The majority of highly qualified workers that use the blue card system come to Lithuania to work from Russia, Belarus and Ukraine, according to lawyer Andrejus Mokšinas. Mokšinas, who was speaking at the LOGIN 2016 […]
More than a quarter of Lithuania’s economy still exists on the black market, according to the Lithuanian Free Market Institute‘s research into the country’s shadow market. The research found that Lithuania’s black market was found […]
The landing of F-22 US Raptor fighters in Lithuania last week sent a strong signal of deterrence, said Captain Michael Probasco, the US 95th Fighter Squadron pilot on LRT. “The very fact that we brought […]
The Lithuanian government is giving out €18 million to dairy farmers who say low prices have dealt a lethal blow to small farms. About 1,500 farmers will distribute the subsidy, about €80 per cow. Members […]
Lithuania’s information technology sector is frequently discussed as a growing part of the economy, attracting foreign investment, bringing the benefits of job creation and increased taxes for the state. However, director of IT solutions company […]
The Lithuanian Peasant and Greens Union led by entrepreneur Ramūnas Karbauskis has announced some of their leading candidates for single-member constituencies. Public opinion and market research company‘s Vilmorus polling data from April shows that 11.1% […]
The possibility that Donald Trump could win the US presidential election is growing after essentially securing the Republican Party nomination yesterday, said former US Ambassador Žygimantas Pavilionis on Žinių radijas and that can have big […]
Russia needs to be given a clear message that interfering in NATO member states in any way is not acceptable, said German Defence Minister Ursula von der Leyen. “Russia needs to get a clear message […]
The Lithuanian company Vertex, which offers SMS marketing solutions, has secured a contract from the American money transfer giant Western Union. Vertex will be conducting marketing for the American company via text messages starting this […]
A number of Lithuanian entrepreneurs are pushing for Lithuania to adopt Estonia‘s approach to taxation to stop a flight of companies from the country to its Baltic neighbour. “Income tax administration in Lithuania both for […]
Lithuania’s economy will grow, but at a slower pace than predicted, according to European Commission forecasts with GDP growing by 3.1% in 2017 instead of the 3.4% previously predicted. However, the Commission said Lithaunia‘s economy […]
After an unusually cool spring this year, Lithuanian farmers say that harvests will be late. Potato farmer Edas Sasnauskas tells LRT Radio that bad weather delayed works in the fields by at least two weeks. […]
Lithuania’s Labour party are proposing to cut VAT on basic food products from 21% to 5% under new proposals. “We propose to reduce VAT from 21% to 5% to food products: bread, fresh meat, fish, […]
Lithuanians living in Britain say that many expats simply do not believe that the Britain will decide to leave the EU, but there would be less fear of a Brexit if there were more precise […]
After acquiring retail banking businesses in Lithuania and Latvia from the Danish Danske Bank, the Swedish Swedbank is looking for more acquisitions in these countries. “We are ready to buy the portfolios of other banks […]
Despite the Lithuanian economy growing for six consecutive years, the gap between regions in the country is not decreasing, according to the Swedbank Finance Institute’s annual comparative analysis of municipalities. “Along with economic exclusion, social […]
Military aggression against the Baltic countries is not among the future moves to be expected from the Kremlin, said independent Russian political scientist Kirill Martynov during a meeting in Vilnius. Political scientist, philosopher and Novaya […]
The Lithuanian air force is to conduct an exercise simulating protecting the Ignalina nuclear plant and handling emergency situations during peacetime. During the exercise, Air Force troops will be simulating protecting the Ignalina nuclear power […]
Two of Europe’s largest energy companies, Statoil and E.ON have launched a €1.2 billion joint venture to develop the largest offshore wind farm in the Baltic sea. Over 60 6MW turbines will be located at […]
As spring in Lithuania starts warming up, Kaunas has already issued permits to 61 outdoor cafes. Businessmen say the season is expected to begin this weekend. Kaunas’ external terraces are currently actively being renovated and […]
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