Economy

Lithuania plans to raise retirement age

The Lithuanian Parliament has begun considering legislative amendments that would peg retirement to average life expectancy. It has been proposed that two years after the average projected life expectancy of people aged 65 years grows by six months, the retirement age would be raised by six months as well. […]

Dalia Grybauskaitė
European Union

Lithuanian president rails against economic migrants prior to European Council meeting

Lithuanian President Dalia Grybauskaitė, who is attending a European Council meeting to discuss the refugee crisis, says that economic migrants should be separated from genuine war-fleeing refugees and the latter are not supposed to be picky which safe country to go to. […]

"Rail Baltica"
Economy

First stage of Rail Baltica completed

Lithuania’s Kauno Tiltai AB, the largest transportation infrastructure company in the Baltics, and Mitnija UAB, the largest construction company in Lithuania, have finished laying, remodelling and upgrading the first European gauge railway from Šeštokai town to Marijampolė town (Lithuania), Mitnija said in a press release. […]

Klaipėda LNG terminal
Energy

Gas consumption falls below minimum needed to sustain Lithuania’s LNG terminal

As natural gas consumption has dropped drastically in the energy sector, the minimum quantity of natural gas required for the operation of the Liquefied Natural Gas (LNG) Terminal will twice surpass the projected demand by energy producers. The designated supplier, company Litgas, forecasts that due to such changes in the market the average gas purchase price for energy producers may rise by approximately 50 percent. This shows that the existing designated supply model is no longer sustainable. […]

NATO
Defence

Lithuanian officer injured in helicopter crash in Afghanistan to be transported to Germany

A Lithuanian officer who was injured in a helicopter crash in Afghanistan is expected to be transported to The Landstuhl Regional Medical Centre in Ramstein, Germany, on Wednesday. The Joint Staff of the Lithuanian Armed Forces learned about this from Bahram military hospital were the officer is being treated. […]

Rasa Juknevičienė
Politics

Lithuania’s Juknevičienė elected main rapporteur of Political Committee of NATO Parliamentary Assembly

MP Rasa Juknevičienė from the Homeland Union – Lithuanian Christian Democrats (TS-LKD) parliamentary group of the Lithuanian parliament has been elected as the main rapporteur of the Political Committee of NATO Parliamentary Assembly, which is taking place in Stavanger, Norway. […]