After evaluating Lithuania’s economic situation and the impact of external factors on its economic growth tendencies, the Ministry of Finance has revised main macroeconomic projections for 2015-2017 and prepared projections for 2018. […]
According to preliminary data of Statistics Lithuania, in the fourth quarter of 2014, all types of transport carried 26.6 million tonnes of goods, or by 0.8 percent more than in the fourth quarter of 2013. […]
Following false threat about a bomb placed at Vilnius International Airport received on 19 March, Lithuanian airports have started estimating financial damages they suffered as well as airlines and all companies operating in the airport. The damage claim will be forwarded to the author of the false threat. […]
Social Democratic Deputy Parliament Speaker Gediminas Kirkilas says that the resignation of Andrius Kubilius as chairman of the oppositional conservative Homeland Union-Lithuanian Christian Democrats (TS-LKD) was a sensible step. […]
The Government will not invest in Air Lituanica, an airline owned by the Municipality of Vilnius, but Prime Minister Algirdas Butkevičius says a private investor has taken interest in the company. […]
The newly founded association the Polish-Lithuanian Chamber of Commerce has been officially launched this week. Its goal is to help businesses of the two countries to establish and strengthen business ties, promote cross-border cooperation, trade and investment. […]
Lithuanian President Dalia Grybauskaitė paid a visit to the Training Regiment located in Rukla and said that the infrastructure is of the highest NATO standards. […]
Inadequatetly, only 35-percent manned Lithuanian army is not capable of actually defending the country, says chief presidential advisor on foreign affairs Jovita Neliupšienė. She stressed that this situation is what inspired the decision to restore a conscript army. […]
After the State Defence Council decided that conscription of 19-26-year-olds should be reintroduced for a 5-year period and as the Seimas is preparing to consider the issue, Chief of Defence Major General Jonas Vytautas Žukas says Lithuania has learned five lessons from the conflict in Ukraine. […]
Outgoing Vilnius Mayor Artūras Zuokas, of the Lithuanian Freedom Union (Liberals) (LLS), says that his defeat in Vilnius mayoral election will only push him to venture into national politics. Zuokas says that we will run for presidency in 2019. […]
All traditional political parties suffered lesser or greater losses during the recent municipal and mayoral elections in Lithuania, say political scientists. […]
As preliminary mayoral election results in Vilnius indicate victory for liberal Remigijus Šimašius, professor Tomas Janeliūnas of the International Relations and Political Science Institute of Vilnius University says that the political future for outgoing Mayor Artūras Zuokas will essentially depend on his visibility in the opposition of Vilnius City Council. […]
The Bank of Lithuania forecasts that the domestic demand-driven Lithuanian economy will continue growing, albeit at a slower pace than previously expected. The worse outlook for the Russian economy, determined by persisting geopolitical tensions and falling oil prices, will have an essential influence on this change, the central bank said. […]
During a sitting in Slovakia, foreign ministers and deputy foreign ministers of Nordic, Baltic, and Visegrad Group’s countries expressed their support for the idea of creating the Energy Union. […]
A telephone poll conducted by the company Provident Finansai revealed that the introduction of the euro did not change habits of personal financial management of many Lithuanians with lower income. […]
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