Energy

Lithuanian energy minister accuses Vilniaus Energija of manipulations

Energy company Vilniaus Energija has claimed that heating prices in Vilnius will soar due to obligations to purchase liquefied natural gas (LNG) from Klaipėda’s terminal. The Ministry of Energy has responded to such claims by saying that in October the company itself decided to purchase from the LNG terminal significantly more gas than planned previously. Energy Minister Rokas Masiulis has stated that Vilniaus Energija is manipulating prices of acquired fuel. […]

Rasa Juknevičienė
Politics

Lithuanian MP proposes to limit mayoral terms

Conservative MP Rasa Juknevičienė has proposed amendments to the Law on Local Self-Government which would limit the number of consecutive mayoral terms of office so that the same person, a member of a local council, could not be elected mayor more than two or three times in a row. […]

Rimantas Šadžius
European Union

Lithuania finalizes legislation to join banking union

The Lithuanian Parliament has adopted the final amendments satisfying legal conditions that will ensure Lithuania’s full-fledged participation in the banking union. […]

European Union

Eurogroup agrees Lithuanian draft budget not as risky as EC believes

The Eurogroup, which has discussed the European Commission‘s (EC) recent assessments of 2016 Draft Budgetary Plans (DPBs) of the Eurozone member-states, expressed doubts about the EC assessment of the Lithuanian economic cycle […]

Linas Pernavas
Society

Lithuanian police chief defends decision to hand out Kalashnikov rifles to officers

A pre-trial investigation into the actions of police officers and handling of service weapons was launched after Thursday’s incident when a fugitive fled from a police vehicle with an officer’s automatic rifle. The investigation has been transferred to Vilnius Regional Prosecutor’s Office. […]