Economy
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Economy
Politics
Lithuanian parliament speaker backs referendum on dual citizenship
Parliament Speaker Loreta Graužinienė has said she supports the initiative to hold a referendum on dual citizenship. […]
Uncategorized
Outdated environmental impact study stalls Rail Baltica in Poland
The Rail Baltica project became suspended for years in Poland, when it emerged that the environmental impact study of the border section between the Polish town Bialystok and the Lithuanian border is outdated, and a new survey has to be conducted; it does not affect the project’s development in the Baltic countries, Postimees Online reports. […]
Society
Lithuania’s ex-president Valdas Adamkus undergoes surgery
Former president of Lithuania Valdas Adamkus has undergone endoscopic examination of the bladder and a removal of the right kidney and ureter. The surgery was carried out on Thursday at Vilnius University Hospital Santariškės Clinics. […]
Politics
Lithuanian parliament committee says EC’s refugee quotas would undermine integration capabilities
The Lithuanian Seimas Committee on Foreign Affairs has stated that solidarity to distribute refugees among European Union (EU) member states should be understood as a voluntary contribution based on a country’s capabilities. […]
Uncategorized
Politics
Lithuanian parliament endorses government report
The Seimas of Lithuania has positively evaluated the Government‘s activity report. The report was presented on Tuesday and mentioned successes like major projects, wage increase, reduction of gas and heating prices. […]
Foreign affairs
Lithuania expects invitation to begin OECD accession talks Wednesday
On Wednesday Lithuania’s Prime Minister Algirdas Butkevičius is leaving for a formal visit to Paris, were he will participate in a high-level Ministerial Council Meeting of the Organisation for Economic Co-operation and Development (OECD). […]
Politics
Lithuania’s new education minister sworn in
On Tuesday, the new Education and Science Minister Audronė Pitrėnienė was sworn in at the Seimas of Lithuania. […]
Economy
IMF calls Lithuania’s economic comeback impressive
On 28 May, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Lithuania. It considered and endorsed the staff appraisal without a meeting, the organisation reports. […]
Society
1 in 3 Lithuanians receive pensions
In 2014 the number of recipients of old-age pensions paid by the State Social Insurance Fund (Sodra) decreased by a thousand to 599,600. By the end of 2014, as much as 923,200 people received at least one type of pension, i.e., one in three Lithuanians. […]
Economy
Bank of Lithuania: Weight of export in GDP is increasing
The importance of exports in services for Lithuanian trade has been growing in recent years, and with the growth of the need for analytical information on this sector, the Bank of Lithuania updated the published country’s balance of payments statistical data and from now on it will publish information in accordance with the countries that are Lithuania’s key partners in the service trade, the central bank said in a statement. […]
Economy
Fewer banks project housing price increases in Lithuania
The expectations of commercial banks about real estate prices have changed essentially over a year – there have remained almost no banks projecting housing price increases, while last spring such banks represented more than a half, said the Bank of Lithuania. […]
Economy
Half of Lithuanian households would struggle to cover unplanned expenses
Although more than half of Lithuanians believe their knowledge of personal finance planning is “good” and a third think that it is at least “average”, as many as 45 percent of those surveyed would have difficulties to pay for unexpected expenses of up to EUR 300. […]
Politics
Majauskas to head conservative party in Vilnius
Member of Vilnius City Municipality Council Mykolas Majauskas was elected Chairman of the Conference of Vilnius chapters of the Homeland Union – Lithuanian Christian Democrats (TS-LKD). He received 56 percent of the vote on Thursday. […]
Uncategorized
President Grybauskaitė: Cooperation between Lithuania, Poland and Ukraine strengthens regional security
President Dalia Grybauskaitė met with Marshal of the Polish Senate Bogdan Borusewicz, Chairman of Ukraine‘s Verkhovna Rada Volodymyr Groysman, and Speaker of the Lithuanian Seimas Loreta Graužinienė, who are participating in the sixth session of the Interparliamentary Assembly of Lithuania, Poland and Ukraine. The meeting focused on the security situation in the region, the situation in Ukraine, and enhanced interparliamentary cooperation between the three countries, said the presidential press service. […]
Politics
Lithuanian government to consider new social model in June
Prime Minister Algirdas Butkevičius intends to submit to the Lithuanian parliament amended laws on labour relations and social security as soon as possible. Therefore the Government will discuss the new social model for the last time on 8 June. […]
Economy
Business tendencies in Lithuania’s industrial sector worsen
Statistics Lithuania has carried out a business tendency survey. The survey of directors of companies has revealed that a less optimistic industrial production forecast in May negatively affected industrial business tendencies. […]
Politics
Lithuanian financial crimes agency chief stays in post
After an official inquiry, Lithuania’s Interior Ministry has decided that Kęstutis Jucevičius, the head of the Financial Crime Investigation Service (FNTT), may stay in his post and have access to classified information. […]