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. […]

Opening of the Vilnius Tech Park
Economy

Biggest tech startup hub in Baltics and Nordics opens in Vilnius

Vilnius Tech Park, the region’s biggest hub for tech startups, opened for business today. Boasting more than 9,000 square meters of prime office space in renovated 19th century buildings, all set in the historic parkland of Sapiegos stately home, Vilnius Tech Park is now one of the most stylish working environments on offer in the Baltic States. […]

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. […]

Kęstas Komskis
Politics

Komskis loses his MP mandate amid vote-buying suspicions

Lithuania’s Central Electoral Commission has cancelled the registration of Kęstas Komskis of the Order and Justice Party for parliamentary elections amid vote-buying suspicions, causing him to lose the MP mandate he won in the elections earlier this month. […]

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. […]

Ramūnas Karbauskis ir Gabrielius Landsbergis
CORPORATE

ELECTIONS. Stumbling blocks to Conservatives and “Peasants” cooperation

During their elections campaigns both the Conservatives (TS-LKD) and the “Peasants” (LVŽS) stressed the need for education and social reform. How the reform should be done, however, particularly education, is where their opinions split. For […]

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. […]

"Iskander-M" in Kaliningrad region already?

Russia transporting Iskander missile system to Kaliningrad

According to a government source known to ERR’s Estonian news portal, the Russian Baltic Fleet is moving an Iskander-M missile system from Ust-Luga to Kaliningrad on a civilian vessel, ERR News reported. […]