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. […]
The Vilnius Town Hall is hosting on Tuesday evening a discussion on whether or not to rename a street named after Kazys Škirpa, which is located in the heart of the capital. […]
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. […]
Administration of Lithuania’s capital Vilnius intends to take Vilniaus Energija, heating supplier to the city, to demand that it pays back some of the money, 190,000 euros, for heating when it bought biofuel at a price far above the market price. […]
If you type the word “hybrid” into the Google search machine, you will get a rather likely result – the term “hybrid car”. Only later Google will include such terms, as “hybrid warfare” and “hybrid threats”. In general, hybrid means a thing made by combining two or many different elements, mixed. So much about the terms. […]
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. […]
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. […]
Every year Latvia hosts what is called The Riga Conference. This year was no different. Held in the National Library across the river from the Old Town, invited delegates from the world of diplomacy, think tanks, academia, the military, and political life, gathered to listen and take part in a series of talks focussing on European foreign policy and security. […]
Both the “Peasant” and Social Democrat negotiation group leaders – Ramūnas Karbauskis and Algirdas Butkevičius say that it is very unlikely the two parties will fail to agree on programme points and posts. Thus the […]
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