In 60 municipalities Lithuanians will elect 1,524 councillors, including 60 mayors, in the upcoming municipal elections on 1 March 2015, says Chairman of the Central Electoral Commission (VRK) Zenonas Vaigauskas. […]
The European Union and national legislation obliges to establish liability for corruption in the private sector. Meanwhile, Lithuania does not have a definition of what corruption in the private sector is, says Dr Petras Ragauskas, chief research staff member of the Institute of Law. […]
On 10-12 December, Chief of Staff of the Danish Army Major General Hans Christian Mathiesen will be paying a visit to Lithuania. […]
Specialists from law firm Tark Grunte Sutkiene (TGS) and audit company Deloitte will work in Bank Snoras bankruptcy administrator Gintaras Adomonis’ team during the takeover procedure of the administration of the bank. Meanwhile, British law firm Linklaters LLP and Swiss Nater Dallafior Rechtsanwalte AG will be assisting the administrator in international processes. […]
If, hypothetically, Russia imposed a gas embargo on Lithuania and the country would have to look for alternatives at a 50-to-100-percent surcharge, then in the first year of such an embargo Lithuania’s economy would lose LTL 1.6-1.9 billion (EUR 467-550 million), which is about what the country has invested in the pipeline connections with Poland and the LNG terminal. […]
More than 20 businesspeople and representatives of business organisations are taking part in the high level Ukraine-Lithuania business mission to Brussels on 9-11 December, organised by the Lithuanian Confederation of Industrialists (LPK), the confederation said in a report. […]
On Thursday, the Lithuanian Seimas (parliament) will repeat its vote on the 2015 budget bill, Seimas Speaker Loreta Graužinienė said on Tuesday. […]
Vytenis Povilas Andriukaitis, European Commissioner for Health and Food Safety delegated by Lithuania, assured the Government that issues relating to the Russian embargo will be solved on the level of the World Trade Organisation (WTO). […]
Egypt has confirmed to the Lithuanian State Food and Veterinary Service that Lithuanian beef meets the requirements and therefore may be exported to Egypt. […]
The Special Investigation Service (STT) has launched a pre-trial investigation into possible abuse of office or misuse of powers by former deputy minister of health Gediminas Černiauskas and Prime Minister Algirdas Butkevičius. […]
Leader of the Seimas Opposition Andrius Kubilius urges Parliament Speaker Loreta Graužinienė to stop the procedure of signing the law on the budget until the Opposition’s statement is examined by the Seimas Commission for Ethics and Procedures. […]
Current average annual inflation in Lithuania is at its lowest since 2010, according to financial experts, a situation that is particularly favourable to the currency changeover. […]
The EU response to Russia‘s actions in Ukraine is a correct decision, Germany‘s Chancellor Angela Merkel said in an interview published in Welt am Sonntag on 7 December. […]
Average monthly pre-tax earnings in the third quarter of this year grew in companies, institutions and organisations in all counties of Lithuania, Statistics Lithuania reports. […]
According to the data of Linava (Lithuanian National Road Carriers’ Association), 28 percent fewer TIR carnets were issued to international carriers in November 2014, compared with November 2013. […]
European Commission Vice-President of the Digital Single Market Andrus Ansip said on Friday at a conference in Tallinn that Estonia and Finland have to move forward fast with the LNG terminal project, because there is prevailing investment drought in Europe and no one is going to wait until Estonia and Finland finish deliberating different solutions, Aripaev Online reports. […]
The average electricity price in Nord Pool Spot power market Lithuanian trading zone was LTL 0.182 (EUR 0.053) per kilowatt hour on 24-30 November. Although electricity price increased in the last week of November, yet the average monthly price was the lowest since May. […]
The analysis of the advertising market conducted by market research company TNS LT revealed that in January-October 2014 the total advertising volume in Lithuania increased 5.5 percent, compared with the same period of 2013. This year the volume of outdoor advertising increased most, whereas radio, indoor and TV advertising grew slightly less. […]
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