Stasys Jakeliūnas
CORPORATE

Jakeliūnas on the letter which decided his post

Prior to the Seimas elections Stasys Jakeliūnas was viewed as the most likely candidate for the post of Minister of Finance. Surprisingly, however, he replaced the already confirmed Seimas Budget and Finance Committee chairman, while the PM chose Vilius Šapoka as a candidate for the post of Minister of Finance. According to Jakeliūnas this occured due to his stance on pension funds and pressure on financial institutions. […]

LIDL in Lithuania
Economy

Lidl plans to invest another EUR 60 mln in expansion in 2016

Retail chain Lidl, which started trade activities in Lithuania last summer and is currently operating 21 stores across the country, celebrates first Christmas with special festive offers for the customers and further expansion, Lidl press office reported in a press release. […]

Donald Trump the USA President elect
Society

Trump won the election, a Lithuanian won 9,000 EUR

While the world expresses surprise that Donald Trump has won the United States presidential election, one Lithuanian citizen from Southwest Lithuania rejoices having won 9,000 Euros. A year ago the man bet 1,000 Euros and believed that Clinton was going to lose and no one else but Trump will win the election. At that time betting offers at the betting company “TOP sport on the 45th US president’s victory ratio was of one to nine. […]

Jean-Claude Juncker
Opinion

The unspoken about the European Union Army

In his annual speech “State of the Union” at the European Parliament, the European Commission President Jean-Claude Juncker avoided naming the EU Army in particular, while he revealed new details on this idea within a framework which is more voter-friendly, namely the European Defence Union, MEP Dr. Roberts Zīle wrote for the Riga Conference portal […]

The Seimas
CORPORATE

Faces we won’t see in the new Seimas

On October 23 voters closed the door on a number of political old guard, the hopes of many who wished to keep their membership in Seimas were broken. The moods of those who failed to be re-elected vary – some intend to savour their freedom, some intend to seek work or spend time with their families. In total there will be 82 new faces in Seimas, 5 of them returning after a break. 59 members of Seimas were re-elected, but a large number of the old guard will be gone. […]

The Soft Russia's containment strategy first page
CORPORATE

Will Conservatives ignore ‚Russian skeleton’ in Karbauskis’ wardrobe?

The Conservatives (TS-LKD) have taken a far more moderate stance today compared to when two years ago they released a party document titled “The Soft Russia‘s Containment Strategy” (Minkštoji Rusijos sulaikymo strategija“), among the contents […]

Lithuania's Mindaugas Kuzminskas during Lithuania Latvia basketball game
Opinion

Why relations between Lithuania and Latvia aren’t all that fraternal

Lithuania and Latvia have much in common on a strategic level. Yet relations between the two aren’t especially brotherly. That’s how political expert Linas Kojala put it on LRT.lt. In his opinion it is difficult to pin down a special closeness between the two countries with actual examples. Vytautas Magnus University Professor Alvydas Butkus notes that representatives of the two countries’ governments would seemingly like to communicate but there aren’t close ties between the two societies. […]

Gabrielius Landsbergis
Politics

Lower voter turnout shows disappointment in current Govt – Landsbergis

A lower voter turnout in Sunday’s parliamentary elections signals the public’s disappointment with the incumbent government, Gabrielius Landsbergis, leader of the conservative Homeland Union–Lithuanian Christian Democrats (TS-LKD), said after the polls closed on Sunday. […]