Although the electricity production in the Baltic States grew by one third in January, the electricity prices in Lithuania, Latvia and Estonia also increased and reached the threshold of 55 euros per megawatt hour. […]
Šarūnas Marčiulionis, one of the Lithuanian basketball legends, is to run for a seat in the European Parliament with Lithuanian Farmers and Greens Union (LVZS), the party announced last week. […]
Do you feel that the world does not know enough about Lithuania? Do you feel that Lithuania has a lot to offer to the world but it is not heard? Guess what, you are not alone, and the Lithuania Tribune team feels that way as well. Hence, together we can do something real about it! […]
BC Kaunas Žalgiris will do everything to end one more losing streak in Euroleague when they face Podgorica Budočnost at home. Even though Žalgiris will face Budočnost without one of the key players Nate Wolters, their opponents have a lot more problems. […]
The Lithuanian non-bank financial sector is showing maturity: the consumer credit market survey of 2018 Q4 shows that Lithuanians borrow less, but more significant amounts and more responsibly. The representatives of the financial sector observe that the declining number of borrowers also shows decreasing access to consumer credit for lower-income clients. […]
Last year, the rate of enterprise failure decreased by fivefold and credit ratings of companies remained fairly stable, however, businesses cut down short-term borrowings by 14 per cent and long-term – by 13 per cent. It seems that businesses are unsure about the future; meanwhile, the fundamental indicators show no reasons for worrying – the specialists of Creditinfo credit bureau arrived to this conclusion upon the analysis of the data from over 50 thousand enterprises operating in Lithuania and information on the initiated bankruptcy proceedings. […]
The Lithuanian Parliament (the Seimas) intends to oblige companies employing the disabled to allocate the significant part of their profits (as much as 75%) for the integration of the disabled. Representatives of the Association of Social Enterprises (the Association) state that reintegration is already underway, the proposal itself is not based on any calculations, and regulations on where and how companies should use the money they earn raise more questions than answers. […]
Politics is the new black, regardless of which one you choose, fictional or real. Just as many passions were stoked by the last season of House of Cards as were by Trump’s twitter account. […]
Residents of Vilnius and sports community of the country can mark today as a day to remember – the Council of Vilnius gave the green light to the concession agreement of the multifunctional complex in Šeškinė, and there are no more obstacles to signing it. Having signed the agreement, starting works of construction of the National Stadium and another 15 sports objects on Šeškinė hills will be possible in the nearest future. […]
The furniture designers who design products for the markets of Western countries note that customer needs differ considerably: Lithuanian residents choose completely different soft furniture than, for example, Germans. The trend both in Western Europe and in Lithuania is clear: not a single, even the most minimalist, apartment can do without a sofa, which has become a real standard of a multifunctional item of furniture and got painted in bright colours. […]
On the top floor of a premium shopping center GO9 more than 2,000 square meters co-working space UMA GO9 will be opened this summer. Nordic aesthetics and functionality will be equipped with 230 different workstations: 36 private offices fitting 1 to 12 people teams, over 70 open-type workstations in a co-working open space, 6 modern meeting rooms, a common space with a coffee area and outdoor terraces for relaxation. […]
“Foreign politicians accuse Russia of meddling in elections and referendums around the world. In reality, everything is more serious. Russia is meddling with people’s minds and those same people do not know what to do with their altered consciousness”, – writes the creator of Putinism ideology and the term “sovereign democracy”, Vladislav Surkov. […]
The Bank of Lithuania will provide assistance to the Swedish and Estonian financial supervisory authorities in the investigation of recent information regarding alleged money laundering transactions linked with the Swedbank group. […]
Having assessed the accomplished investigation and additional information, the Radio and Television Commission of Lithuania (hereinafter – the RTCL) decided not to apply sanctions on UAB All Media Lithuania regarding the information disseminated in the TV series “The Simpsons”. […]
There is still a lot of unanswered questions about Brexit situation after 29 March 2019. This is the official date of UK withdrawal from the European Union. While there is little time left, there is no clarity about the conditions. Emigrants and Lithuanians who have already came back to Lithuania have a lot of questions about tax refunds. […]
According to specialists, Lithuania has now become a country that boldly introduces innovations to its engineering industry’s market that are not yet available to manufacturers in neighbouring countries. The country’s most famous innovators have also been developing technologies in various fields from medicine to transport. […]
The conservatives are burning candles, voters are putting unremoved waste on social networks, they are angry at the incessant traffic jams and the local press reports on bribing their voters before the municipal elections. But these are mere ripples on the surface because the truth is there are far more serious strategic issues at hand in the municipal elections. […]
Lithuania’s Finance Minister Vilius Šapoka called on the eurozone and the European Union to establish a single anti-money laundering system after a money laundering scandal hit the Swedish banking group Swedbank on February 20. […]
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