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Foreign affairs

Lithuanian PM meets with ambassador of India

On Monday, incoming Ambassador of the Republic of India to the Republic of Lithuania Ajay Bisaria has met Prime Minister Algirdas Butkevičius at the Office of the Government. The prime minister has congratulated the ambassador on his new term of office in Lithuania, discussed bilateral relations, and stressed Lithuania’s interest in the signing of the Free Trade Agreement between the European Union and India, the prime minister’s press service said. […]

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Moscow says it is concerned over Finland and Sweden moving closer to NATO

Responding to a joint declaration of the Nordic countries of intentions to step up military cooperation in the face of Russian aggression, Russia‘s Foreign Ministry issued a statement on Sunday, saying that moves by Finland and Sweden towards closer ties with NATO were of “special concern”, Reuters reports. […]

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Economy

Lithuania’s central bank suggests tougher guidelines for housing loans

The Bank of Lithuania has presented to market participants its proposals concerning changes to the Responsible Lending Regulations. They would introduce the requirement to responsibly assess customer’s risk due to likely interest rate increases, while the proposed shorter maximum maturity of a housing loan would speed up the repayment of the loan and reduce the possibility of over-indebtedness, the Bank of Lithuania said. […]

Romualdas Ozolas
Society

Lithuanian Independence Act signatory Ozolas passes away

Lithuania’s Independence Act signatory Romualdas Ozolas, who served as an MP in 1992-2000, passed away on Monday, the parliament’s Public Relations division said. […]

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Foreign affairs

Lithuanian foreign minister expresses condolences over death of former British ambassador Michael Peart

“I am deeply saddened by the news of Michael Peart passing. He was a true friend of Lithuania and the first Ambassador of the United Kingdom to Lithuania. We shall always remember Michael with great respect, with gratitude. He will remain in our hearts forever as a true friend of Lithuania,” reads the letter of condolences sent by Linas Linkevičius to the wife and son of the deceased on 3 April, the MFA reports. […]