Economy
Articles by ELTA EN
Uncategorized
Baltic Assembly discusses developing regional tourism
A joint meeting entitled Building a Baltic Tourism Region – Investment for Tomorrow was held by the Economics, Energy and Innovation Committee, the Education, Science and Culture Committee, and the Welfare Committee of the Baltic Assembly in Jurbarkas, Lithuania. Keynote speakers of the meeting focused on the long-term Baltic tourism strategy, the press service of the Lithuanian parliament said. […]
Uncategorized
Foreign affairs
Economy
Economic stumble did not halt growth of wages, economist says
Nerijus Mačiulis, chief economist at Swedbank Lithuania, says that although Lithuania’s economy contracted by 0.6 percent in the first quarter of this year, such an economic stumble nevertheless did not halt job creation or growth of wages: the number of employed people rose by 1.7 percent in a year, while an annual growth of average wages stood at 4.3 percent. […]
Uncategorized
Estonians have no regard for business ethics, survey suggests
A fresh study by Ernst & Young on corruption and fraud risk shows that only 23 percent of Estonia‘s managers and employees think that the principles of business ethics in their company are good, and one-fifth of respondents believe that corruption is widespread in Estonia, Aripaev Online reports. […]
Defence
Eighty percent of volunteers fit for military service
Minister of National Defence Juozas Olekas announced that 1,561 volunteers have signed up for service in the Lithuanian army by Monday morning, 25 May, and that the health commission examined the 500 of them. […]
Economy
Vilnius to scrap municipal taxi company
Vilnius Mayor Remigijus Šimašius says that the municipality will comply with the decision of the Competition Council and exit taxi business, divesting itself of the taxi company Vilnius Veža created by the previous mayor. It is yet unclear what procedure will be applied to the company. […]
Uncategorized
Duma speaker says Russia wants “normal relations” with Baltic states
Featured last night on the LTV1 news magazine De facto was Russian State Duma Speaker Sergei Naryshkin, who said that Russia wanted “normal relations with the Baltic States, and to revive the dialogue”. […]
Politics
Education minister candidate rejects post
Edmundas Vaitekūnas, the chairman of the Lithuanian Radio and Television Commission (LRTK), who was delegated by the Labour Party to assume the post of the education and science minister, has refused to stand as a candidate, Lithuanian Prime Minister Algirdas Butkevičius confirmed on Monday. The PM says that a new candidate has already been nominated. […]
Economy
Vilnius to spend money to attract airlines
Vilnius Mayor Remigijus Šimašius says the Lithuanian capital in essence remains without roundtrip flights after airline Air Lituanica terminated its operations. A special flight promotion fund should be created in order to attract new air carriers to Vilnius. […]
Foreign affairs
Lithuanian politicians congratulate Andrzej Duda on victory in Poland
Lithuanian politicians have congratulated Andrzej Duda, who has claimed victory in Sunday’s run-offs of the Polish presidential election, and expect for improvement in Lithuanian-Polish relations. […]
European Union
Politics
Lithuanian transport minister not to resign after aircraft disaster
Minister of Transport and Communications Rimantas Sinkevičius has not rejected the possibility of resigning after the aircraft An-2 disaster. However, at first the minister said he would like to know more details and offered to wait for the causes of the disaster to be clarified. […]
Society
European Union
UK’s Cameron to start talks on EU treaty change in Riga
British Prime Minister David Cameron will start face-to-face discussions at the Eastern Partnership summit in Riga on Friday with European partners on renegotiating Britain’s position in the European Union (EU) ahead of an in-out referendum by 2017. […]
Politics
Lithuanian defence minister apologises for poorly coordinated aircraft search operation
Lithuanian Minister of National Defence Juozas Olekas has apologised to families of the missing An-2 pilots for poorly coordinated search and rescue operation. […]
European Union
Europe remains open to Eastern partners, President Grybauskaitė says
Lithuanian President Dalia Grybauskaitė says that at the European Union‘s (EU) Eastern Partnership Summit the EU will once again assure its commitment to cooperate with countries of Eastern Europe. However, the extent of cooperation will depend on the resolve of each country. […]
Society
Lithuania’s prosecutors to launch investigation into airplane search operation
Lithuania’s Minister of National Defence Juozas Olekas turned to the Prosecutor General‘s Office asking to launch a pre-trial investigation into how the search and rescue operation of the aircraft An-2 and its crew was carried out. […]
Economy
Lithuanian parliament reinforces tourist protection
The Seimas of Lithuania has adopted amendments to the Law on Tourism to reinforce consumer (tourist) protection and monitoring of tourism service providers, the press service of the Lithuania parliament said. […]