Lithuania’s draft budget for 2016 allows for conservative optimism, says Loreta Graužinienė, speaker of the Seimas. According to the parliament’s leader, there is no risk that budget spending would exceed income in 2016 more than projected. […]
Direct air transport effect on Lithuania‘s economy in 2013 reached 86 million euro, or 0.25 percent of GDP. However, it is only the tip of the iceberg, since the total sum of direct, indirect, induced effects and the broader economic benefits from air transport effect in Lithuania would be 870 million euro, or 2.5 percent of GDP. […]
Lithuania will be the first country in Europe to receive a shipment of liquefied natural gas (LNG) from the United States, sources confirm. […]
The Lithuanian parliament approved the new LNG terminal financing model on Tuesday, as the old model would have resulted in higher heating prices next year. […]
The Bank of Lithuania has drafted a list of private banking services that it proposes should be made more accessible. If the proposal is endorsed by parliament, commercial banks will have to provide basic services like debit card administration, cash withdrawals and money transfers in the EEA to their clients at a fixed charge. […]
A Lithuanian charity ball in London celebrated the quarter-century anniversary of Lithuania’s independence and raised funds to be donated for suicide prevention. […]
The European Commission published its assessment of budgetary plans submitted to it by eurozone countries. Commenting on Lithuania’s 2016 national budget draft, the EC says it strays too much from fiscal discipline targets and that Lithuania might fail to keep structural deficit below 1 percent of GDP. Lithuania’s prime minister has responded that the government is not planning to revise the budget. […]
On 9-15 November, fighter aircraft of the NATO Air Policing Mission in the Baltic States performed one A-Scramble to intercept a foreign aircraft in international airspace above the Baltic Sea, the Ministry of National Defence reports. […]
Lithuanian political scientists, journalists and politicians comment on the coordinated terrorist attacks in Paris which left at least 129 people dead. […]
President Dalia Grybauskaitė left for the 70th UN Educational, Scientific and Cultural Organization, UNESCO, leader forum on Monday, November 16, in Paris. While in Frabce, the Lithuanian president is to honour the victims of a series of coordinated terrorist attacks in Paris. […]
The Lithuanian government has decided to pay tribute to victims of the terrorist attacks in Paris by observing a minute of silence at 1 PM on Monday. […]
One of the largest independent suppliers of electricity in Lithuania, Inter RAO Lietuva Group has published its results for the nine month period which ended on 30 September, 2015. […]
The Ministry of Foreign Affairs of Lithuania has strongly condemned the terrorist attacks in Paris on November 13. These barbaric acts against civilians is a callous and cruel attack against humanity and civilisation, the Ministry of Foreign Affairs said. […]
Lithuanian President Dalia Grybauskaitė has expressed support for the French people and the President of France François Hollande after a series of coordinated terrorist attacks across Paris killed over a hundred people. […]
On 11 November, Lithuanian Ambassador in Sweden Eitvydas Bajarūnas and Commerce Attaché Audrius Masiulionis visited Jönköping city, situated in the south of Sweden, where they discussed economic cooperation with representatives of the local business community, visited Husqvarna factory and the annual exhibition ELMIA Subcontractor. […]
The Lithuanian parliament voted to remove the controversial bill on ‘denigration’ of family values from its agenda. The law, which rights groups say would restrict freedom of expression, such as LGBT pride marches, was to be put for the final vote on Thursday. […]
On 10 November, defence ministers of NB8 (Nordic-Baltic Eight) countries approved Lithuania’s and Sweden‘s proposals on strengthening Nordic-Baltic defence cooperation. Ministers agreed to enhance the cooperation in areas like hybrid warfare, cyber security, joint exercises and operations, updates and procurement of weaponry, rendering assistance to Georgia and Ukraine under the Nordic-Baltic Assistance Programme, and others, the Ministry of National Defence said. […]
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