned, while education experts already mused earlier, whether higher education institutions would receive funding even if they hadn’t performed mergers. […]
As teachers’ strike in Lithuania enters into the third week, the government is planning to hold the Minister of Education and Science accountable. […]
The 16h International Christmas Charity Bazaar in Vilnius Town Hall (Vilniaus rotušė) will this year take place on Saturday, 1 December from 12 to 18H. The Charity Bazaar is organised by the International Women’s Association of Vilnius (IWAV) and will benefit 8 charitable causes all across Lithuania. There will be something wonderful for everybody’s taste and budget at this year’s bazaar. […]
Vilnius University Institute of International Relations and Political Science (VU TSPMI) political scientist Mažvydas Jastramskis has analysed trends in Seimas elections and noted that Lithuanian voters are particularly conscious of the “second choice”, thus politicians should remain aware of which parties appear in the so-called centre, lrt.lt writes. […]
On Wednesday, the cabinet approved the Ministry of Interior’s proposal to form a list of the most demanded professions. It includes 40 professions the public sector is lacking. It has been decided that specialists on the list will be granted simplified employment conditions. Furthermore, they will be granted double the wages of professions not on the list. Solely forming this list will not solve the lack of staff in the country, the chairwoman of the Lithuanian Trade Union Confederation (LPSK) says. […]
With tensions spiking regarding children being taken from their families and ever new accusations flying at various services, the State Child Rights Protection and Adoption Service (VTAT) is rushing to ensure its staff’s security – two public procurements for video and audio recording equipment, as well as emergency buttons, were initiated. […]
Lithuania is the only of the Baltic States where average wages do not reach a thousand euro, lrt.lt writes. […]
On 27 November 2018, winners of the World Summit Awards under the auspices of the United Nations were announced (www.worldsummitawards.org) – Top 5 content solutions in each of 8 WSA categories. This year, even two Lithuanian projects were ranked among Top 40 digital innovations: Pulse Tip (Pulsetip) was declared the winner in the business and commerce category, and Computers for Children (Computer Support Foundation) – in the teaching and education category. […]
With solutions based on distributed ledge technology and blockchain rapidly gaining popularity, the demand for technologically reliable and legal means to organise property and other securities circulation when using these technologies appears. […]
Russian Alliance leader Irina Rozova’s business trips are planned with the aid of the Russian embassy, meanwhile Russian Alliance members find out that they are registered in such a party from journalists, lrt.lt writes. […]
There is too great a concentration of Swedish banks in Lithuania, thus one of them should be sold. This was a statement by Seimas Budget and Finance Committee chairman Stasys Jakeliūnas on Wednesday. SEB bank and Swedbank – these are namely two Swedish capital banks operating in Lithuania and other Baltic states and if they didn’t flinch, they must have at least been listening carefully, this was a statement by a politician from the ruling coalition. […]
In the very near future the passengers of Vilnius Airport will have more options while spending their free time before departure. New-concept “Charlie Pizza” pizzerias will open in the extended commercial area of the air gateways of the capital at the beginning of next year. After their opening, 11 catering outlets offering different varieties of food will be operating at the airport, a Lithuanian Airports press release states. […]
Vilnius, which is titled one of the most magical Christmas cities in Europe, introduced a 5-week winter holiday programme, as impressive and full of miracles and surprises as always. So what magic can residents and guests of the city expect this year in the Christmas capital? […]
Through the Southwestern Advantage program 46 Lithuanian students spent their summer in the US practicing their marketing and entrepreneurial skills and selling educational books. The best seller turned out to be a Lithuanian student who in only three months made a personal profit of 25 000 dollars. […]
Baltic Paganism, surviving in Europe up until the very late Medieval times, gave rise not only to hostility among the Christians, but also to a certain curiosity. As the Franciscan Bartholomew the Englishman described in his encyclopaedic treatise written in the mid-18th century, Baltic Paganism was regarded by Christians as a ritus mirabilis. […]
Ingrida Šimonytė and Gitanas Nausėda have decided to participate in the presidential elections. They are in neither the left, nor the right shelf, more uniting than divisive candidates and perhaps they are what Lithuania needs today, Lithuanian Act of Independence signatory Albinas Januška told lrt.lt. Furthermore, G. Nausėda would apparently be the main barrier to Prime Minister Saulius Skvernelis entering the second round of the presidential elections, if the PM did choose to candidate, lrt.lt writes. […]
Even though all Lithuanian real estate market segments showed growing numbers, DIY (Do It Yourself) shopping centers were especially successful. The main reason for the significant changes in this market segment was the arrival of a new market player and the established players’ reaction to the newcomer’s moves. Active DIY development also signifies the developers’ trust in the country’s economic situation, as well as the likelihood of international DIY giants paying attention to the Lithuanian market. […]
The Bank of Lithuania issued on Wednesday an e-money license to Chinese controlled payment company Paytend Europe amid the country’s efforts to become a payment gateway between China and the European Union. […]
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