In 2016, the average price for electricity in the Lithuanian bidding area of Nord Pool was the lowest in the history of the exchange: EUR 36.5 per megawatt hour (MWh). The price was 13% lower compared to 2015 and 25% lower than in 2014 and 2013, LitGrid AB informed in its press release today. […]
200 asylum applicants have been relocated and resettled to Lithuania from Greece and Turkey in 2016. Since it is their first Christmas in Lithuania, International Organization for Migration (IOM) in Vilnius together with Rukla refugee reception centre organized an initiative to share the Christmas spirit with them, IOM announced in a press release. […]
The number of attempts to f ind devices with unsafe Internet access with the aim of using them for cyber attacks has risen by a factor of five in Lithuania in 2016. […]
Opening of the liquefied natural gas (LNG) competence centre in the seaport is a significant event for the Lithuanian LNG cluster members in the outgoing year 2016. A modern training infrastructure, which was marshalled in business incubator of Klaipėda University (KU), will serve the LNG terminal engineering students, as well as the specialists from Lithuania and abroad working in that field, the Klaipėda University stated in a press release. […]
The Lithuania Tribune team would like to wish all our readers a Merry Christmas and a Happy New Year. […]
The new Minister of Energy Žygimantas Vaičiūnas does not deny the possibility that in negotiations to disconnect from the so-called BRELL ring there could be tensions, but states that Russia understands the goals of Lithuania and other Baltic States perfectly well. […]
Voting regarding the VAT exemption for heating costs did not demonstrate unity between Prime Minister Saulius SKvernelis and colleagues from the party which delegated him. The PM himself says that this happened only because party […]
The current legislative term in Lithuania will be half a year shorter than usual as the next parliamentary elections are likely to be held in the spring of 2020, the chairman of the ruling Lithuanian Peasant and Green Union (LPGU) said on Tuesday. […]
Employers are struggling for employees still remaining in Lithuania and are raising wages at the fastest rate in the European Union, but emigration is hurting long term economic growth. […]
It is understandable why at the end of this year political analysts raise questions from evermore acute angles. Edward Lucas for one has expressed fears as to whether NATO will withstand Donald Trump’s administration or if the European Union can still be saved. […]
Russia has exited recession and now all the Baltic Sea region (BSR) economies are expanding, but growth is expected to be modest. The global rise of populism and anti-establishment moods, although promising fiscal expansion that may boost short-term growth, builds up risks of protectionism with a negative impact on long-term growth, Swedbank writes in its annual Baltic Sea Region Report. […]
Lithuania’s Foreign Ministry has provided info to the country’s law-enforcement, contesting the Russian argumentation over the detention of Zurab Maisuradze, a former head of Georgia‘s anti-terrorism center, in Vilnius. […]
The two largest and up to then most significant parties in Lithuania, the Social Democrats and the Conservatives, not only did not win the elections, albeit losing very differently, but are also standing at a sort of crossroads. Plagued by internal dissent they are seeking their future, striving to free themselves of a crisis of identity and to define their values. Meanwhile political scientists believe that average voters care little who rules – the left or the right, what matters is who resolves their problems. […]
The new Saulius Skvernelis government presented their official plan for the coming four years. The government programme is comprised of 132 pages which narrate the main Peasant and Greens – Social Democrat coalition tasks. News […]
The board of the Lithuanian Social Democratic Party (LSDP) plan to discuss on Friday candidates for the post of justice minister in the new coalition government. […]
Annual Lithuania’s GDP growth decelerated to 1.7% in the third quarter of this year. Seasonally and working day adjusted quarterly growth decelerated from 0.4% in the second quarter to 0.1% in the third quarter. Household demand remained the main driver of growth, while shrinking investments was the largest drag on growth, Swedbank announced. […]
The Homeland Union – Lithuanian Christian Democrat Party union Lithuanian Christian Democrats published a declaration regarding the situation in the party on 29 November. […]
Bored Panda, the panda-friendly, viral content creating web magazine, is joining the Vilnius Tech Park community. The startup, launched in Lithuanian in 2009, is busy filling the internet with creative posts, amazing artwork, fun picture galleries and articles in English and Spanish, Vilnius Tech Park announced in its press release. […]
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