Economy

Strong Lithuanian economy growth despite Euro area weakness

Strong Lithuanian economy growth was impressive, it expanded 3.9% annually in this first quarter of 2019. Meanwhile, season and calendar adjusted quarterly growth stood at 1%, Swedbank announced.  Lithuanian economy growth was supported by very […]

Foreign affairs

After Strasbourg Court conclusion, MEP urges Amazon to treat Soviet symbols like Nazi’s #WhyNotSvastika

Last week European Court of Human Rights officially recognized that the crimes of Soviet soldiers against Lithuanian partisans for their resistance against the oppressive regime are considered as a genocide in Lithuania. Following the Court’s […]

Irma Gudžiūnaitė
Politics

Ruling party and PM seek to undermine authority of the president

Prime Minister Saulius Skvernelis was surprised by President Dalia Grybauskaitė‘s decision not to appoint Irma Gudžiūnaitė to be Environment Minister. He claimed that the presidential candidate had promised a positive decision on her suitability for office. The Prime Minister claims that it will not be possible to reconcile new nominees for Environment Minister with the President, LRT.lt reported. […]

Economy

Lithuanian tax incentives for film production successfully raised to 30%

Lithuanian parliament has approved a boost to the country’s film production tax incentive, increasing it from 20% to 30%. The new level will take effect from January 1, 2019 and the legislation has been renewed for the next five-year period, a press release from the Lithuanian Film Centre states. […]

No Picture
Society

Vėlinės in Lithuania

All Saint’s Day is an important holiday celebrated in honour of known and unknown saints on November 1st. While the Vėlinės (All Soul’s Day) celebration to commemorate the deceased is held to be on November 2nd, in Lithuania the two are often celebrated together on November 1st with deceased relatives’ graves being visited. […]

No Picture
Economy

Lithuanians started to enjoy the non-alcoholic beer: sales records are beat

Today, the International Brewers’ Day is celebrated, it reminds us not only of the old brewing traditions, but of the innovations of beer industry as well. Non-alcoholic beer, which was considered a niche product not so long ago, is already about to get rid of this label. This summer the demand for non-alcohol beer is growing at a record pace, while Lithuanian and foreign beer makers had supplied store shelves with fifty different types of non-alcoholic beer, a press release from Maxima states. […]

Pillar Unconference
Economy

Developers! Radix DLT and Pillar partner on a hackathon

We’ve always been fans of Radix DLT and the work they have been doing. That’s why we are excited to announce that we will be hosting the first Radix hackathon at the #PillarUnconference. […]