European Union
Finance Minister Šadžius proposed for European Court of Auditors
The Lithuanian government wants to appoint Finance Minister Rimantas Šadžius to the European Court of Auditors. […]
Articles by LT Daily
Energy
Vilniaus Energija fined €600,000 by regulator
The National Commission for Energy Control and Prices has fined UAB Vilniaus Energija €600,000 for failing to provide required information during an audit of the company‘s activities in 2012-2014. […]
Politics
Lithuania’s new prosecutor general wants prosecutors to be shielded from too much public pressure
Evaldas Pašilis, a judge from Ukmergė, has been appointed prosecutor general six months after his predecessor left the office. He says that one of the keys to making the system do a better job is providing more security to people working in it. […]
Politics
PM Butkevičius still undecided about running for president
Prime Minister Algirdas Butkevičius, leader of the Social Democratic Party and currently one of the most popular politicians in Lithuania, says he is not yet thinking about running for president in 2019. […]
Global LT
Young expatriates don’t rule out returning to Lithuania
Lithuanian institutions are putting more and more effort into enticing expatriates to return to their homeland, world Lithuanian youth leaders said during a meeting with Prime Minister Algirdas Butkevičius. […]
Economy
Coca-Cola acquires Lithuanian bottled water producer Neptūnas
Coca-Cola is buying Lithuanian bottled water company Neptūno Vandenys. […]
Politics
Lithuanian parliament endorses prosecutor general nomination
The Lithuanian parliament voted on Tuesday to endorse the president’s nomination of judge Evaldas Pašilis to the post of prosecutor general. […]
Defence
Lithuania to spend €50m on anti-tank missiles and launchers
Lithuania is planning to buy 220 javelin anti-tank missiles, along with 74 launch units, from the United States at a cost of over €50 million. […]
Economy
Swedbank and Danske Bank deal may need Competition Council’s approval
Swedbank‘s deal with Danske Bank on taking over the latter’s retail banking services might put the Swedish bank into a dominant market position and therefore will need to be signed off by the Competition Council, a lawyer says. Still, there should be no trouble securing the competition watchdog’s approval, the business daily Verslo Žinios reports. […]
Economy
Uber in legal ‘grey area’, Lithuanian ministry says
Uber, the international ride sharing platform that has recently started operating in Vilnius, is balancing in the “grey area” of legality, a Transport Ministry official says. The ministry and the Lithuanian tax authorities are still waiting for full documentation from the company, Lietuvos Žinios reports. […]
Energy
Town faces trebling of gas prices under Gazprom deal
The cost of gas for residents and businesses in Druskininkai could treble in the next year if the spa town in south Lithuania cannot find an alternative to an extremely unfavourable gas supply deal with Gazprom. […]
Politics
New dual citizenship law approved by parliament
Lithuanian citizens with special merits to the state will be able to retain their Lithuanian passport even after becoming naturalized citizens of another country, parliament decided on Tuesday. […]
European Union
EU Commissioner attacks Lithuanian politicians for turning immigration into election issue
Lithuanians should show their support for the EU not just in relation to EU investments in energy projects in Lithuania but also in helping other EU member states to solve the refugee crisis, says Vytenis Andriukaitis, the EU Health and Food Safety Commissioner. […]
Society
‘More police officers on the streets next year’
Cutting the number of police officers working an administrative duties will put more officers on the street next year, according to Police Commissioner General Linas Pernavas. […]
Economy
Euro generates savings of over €125m for Lithuania
The introduction of the euro at the beginning of 2015 has had a significant economic impact on Lithuania, its citizens and businesses, according to the Bank of Lithuania (LB). […]
Politics
Lithuanian parliament to vote on new prosecutor general
The Lithuanian parliament is voting on Tuesday on the new candidate for the post of prosecutor general which has been vacant since June. […]
Economy
Vilnius airport celebrates 100-year anniversary
Vilnius International Airport is celebrating its 100-year anniversary in December this year. […]
Energy
Economy
Euro adoption helped Lithuanians save €40m
Lithuanian consumers and businesses saved some €40 million due to lower interest rates after the adoption of the euro a year ago, economists at the Bank of Lithuania say. Costs were also cut on currency exchange and due to lower rates on international money transfers. […]
Politics
Interior minister briefed on disloyal officers at Public Security Service
Interior Minister Saulius Skvernelis says he has been informed about how many employees in the Public Security Service were suspected of disloyalty to Lithuania. […]