After Lithuanian MP Artūras Paulauskas suggested that Russian troops could have disembarked on Lithuanian territory in the Curonian Spit during a training mission, Russian media panned the statements and the intelligence report they are based […]
Prison sentence passed by a Russian court for Lithuanian national Aristidas Tamošaitis came into effect after he did not appeal against conviction on espionage charges. Tamošaitis was sentenced to 12 years imprisonment in a high-security […]
Lithuanians fail to claim millions in income tax exemptions they are entitled to each year. Experts say the reasons might be over-complicated tax declaration system or the fact that people do not know or forget […]
Residents of a town in central Lithuania have confronted builders of Rail Baltica, saying railway tracks are planned too close to their homes. People of Neveronys are protesting plans to construct a marshalling yard and […]
Lithuania’s Labour Exchange reports the growing number of new jobs and decreasing unemployment in March. Last month, the number of job seekers registered with the Labour Exchange went down about 6,600 month-on-month, totalling 160,800, or […]
The number of Lithuanian citizens without bank accounts or other payment facilities has grown rapidly in Lithuania over the past three years, with the largest increase in the past year. A Bank of Lithuania survey […]
The number of Lithuanian companies operating profitably increased over the last six months with a majority raising wages, said the head of the macro-prudential analysis department at the Bank of Lithuania Andrius Škarnulis on Žinių […]
German capital company Rhenus Svoris along with the investor Norwegian company Baltic Sea Property AS starts are to building a €10 million logistics complex in Vilnius. “This is a long-planned step – we will need […]
Lithuanian engineering companies are being forced to look to hire workers from abroad because of a skills shortage in Lithuania. Chief executive of one of the largest engineering industry groups in Lithuania AB Vakarų laivų […]
Klaipėda Seaport has again broke records for freight traffic in March, now surpassing other eastern Baltic ports. “In March we had a huge growth of loads compared to the same month last year. Traffic was […]
LT Gas Stream, a gas sale intermediary registered in Switzerland, is no longer selling Gazprom‘s gas to Lithuania’s Dujotekana, Verzlo Žinios reports. LT Gas Stream has been selling Russian gas exclusively to Dujotekana since 2008, […]
Lithuania is soon to become the first country in the world to regulate lending between enterprises and their customers. “There are many countries which have similar borrowing alternatives, but they do not have regulation. We […]
The idea of a basic bank account that would attract a low flat fee and allow Lithuanians to get a complete service package in one account at a fixed commission is being moved forward by […]
Not a single child has been killed on the roads due to their own negligence last year, said Lithuanian police spokeswoman Marija Kazanovič on the LRT show Labas Rytas Lietuva. This is the first time […]
Petrol prices in Lithuania’s filling stations went up slightly since the beginning of the month, following an extended lull. Industry representatives put the increase down to increasing oil prices on global markets. Petrol prices have […]
Shrinking pensions, emigration and a low birth rate are all related problems, according to Conservative Rimantas Jonas Dagys, a member of a Parliamentary Social Affairs and Labour Committee, who is proposing to link pensions to […]
Electricity prices have fallen in Lithuania in the last week as electricity imports from the Nordic countries flowed again following the fixing of problems on the Nordbalt interconnector. Last week the average price of electricity […]
Lithuanian Prime Minister Algirdas Butkevičius has already submitted a proposal to the presidential office to dismiss the Interior Minister Saulius Skvernelis, although previously he has said he would only do so after a new minister had been found. […]
The Parliamentary Audit Committee has calculated that the government sector last year took a tenth of taxpayers’ money, almost €1 billion – just for salaries. “The trends are bad. The numbers are increasing in all […]
Foreign companies operating and expanding in Lithuania will begin paying higher taxes to the Lithuanian government some over the next two years as they expand and develop in Lithuania, Verslo Žinios reports. “The investors attracted […]
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