Lithuania should seek settlement with Poland over the dismantled railway tracks, as peaceful settlement would give an impetus to investments by Poland’s PKN Orlen concern in the utility in Mazeikiai, northern Lithuania, and facilitate the implementation of energy and transport projects, says Tomasz Furman, reviewer for the Polish daily Rzeczpospolita. […]
Increase of Lithuania’s defense budget should be even, says Prime Minister Saulius Skvernelis, adding that other sectors in need of bigger funding should not be forgotten amid discussions about the need to raise it to 2.5 percent of the gross domestic product (GDP). […]
Prominent German engineer and economist Klaus Martin Schwab, the founder of the World Economic Forum in Davos, is visiting Lithuania this week. […]
The Lithuanian government’s proposal to raise the excise duty on tobacco products next year is a result of the efforts to improve public health rather than generate more budget revenue, says Finance Minister Vilius Šapoka. […]
The Lithuanian parliament will Thursday be presented the parliamentary probe into unlawful influence upon politicians, political processes and state institutions, a bid initiated by Vytautas Bakas, chairman of the parliamentary National Security and Defense Committee. […]
Lithuania’s Prime Minister Saulius Skvernelis says that people are more sensitive about inflation than they should be, adding that the price hike would not be steep enough to outdo growing salaries. […]
From the very start it was emphasised that Lithuania’s strategy is to accept vulnerable refugee families with children, but recent research revealed that in fact the most our system is capable of is to integrate […]
Lithuania will grant more money to the State Security Department next year. As compared with this year, the 2018 funding to the department will grow by over 12 million euros, the actual increase is 2.2 million euros, says the department’s spokeswoman. […]
The minimum monthly salary will grow by 20 euros to 400 euros in Lithuania starting next year, under the proposal approved by the government on Wednesday. The move will require 16.2 million euros from the state budget. […]
Lithuania’s government on Wednesday gave the initial backing to the 2018 budget draft, which is for the first time projected to feature a surplus in public finances, Prime Minister Saulius Skvernelis told a news conference.
Petras Barsauskas, rector of the Kaunas University of Technology (KTU), is stepping down amid suspicions of plagiarizing his habilitation thesis. […]
After the European Commission imposed a fine of 28 million euros for Lietuvos Gelezinkeliai (Lithuanian Railways, LG), President Dalia Grybauskaite accused the current government and the state-run company’s executives of passiveness, noting that the country’s main objective to cut financial and reputation damage. […]
Lithuania’s government decided to pay another benefit for asylum beneficiaries, this time for renting accommodation. […]
Regardless of the projected overall budget surplus of the public sector, the 2018 state budget is in deficit, which shows that the country is living beyond its means, says President Dalia Grybauskaite. […]
The 2018 Lithuanian budget envisages higher funding of the State Security Department (VSD), which should grow by over 10 million euros from this year’s level. […]
A court on Wednesday awarded non-pecuniary damages to lawyers who worked in a Ukmerge courthouse polluted by mercury. […]
The revenue of Lithuania’s 2018 state budget, including money from the European Union (EU) and other international organizations, should increase, while the planned budget deficit should be lower than projected for this year. […]
The budget surplus of the Lithuanian state-run social insurer Sodra should be 218.3 million euros next year, which is an increase by 55 percent, or 77.2 million euros, from this year’s projected 141 million euros, according to the Sodra 2018 budget draft to be presented to the government on Wednesday. […]
Lietuvos Gelezinkeliai (Lithuanian Railways, LG), the state-run railway company, will deliver 145 armored vehicles to the country from Germany. […]
The 2018 budget draft will be submitted to the Lithuanian government on Wednesday as the first budget with a projected surplus of public finances. […]
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