The European Union has allocated €16 million for joint cross-border cooperation projects between Lithuania and Russia, but the money will be available only if Lithuania submits an application to the European Commission by the end […]
Last year 90 people died of drug overdoses in Lithuania. Although Lithuania leads the EU in overdose-related deaths, the country has failed to adopt other countries’ best practices. Lithuania suffers from the highest numbers of […]
Lithuania would not feel the effects of the Kaliningrad liquefied natural gas (LNG) terminal within the next decade because Russia is contractually obligated to pay Lithuania for pipeline access regardless of whether or not the pipeline is used, said Minister of Energy Rokas Masiulis. […]
On Friday, Statistics Lithuania released updated data on alcohol consumption in Lithuania which in 2015 was 14 litres of pure alcohol per person. The figure has been calculated using updated methodology and shows lower alcohol […]
The wireless technology company LigoWave is planning to establish an office in Vilnius Tech Park. LigoWave will become the first hardware company in the Tech park and will have 63 employment positions as well as […]
Passenger numbers in Lithuania’s Palanga Airport have nearly doubled after LOT, Wizz Air and Ryanair launched new flights from the Baltic coast resort. Airports Council International data on airport passenger statistics from April shows that […]
Economist Gitanas Nausėda says that not only Lithuania‘s exports would suffer after Brexit, but so would its real estate and retail markets as a result of Lithuanian expatriates sending less money they make in the […]
Half of all Lithuanians are taking on additional work to supplement income from their main job, according to a survey. Fifty percent of Lithuanians said they had some source of additional income over the last […]
Over the first quarter of this year, labour costs grew by 6.1% compared to the same period last year. Statistics Lithuania reported that labour costs for business companies grew by 7% during the same period. […]
Minister of Energy Rokas Masiulis will present the Lithuanian Confederation of Industrialists with the country’s energy strategy. The industrial organisation has previously complained that the strategy’s approval is being delayed and that it is not […]
First quarter’s foreign trade of Lithuanian businesses has been equal to 40% of last year‘s volumes, shows the latest analysis by the Confederation of Industrialists, the country’s biggest business association. Analysts point out several trends […]
Lithuanian Banking Association says that people in the country are borrowing far more actively this year than in 2015. Lithuanians are also more using bank cards more actively, even though cash remains the most popular […]
The so-called black Thursday on May 12, when law enforcement officers carried out searches at the home of the former leader of the Liberal Movement Eligijus Masiulis and allegedly found €106,000 in bribe money, changed […]
During its Saturday convention, the Liberal Movement party elected Vilnius Mayor Remigijus Šimašius as it permanent chairman. Eugenijus Gentvilas, Vitalijus Gailius and Sergej Zverev also ran for the position. Gentvilas became the first deputy chairman […]
Minsk is prepared to answer any outstanding questions about the Astravyets nuclear power plant during a consultation on June 21 and 22 in Vilnius, according to a representative of the Belarus Ministry of Foreign Affairs. […]
The Most Desirable Employer 2016 contest has announced its winners, crowning two IT companies from the same business group. The contest, organised by Verslo Žinios, awarded the honour to Baltnetos Komunikacijos in the small enterprise […]
Officers of the Environment Ministry’s Alytus Region Environmental Protection Department have collected water samples from the Nemunas river by the border with Belarus after an incident was reported Grodno Azot nitrogen factory in Belarus. For […]
A Lithuanian company has developed a digital house rent platform, saying it will help cut the costs of such transactions. “If the two parties sign a contract that involves a real estate agency, the total […]
Ukraine is interested in Lithuania‘s experience in efficient use of natural resources, development of waste management system, development of solar energy and would like to work more closely with Lithuania, said Environment Minister Kęstutis Trečiokas […]
A senior US Defense Department official said on Tuesday that while Russia could break NATO defences in the Baltics in 60 hours or less, it will become much more difficult after 2017. US Deputy Assistant […]
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