Paystra, a fintech company founded and financed by Icelandic payments experts, providing payment services, is establishing its headquarters in Vilnius, Lithuania, and plans to build a team of 30 professionals over the next two years. The company, led by two payment market veterans, will develop and deploy state-of-the-art electronic payment solutions for European merchants, a press release from Invest Lithuania states. […]
It has been proposed that lesser punishments such as house arrest or community service would be set for minor penalties. According to Minister of Justice Elvinas Jankevičius, this would not only reduce the likelihood of repeat offences, but would also save taxpayer money, lrt.lt writes. […]
The Latvian defense ministry proposes developing a comprehensive national defense system that would encompass not only the Baltic country’s defense sector and government institutions but also the private sector, nongovernmental organizations and individual residents, the ministry’s representatives informed Tuesday. […]
A historic event has finally happened. The Istanbul-based Patriarch of Constantinople, who is the first among equals in the entire Orthodox world, signed a Tomos on Sunday, which granted autocephaly. In other terms, he declared it independent, just as free as the Ukrainian state. The Moscow patriarch, an ideological tendril of the Russian world, controlled from the Kremlin, is furious over it. […]
The Lithuanian Army established on Tuesday its new Communications and Information Systems battalion amid developing new forms of security threats. […]
Lithuanian state-owned enterprise Lietuvos Energijos Gamyba, a part of Lietuvos Energija Group, has started preparations for 1 megawatt energy storage system installation in Kaunas Algirdas Brazauskas hydropower plant. Operating in synergy with the plant, the new storage system would become the first and the biggest innovation of this kind in the Baltic States, a press release from the group states. […]
Lithuania considers tightening Polish pork imports in response to the neighboring country’s recent ban on pork and pig imports from Lithuania, the country’s Agriculture Minister Giedrius Surplys said on Friday. […]
Can the EU strengthen its relationships with its Eastern Partnership countries and encourage them to drift toward the West if it hasn’t established a unified and most importantly – firm – policy regarding Russia? It […]
“I hope that things will not be all bad in Lithuania, that we will avoid various collapses, violent actions, against the opposition for example. We are constantly beset by various scandals involving the government, the cabinet. While performing investigations on prior cabinets, it is time to prepare for investigations on this cabinet’s work and mistakes, which may or may not be malicious. There are things to investigate,” professor Vytautas Landsbergis says. On the starting year and what to expect in both domestic and foreign policy, a discussion on Delfi’s Dėmesio Centre with politician Vytautas Landsbergis. […]
With a third more civic electoral committees aiming to participate in the municipal elections than during the last, Seimas Speaker Viktoras Pranckietis has stated that the conditions for establishing and operating parties should be simplified or made alike those of the committees. Political scientists believe otherwise – that committee founding and operation conditions should be made more akin to parties, whose accountability to voters is greater, lrt.lt writes. […]
The Special Investigation Service (STT) has initiated a pre-trial investigation on suspect large-scale property damage and potentially criminal acts of the company’s former heads, a Ministry of Transport and Communications press release states according to lrt.lt. […]
Prices of main food products in five largest Lithuania’s retail chains will be regularly announced on an official website in order to give shoppers better understanding about general price level, Lithuania’s Ministry of Agriculture announced on Wednesday. […]
The Radio and Television Commission of Lithuania (LRTK), the country’s broadcasting regulatory body, initiated law amendments aimed at immediate cancelling of TV programs if they pose threat to national security, local media reported Wednesday. […]
The Lithuanian Social Democratic Labour Party could back the presidential bid of Prime Minister Saulius Skvernelis if he chose to run for president, however the party is also considering the candidacies of Minister of Foreign Affairs Linas Linkevičius and former Prime Minister Algirdas Butkevičius, LSDDP member Juozas Bernatonis told lrt.lt. A. Butkevičius himself assures he is only considering participating in the European Parliament elections. […]
President Dalia Grybauskaitė is refusing to enter a war of words with Seimas Speaker Viktoras Pranckietis, who responded to the president’s New Year’s address, which called to prevent illiteracy and populism to take hold, with criticism. […]
With January arriving, pensioners will see an increase to their pensions. Some of them will have their pensions delivered not by Lithuanian Post staff, but new pension carriers. Changes also await those enrolled in pension funds. All those enrolled will be making payments from their wage, while those unwilling to participate in the pension accumulation system will have the right to opt out within half a year, lrt.lt writes. […]
President Dalia Grybauskaitė delivered her annual New Year’s Address. According to the head of state, an extraordinary, historic year has ended and challenges both within the country and on the international arena await in 2019, lrt.lt writes. […]
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